Bank FD Comparison Tool
India Post - Post Office vs Bank of Maharashtra Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between India Post - Post Office (Public Sector) and Bank of Maharashtra (Public Sector).
Post Office
Public Sector
VS
Bank of Maharashtra
Public Sector
Post Office: Min ₹1,000
Bank of Maharashtra: Min ₹1,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹1,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -Post Office: % |Bank of Maharashtra: %
Side-by-Side Rate Comparison
Direct comparison of general rates
Post Office
Bank of Maharashtra
Highlighted = Your selected tenure
Feature Comparison
Features | Post Office Public Sector | Bank of Maharashtra Public Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
India Post - Post Office
Public Sector Bank
Key Advantages:
Government backed savings schemes
Nationwide post office network
Quarterly compounding on TD and RD
5-year TD qualifies for Section 80C benefits (₹1.5 lakh)
No additional interest for senior citizens
Loan facility up to 50% after 12 months on RD
Minimum deposit: ₹10/month for RD, ₹1,000 for TD
RD tenure can be extended up to 10 years
Safe and secure government scheme
Available at all India Post offices
Bank of Maharashtra
Public Sector Bank
Key Advantages:
Government-owned public sector bank
Established in 1935, serving Maharashtra and beyond
Special schemes: 500 days (6.55%), 600 days (6.50%), Green Deposit 1777 days (6.05%)
Wide branch network across India
Online FD booking facility
Senior citizens get +0.50% additional interest
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Post Office (₹5L) + Bank of Maharashtra (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose Post Office If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Government backed savings schemes
- •Nationwide post office network
- •Quarterly compounding on TD and RD
Choose Bank of Maharashtra If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Government-owned public sector bank
- •Established in 1935, serving Maharashtra and beyond
- •Special schemes: 500 days (6.55%), 600 days (6.50%), Green Deposit 1777 days (6.05%)
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
Explore more FD comparisons
Looking for a different bank matchup? Use these quick links to jump to other FD comparisons.
Compare Post Office with other banks
Compare Bank of Maharashtra with other banks
Ready to Invest in Fixed Deposits?
Use our individual bank calculators for detailed planning