Bank of Maharashtra Fixed Deposit Chennai

About Bank of Maharashtra Fixed Deposit Chennai

Chennai, the capital state of Tamil Nadu, is one of the biggest educational, economical and cultural centres in southern India. Ranked as one of the top 10 cities that must be visited in the country, Chennai has seen much economical and infrastructural development over the years. Bank of Maharashtra has also played a pivotal role in making this city what it is today. Bank of Maharashtra Fixed deposits has been received by the people of Chennai with a lot of warmth and appreciation. Read on to know more about this product and let your savings grow to make your future financially sound and safe!

Bank of Maharashtra Fixed Deposit Chennai at a Glance

ParticularsDetails
Interest Rate3.50% - 6.60%
Minimum Deposit Amount₹ 1,000 and in multiples of ₹ 100, thereafter
Tenure1 year to 10 years

Eligibility Criteria

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)

Documents Needed

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 Chennai.

Bank of Maharashtra Bank Fixed Deposit Chennai Branches

Branch NameAddressIFSC CodeMICRContact details
BroadwayShree Gujarati Mandal Bldg 116, Broadway Chennai- 600108MAHB000030060001400225383460 25383571 25387348
Mount Road603, Anna Salai, Chennai - 600006MAHB0000400 6000140031800-233-4526
T.Nagar4, Sivagnanam Road, T.Nagar, Chennai- 600017MAHB00004506000140041800-233-4526
Besant NagarE 139/A, 31st Cross, Besant Nagar, Chennai- 600017MAHB0000571 6000140051800-233-4526
Ashok Nagar33, 1st Avenue, Ashok Nagar, Chennai- 600017MAHB00006766000140061800-233-4526
Shenoy Nagar17/1, Pulla Avenue, Shenoy Nagar, Chennai - 600030MAHB00011676000140071800-233-4526
Mylapore16, East Mada Street, Mylapore, Chennai - 600004MAHB00012046000140101800-233-4526
Neelankarai349, East Coast Road, Chennai - 600041MAHB00012056000140081800-233-4526
Valmiki NagarSri Sai Subhodaya, 57/23, Muttukadu Road, Valmiki Nagar, Chennai - 600017MAHB00012066000140091800-233-4526
Service Branch116, Sri Gujarathi Mandal, Broadway, Chennai - 600108MAHB00012186000140011800-233-4526
TambaramNo.28, Old No.78, Anna Street, Chitlapakkam, Tambaram Taluka, Tambaram Revenue Firka, Chennai - 600064MAHB0001418600014011044 - 22230121
Ambattur8/9 Bharathi Street, Mogappair West, Chennai - 600037MAHB0001535600014012044-26534540

 

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