Bank of Maharashtra FD Rates: Bank of Maharashtra has revised the interest rates on FDs. Bank of Maharashtra will pay an interest rate of 6.30% on FDs maturing in 400 days and 6% on FDs maturing in 401 days to 3 years.
Bank of Maharashtra FD Rates: Public sector lender Bank of Maharashtra has revised its interest rates on retail fixed deposits. According to the bank’s official website, the new rates have come into effect from November 9. Post revision, the bank is currently offering interest rates on deposits maturing in 7 days to more than 5 years which ranges from 2.75% to 5.75%. Bank of Maharashtra will now offer maximum 6.30% interest rate on 400 days under Maha Dhanvarsha deposit.
Bank Of Maharashtra FD Rates
The bank will offer an interest rate of 2.75% on fixed deposits maturing in 7 days to 30 days, and Bank of Maharashtra will offer an interest rate of 3% on fixed deposits maturing in 31 days to 45 days. Now, deposits maturing between 46 and 90 days will attract interest at the rate of 3.50%, while those with maturity between 91 and 119 days will have to pay interest at the rate of 4.50%. Now, Bank of Maharashtra will pay 4.75% interest on deposits maturing in 120 to 180 days and 5.25% interest on deposits maturing in 181 to 270 days.
On fixed deposits maturing in 271 to 299 days, the bank will now offer an interest rate of 5.50% and on those maturing in 300 days, Bank of Maharashtra will offer an interest rate of 5.85%. Deposits maturing in 301 to 364 days will now get an interest rate of 5.50% and those maturing in 365 days to 399 days will now get an interest rate of 6%.
Bank of Maharashtra will pay an interest rate of 6.30% on FDs maturing in 400 days and 6% on FDs maturing in 401 days to 3 years. The bank is now promising an interest rate of 5.75% on fixed deposits from 3 years to more than 5 years.
