Bank of Maharashtra FD Interest Rates 2025

Top Guaranteed Return Plans 

Guaranteed Return Plans are more comprehensive as compared to fixed deposits. The plans are not only stable and have long-term returns, but also have the advantage of life insurance. They are a wise, two-in-one investment choice and a perfect, safe investment tool that can protect your loved ones.

Bank of Maharashtra Fixed Deposit: Latest Updates 

In Aug 2025, the fixed deposit rates offered by the top banks with a maximum return of 7.75% per annum. Bank of Maharashtra with 6.7% Returns on a 366-day deposit, unchanged since June 27, 2025.

Comparing FDs with Other Options 

Fixed Deposits (FDs) are capital safe and have guaranteed returns, and are therefore suitable for conservative investors and have been the first choice of investment. Other options include growth opportunities with a certain type of risk involved. 

What is the Bank of Maharashtra Fixed Deposit? 

The Bank of Maharashtra offers Fixed Deposit plans with fixed interest rates and a predetermined tenure, allowing investors to earn returns over a specified period. These FDs cater to various investor demands, with tenures ranging from 7 days to 10 years. The bank offers a variety of fixed deposit options, including special schemes such as the Tax Saving Fixed Deposit.

Bank of Baroda Fixed Deposit: Key Highlights

Bank of Maharashtra FD Interest Rates

Here are the Bank of Maharashtra FD interest rates for different slabs are mentioned below:

Bank of Maharashtra Fixed Deposit Interest Rates on Domestic/NRO (for less than ₹3 Crores)

*Bank of Maharashtra FD interest rates w.e.f. December 08, 2025

Fixed Deposits Interest Rates on Domestic/NRO (for Amounts of ₹3 Crores to ₹10 Crores)

*Bank of Maharashtra FD interest rates w.e.f. December 08, 2025

Types of Bank of Maharashtra FD

1. Bank of Maharashtra Regular Fixed Deposit 

   A safe investment option to enjoy guaranteed returns with shorter tenures. Appropriate in case of people seeking stability in growth and capital security.

   Tenure - 7 days to 10 years 

   Minimum Deposit Amount - Rs 1000

   Maximum Deposit Amount - No Limit 

   Nomination Facility - Available 

   Loan Facility - up to 90% of the loan amount 

2. Monthly Interest Deposit Scheme 

   Mahabank Monthly Interest Deposit Scheme offers the comfort of interest payment on a monthly basis source of revenue, and a better way to manage your monthly budget.

   Tenure - 12 months to 120 months 

   Minimum Deposit Amount - Rs 1,000

   Loan Facility - up to 90% of the loan amount 

   Nomination Facility - Available 

3. BOM Maha Saraswati Scheme 

   A special fixed deposit scheme by Bank of Maharashtra that exclusively targets girl children and encourages long-term savings to meet the education and future requirements of the girl child. Has high interest rates and guaranteed returns.

   Minimum Monthly Deposit - Rs 100

   Tenure - 36 months to 120 months 

   Educational Loan - Concession in interest up to 0.25%

   Premature Withdrawal - Maybe available

4. BOM Tax Savings Term Deposit 

   A fixed deposit plan with tax advantages of Section 80C of the Income Tax Act. 5 years lock-in period and competitive interest rates suited to safe, long-term savings.

   Tenure - 5 years

   Minimum Deposit Amount - Rs 100

   Maximum Deposit Amount - Rs 1,50,000

   Premature Withdrawal - NOT available 

   Loan Against Deposit - Not available

Key Benefits of Bank of Maharashtra

Bank of Maharashtra offers numerous benefits for investors in fixed deposits. Some of them are listed below.

• Attractive Interest Rates: The bank offers fixed deposit interest rates ranging from 2.75% to 7.25% per annum for general customers. Senior citizens get up to 7.75% per annum, with an additional 0.50% interest on applicable tenures.
• Tax-Saving Fixed Deposit: A 5-year Tax Saving FD is available, which qualifies for tax deduction under Section 80C of the Income Tax Act for investments up to ₹1.5 lakh per financial year. Premature withdrawal and loans are not allowed except in the case of the depositor’s demise.
• Nomination Facility: All FD holders can nominate a beneficiary. This ensures that the deposit amount is transferred smoothly to the nominee in case of the account holder's death.
• Online FD Services: Customers can open and manage fixed deposits through the MahaMobile Plus App or internet banking, avoiding the need to visit a branch physically.
• Flexible Tenure Options: Fixed deposits are available for tenures ranging from 7 days to 10 years, allowing both short-term and long-term investment planning.
• Loan Facility Against FD: The bank allows loans up to 90% of the deposit amount, which can be availed without closing the FD. This helps in managing urgent financial needs. Interest rates are lower than traditional personal loans, and with no processing fees.
• Sweep-In/Sweep-Out Facility: Bank of Maharashtra provides an auto sweep facility, where surplus funds in a savings account are transferred to a linked FD (sweep-in) to earn higher interest. In case of a shortfall, funds are withdrawn from the FD (sweep-out) to meet the requirement, ensuring liquidity.

How to Open a Bank of Maharashtra FD Deposit Account

A Bank of Maharashtra (BOM) fixed deposit is a secure way to save money. You can invest a lump sum for a fixed period and get guaranteed returns through both online and offline channels, depending on your convenience. Below are step-by-step instructions for each method - 

Online

Existing Bank of Maharashtra customers can open an FD account easily online - 

• Net Banking or Mobile App: Log in to your BOM internet banking or the "Mahamobile Plus" app.
• Go to 'Fixed Deposit': Select the "Deposit FD/RD" option. Then choose "Open Fixed Deposits."
• Enter Details: Fill in the deposit amount and tenure. 
• Select FD Type: Choose your deposit type. You can also pick a special scheme if available.
• Maturity Instructions: Choose how you want to receive interest. You can opt for auto-renewal.
• Review and Confirm: Check all the details. Accept the terms and conditions. Then submit your request.
• FD Receipt: The bank will book your FD instantly. You'll receive a receipt via email.

Offline 

 You can also open a Bank of Maharashtra FD by visiting a bank branch - 

• Visit a BOM Branch: Go to your nearest Bank of Maharashtra branch with address proof and the deposit amount.
• Fill Out the Form: Complete the fixed deposit application form at the branch.
• Submit Documents: Provide your KYC documents with 2 photographs
• Deposit Funds: Deposit the FD amount. You can use cash or a cheque.
• Get the FD Receipt: The bank will issue a physical fixed deposit receipt as confirmation.

Eligibility 

Bank of Maharashtra is the \perfect investment choice of professionals such as doctors, engineers, business persons, students, and homemakers, among others, who want safe and stable returns.

• Individuals, 
• firms, partners, and companies 
• Minors (under the legal guardian's name)

Key Takeaways

Bank of Maharashtra offers fixed deposit interest rates from 2.75% to 6.10% per annum for general citizens and from 3.25% to 7.10% per annum for senior citizens. FD tenures range from 7 days to 10 years. The bank offers a Tax Saving FD under Section 80C. You can get a tax deduction of up to ₹1.5 lakh per year. This FD has a 5-year lock-in. The bank attracts customers with high FD interest rates across different tenures. Customers can book FDs through mobile or internet banking.