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Bank of Maharashtra Interest Rates & Financial Calculators

Compare FD, RD, and loan rates with our calculators

Complete guide to Bank of Maharashtra interest rates for FD, RD, and loans. Use our calculators to plan your investments and loans better.

Best FD Rate

7%

Home Loan Rate

7.85%

Bank Type

public

Last Updated

Oct 2025

Best FD Rate: 7% for Senior Citizens
General Rate: 6.5% for all citizens
Min FD Amount: ₹1K only
Min RD Amount: ₹100 monthly
Home Loan Rate: From 7.85%
Personal Loan: From 9.5%
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
Tax Deduction: TDS applicable if interest exceeds ₹40,000 per annum (₹50,000 for senior citizens)
Online Banking Available
Loan Against FD: Up to 90%
Government-owned public sector bank
Established in 1935, serving Maharashtra and beyond
Competitive FD rates up to 7% for senior citizens
Wide branch network across India
Online FD booking facility
Senior citizens get +0.50% additional interest
Best FD Rate: 7% for Senior Citizens
General Rate: 6.5% for all citizens
Min FD Amount: ₹1K only
Min RD Amount: ₹100 monthly
Home Loan Rate: From 7.85%
Personal Loan: From 9.5%
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
Tax Deduction: TDS applicable if interest exceeds ₹40,000 per annum (₹50,000 for senior citizens)
Online Banking Available
Loan Against FD: Up to 90%
Government-owned public sector bank
Established in 1935, serving Maharashtra and beyond
Competitive FD rates up to 7% for senior citizens
Wide branch network across India
Online FD booking facility
Senior citizens get +0.50% additional interest

Latest Bank of Maharashtra Interest Rates

Deposits (FD & RD) Interest Rates

Bank of Maharashtra Fixed Deposit Rates

Latest Bank of Maharashtra Fixed Deposit interest rates for all tenures. Compare general and senior citizen rates.

Type/TenureGeneral RateSenior Citizen Rate
7 days to 14 days
2.75%3.25%
15 days to 29 days
2.75%3.25%
30 days to 45 days
3%3.5%
46 days to 90 days
3.5%4%
91 days to 120 days
3.75%4.25%
121 days to 179 days
4%4.5%
180 days to 269 days
4.25%4.75%
270 days to less than 1 year
4.5%5%
1 year
6.2%6.7%
Above 1 year to less than 2 years
6.5%7%
2 years to less than 3 years
6.5%7%
3 years to less than 5 years
6.25%6.75%
5 years and above
6.5%7%

Bank of Maharashtra Recurring Deposit Rates

Latest Bank of Maharashtra Fixed Deposit interest rates for all tenures. Compare general and senior citizen rates.

Type/TenureGeneral RateSenior Citizen Rate
6 months
4.25%4.75%
1 year
6.2%6.7%
2 years
6.5%7%
3 years
6.25%6.75%
5 years
6.5%7%

Loan Interest Rates

Bank of Maharashtra Loan Interest Rates

Current Bank of Maharashtra loan interest rates and processing fees for different loan types.

Type/TenureMin RateMax RateProcessing Fee
Home Loan
7.85%9.5%0.35% of loan amount + GST
Personal Loan
9.5%13.5%1.5% of loan amount + GST
Car Loan
8%11%0.5% of loan amount + GST
Education Loan
8.5%11.5%Nil for loans up to ₹7.5 lakhs
Business Loan
9.25%13.5%1% of loan amount + GST
Two Wheeler Loan
9.5%12%₹1,000 + GST
Gold Loan
7.6%9.25%₹500 + GST

Why Choose Bank of Maharashtra?

Discover the advantages of banking with one of India's most trusted financial institutions

Competitive Rates

Up to 7% returns on Fixed Deposits with attractive rates for all tenures

Bank Security

Government-backed security with deposit insurance up to ₹5 lakhs

Digital Banking

Advanced mobile banking, online FD booking, and instant loan approvals through digital channels

Customer Service

24/7 customer support with extensive branch network and dedicated relationship managers

Additional Benefits

Loan against FD up to 90% of deposit value
Senior citizen benefits with higher interest rates
Flexible tenure options from 7 days to 10 years
Auto-renewal facility for continuous growth
Premature withdrawal with minimal penalty
Tax-saving FD options available under 80C

Interest rates last updated: Oct 2025