Rates verified from official source

Bank of Maharashtra NRE Fixed Deposit interest rates · October 2026

As of 5 Oct 2026, Bank of Maharashtra offers up to 6.65% p.a. on its NRE fixed deposit (400 days) for general customers. Rates below are as published by the bank — confirm with Maharashtra before investing.

NRE Fixed Deposit rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies toAs ofSource
365 Days/ 1 year
6.40% 6.40% Any amount
18 Jun 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
Above 1 year to 2 years
6.15% 6.15% Any amount
18 Jun 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
400 days
6.65% 6.65% Any amount
18 Jun 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
Above 2 years to 3 years
5.25% 5.25% Any amount
18 Jun 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
Above 3 Years to 5 Years
5.00% 5.00% Any amount
18 Jun 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
Above 5 years
5.00% 5.00% Any amount
18 Jun 2026
official
fetched 3 Oct 2026
✓ verified 5 Oct 2026
Source ↗

Maharashtra NRE FD: frequently asked questions

What is the highest Maharashtra NRE FD interest rate?

As of 5 Oct 2026, Bank of Maharashtra offers up to 6.65% p.a. on its NRE fixed deposit (400 days) for general customers. Rates below are as published by the bank — confirm with Maharashtra before investing.

Do senior citizens get higher NRE FD rates at Maharashtra?

Bank of Maharashtra does not publish a separate senior citizen premium for these deposits in our data. Check the bank's official rate card for any senior-citizen offers.

Is interest on Maharashtra NRE FDs taxable in India?

Interest on NRE deposits is generally exempt from income tax in India for eligible Non-Resident Indians. Tax rules depend on your residential status and the country you live in, so confirm with a tax advisor.

Is my NRE fixed deposit with Maharashtra insured?

Deposits with Bank of Maharashtra are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these Maharashtra rates?

RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 18 Jun 2026. Rates can change without notice, so verify on the official Maharashtra website before investing.

Good to know

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.