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Bank of Maharashtra FD interest rates for 1, 2, 3 and 5 years

Last checked 3 November 2026. Rate card from 14 September 2026. Deposits below ₹3 crore.

Bank of Maharashtra pays its best rate among these terms on 1 year: 6.40%, or 6.90% for senior citizens. That ranks 15th of 33 banks we track for 1 year. On a 2-year deposit it pays less than SBI (6.40%).

6.40%1 year, senior 6.90%
6.15%2 years, senior 6.65%
5.25%3 years, senior 5.75%
5.00%5 years, senior 5.50%

Bank of Maharashtra FD rates by term

TermRateSenior rate₹5 lakh becomesRank
1 year
Slab: 365 days / one year		6.40%6.90%₹5,32,77615th of 33
2 years
Slab: Above 1 year to 2 years		6.15%6.65%₹5,64,91328th of 33
3 years
Slab: Above 2 years to 3 years		5.25%5.75%₹5,84,69133rd of 33
5 years
Slab: Above 3 years to 5 years		5.00%5.50%₹6,41,01933rd of 33

Interest compounds every quarter and is paid at maturity, before tax. Source: Bank of Maharashtra deposit rates. Each rate is the slab that contains that exact term.

How Bank of Maharashtra compares

  • 1 year: the highest rate we track is Ujjivan Small Finance Bank at 7.25%, 0.85 percentage points more. On ₹5 lakh that is ₹4,471 extra.
  • 2 years: the highest rate we track is ESAF Small Finance Bank at 7.75%, 1.60 percentage points more. On ₹5 lakh that is ₹18,051 extra.
  • 3 years: the highest rate we track is Jana Small Finance Bank at 8.00%, 2.75 percentage points more. On ₹5 lakh that is ₹49,430 extra.
  • 5 years: the highest rate we track is Jana Small Finance Bank at 7.77%, 2.77 percentage points more. On ₹5 lakh that is ₹93,623 extra.

Similar banks: Union Bank of India (6.15% for 2 years), Indian Bank (6.15% for 2 years), UCO Bank (6.10% for 2 years), Bank of Baroda (6.25% for 2 years).

Amounts at Bank of Maharashtra

  • ₹1 lakh for 1 year at 6.40% becomes ₹1,06,555.
  • ₹10 lakh for 1 year at 6.40% becomes ₹10,65,552.
We check every bank's own rate page on a schedule and update these pages when a rate changes. Rates change often and without notice, so confirm with the bank on the day you invest. This is information, not advice.

Questions people ask

What is the Bank of Maharashtra FD rate for 1 year?

Bank of Maharashtra pays 6.40% a year on a 1-year deposit below ₹3 crore (6.90% for senior citizens). ₹5 lakh grows to ₹5,32,776. The slab is "365 days / one year".

What is the Bank of Maharashtra FD rate for 2 years?

Bank of Maharashtra pays 6.15% a year on a 2-year deposit below ₹3 crore (6.65% for senior citizens). ₹5 lakh grows to ₹5,64,913. The slab is "Above 1 year to 2 years".

What is the Bank of Maharashtra FD rate for 3 years?

Bank of Maharashtra pays 5.25% a year on a 3-year deposit below ₹3 crore (5.75% for senior citizens). ₹5 lakh grows to ₹5,84,691. The slab is "Above 2 years to 3 years".

What is the Bank of Maharashtra FD rate for 5 years?

Bank of Maharashtra pays 5.00% a year on a 5-year deposit below ₹3 crore (5.50% for senior citizens). ₹5 lakh grows to ₹6,41,019. The slab is "Above 3 years to 5 years".

Is money in a Bank of Maharashtra FD safe?

Bank of Maharashtra is a public sector bank. DICGC insures deposits up to ₹5 lakh per depositor per bank, principal and interest together.

More FD rate pages

1-year FD rates · 2-year FD rates · 3-year FD rates · 5-year FD rates · Senior citizen FD rates · Tax-saver FD rates · All FD rate pages · Post office FD rates · SCSS interest rate