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Bank of Maharashtra Fixed Deposit Bengaluru

About Bank of Maharashtra Fixed Deposit Bengaluru

Bengaluru, also known as Bangalore, is the city marked by quick development and swift changes. Being the hub of technological advancement in the country, the city of Bengaluru has changed a lot over the last decade. Bank of Maharashtra has always kept in mind the needs and desires of its customers. With acknowledging the knack of the people of Bengaluru towards making savings and investing, Bank of Maharashtra introduced its product-Bank of Maharashtra Fixed Deposit- years ago. This product was received in full swing by the people and soon it gained its ground in the city. Keep scrolling to know in depth about it!

Bank of Maharashtra Fixed Deposit Bengaluru at a Glance

ParticularsDetails
Interest Rate2.75% - 6.40%
Minimum Deposit Amount₹ 1,000 and in multiples of ₹ 100, thereafter
Tenure1 year to 10 years

Criteria of Eligibility

The eligibility criteria to open a fixed deposit account with the Bank of Maharashtra is quite liberal. Below listed individuals can avail the service of fixed deposit from the bank-

  • Individuals
    • An Indian Resident
    • A Non-resident Indian (NRI)
    • Minors
  • Joint Depositors
  • Sole Proprietorship Firms
  • Private Limited Companies
  • Partnership Firm
  • Trusts
  • Associations
  • Clubs
  • Hindu Undivided Families (HUFs)

Documentation Required

Below is the list of documents required by the applicants in order to avail a fixed deposit from Bank of Maharashtra:

Documents required for Individuals, Joint Depositors, HUFs and Sole Proprietorship Firms

  • ID Proof
  • Bank Statement for at least last 6 months
  • Photographs

Documents required for Private Limited Companies

  • Certificate of Incorporation
  • Letter of Authority or the Board Resolution
  • Memorandum & Articles of Association
  • Certificate of Commencement of Business (Public Limited Company)
  • Form 32, where list of directors are not original subscribers to Memorandum & Articles of Association (for Private Limited Companies), duly acknowledged by ROC
  • Governing Act / Rules and Regulations ( for PSUs) (certified true copy)

Documents required for Partnership Firms

  • Partnership Deed
  • Letter from partners approving the person concerned to open and operate the account
  • Photographs of the person operating the account

Documents required for Trusts

  • Copy of the Trust Deed
  • Copy of the Registration Certificate
  • Copy of the resolution of trustee authorizing the member to operate and open the accounts
  • Photographs of the member operating the account

Documents required for Clubs/Associations

By-laws of the Association

  • Copy of the Resolution by the board authorizing the members concerned to open and operate the account
  • Photographs of the members operating the account

For additional information, visit Fixed Deposit Bengaluru.

Bank of Maharashtra Bank Fixed Deposit Bengaluru Branches

Branch NameAddressIFSC CodeMICRContact details
BasavangudiUttaradi Mutt Road, Basavangudi, Bangalore - 560004MAHB00001625600140031800-233-4526
City Market13, Paxal Tower, K R Road Fort, City Market, Bangalore- 560002MAHB000030456001400226700477 26700318 26700404
MalleswaramEast Park Road, 8th Cross, Malleswaram, Bangalore -560004.MAHB00003445600140071800-233-4526
Shivajinagar22, Lady Curzon Road, Shivajinagar, BangaloreMAHB00004025600140081800-233-4526
Brigade RoadM/S Kotah Shopping Complex, 190 Brigade Road, Bangalore - 560001MAHB0000403560014004080-25588592
GandhinagarKheny Building, I Cross, I Main, Gandhinagar, Bangalore - 560009MAHB00004285600140061800-233-4526
Chamraj Peth317 - 1, Pampa Mahakavi Road, Chamraj Peth, Bangalore- 560002MAHB00005385600140051800-233-4526
Rajeshwari Nagar100/D, 12th Cross, Ideal Home Society, Rajeshwari Nagar, BangaloreMAHB00009425600140091800-233-4526
MICO LayoutNo. 20, BHCS Layout, MICO Layout, Bannerghatta Road, Bangalore - 560007 6MAHB0001021560014010080-26688302
Service BranchIst Floor, Uttaradi Mutt Road, Basavangudi, Bangalore - 560004MAHB0001100560014001080 -26527153
Agri Hitech15 Police Station Road Basavangudi Bangalore 560004MAHB00011465600140111800-233-4526
S S I 430/41, 56th Cross, 12th Main, 3rd Block, Rajajinagar, Bangalore - 560010MAHB0001147560014012080 -23503579
J P NagarNo. 54, 15th Cross, 19th MAIN, 100 FT Ring Road, J P Nagar, Bangalore - 560078MAHB00011555600140131800-233-4526
Indira NagarNo.6, Ist Main, Domlur II Stage, Indiranagar, Bangalore - 560071MAHB00013375600140151800-233-4526
JayanagarOpp. NMKRV Womens College, 3rd Block, Jayanagar, Bangalore - 560011 .MAHB0001374560014016080-26642727

 

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%