Bank of Maharashtra (Maharashtra) is a nationalised public sector bank, headquartered in Pune, established in 1935. Its headline 1-year FD rate of 6.40% is +0.19% above the public sector average of 6.21%, ranking #3 of 12 public sector banks.
Figures marked “approx.” are rounded public estimates as of 2024.
Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.
Rates as of 26 Sept 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.
Estimate returns at Maharashtra (quarterly compounding)
Rates for deposits below ₹3 crore · General vs Senior · trend over time
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
No additional super-senior premium — showing Senior rates.
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
7- 30 days |
2.60% | 2.60% | Below ₹3 crore (retail) | |
31-45 days |
2.75% | 2.75% | Below ₹3 crore (retail) | |
46-90 days |
3.75% | 3.75% | Below ₹3 crore (retail) | |
91-119 days |
4.00% | 4.00% | Below ₹3 crore (retail) | |
120-180 days |
4.75% | 5.00% | Below ₹3 crore (retail) | |
181 - 270 days |
5.00% | 5.25% | Below ₹3 crore (retail) | |
271 - 364 days |
5.25% | 5.75% | Below ₹3 crore (retail) | |
365 days/ One Year |
6.40% | 6.40% | Below ₹3 crore (retail) | |
Above 1 year to 2 years |
6.15% | 6.20% | Below ₹3 crore (retail) | |
Above 2 years to 3 years |
5.25% | 5.50% | Below ₹3 crore (retail) | |
Above 3 years to 5 years |
5.00% | 5.25% | Below ₹3 crore (retail) | |
Above 5 years |
5.00% | 5.25% | Below ₹3 crore (retail) |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
365 days/ One Year |
6.40% | 6.40% | Any amount | |
Above 1 year to 2 years |
6.15% | 6.20% | Any amount | |
Above 2 years to 3 years |
5.25% | 5.50% | Any amount | |
Above 3 years to 5 years |
5.00% | 5.25% | Any amount | |
Above 5 years |
5.00% | 5.25% | Any amount |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
Any tenure |
2.75% | 2.75% | All balances |
Deposits with Bank of Maharashtra are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official Maharashtra website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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