Enjoy a secured future with Bank of Maharashtra Fixed Deposit Indore - Wishfin

Bank of Maharashtra Fixed Deposit Indore

About Bank of Maharashtra Fixed Deposit Indore

Indore is known to be one of the cleanest cities in the country. Not only the people of this city have maintained their surroundings but have also takes care of their personal development. The reason behind Bank of Maharashtra Fixed Deposits being a hot favourite amongst the people of Indore is their acceptance and knowledge about the developments in the financial sector. This product allows you to be financially secured in the near future and takes care of your apprehensions regarding any financial crunch that you might suspect. Keeping aside a little and saving for the rainy days is a habit that must be inculcated in every individual. Keep scrolling to know more about this product and gauge its aptness for yourself!

Bank of Maharashtra Fixed Deposit Indore at a Glance

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

Who all can apply for Bank of Maharashtra Fixed Deposit Indore?

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 Indore.

Bank of Maharashtra Bank Fixed Deposit Indore Branches

Branch NameAddressIFSC CodeMICR Customer Care
M G Road IndoreFadnis Complex, 88 - M. G. Road, Indore 452007MAHB00001064520140020731 254 3483
Godha Colony Indore18, Palsikar Colony, Palsikar Main Road Crossing, Indore 452004MAHB00004364520140030731 236 5050
Lokmanya Nagar Indore7, Kesarbagh Road, Lokmanya nagar, Indore 452009MAHB00007684520140040731 259 0600
Annapurna Indore56, Sudama nagar, Annapurna Road, Indore 452009MAHB00011864520140050731 248 0456
Palasia IndoreKanchan - Sagar 18, Old Palasia, A. B. Road, Indore 452001MAHB00011904520140061800 233 4526
Vijaya nagar Indore51, Scheme No. 54, Vijay Nagar, Agra Mumbai Road, Indore 452008MAHB00012244520140071800 102 2636
Kanadia Road Indore1 - 2, Shiv shakti nagar, Kanadia Road, IndoreMAHB00013964520140080731-2590600
DudhiyaH No. 377, Indore Nemawar Main Road, Dudhiya, Dist. Indore 452016MAHB00016174520140120731-2863444
South Tukoganj IndoreUp Grd Floor - 8-11 Indraprasth Tower, Hukumchand Ghantaghar, 6, M G Road, Indore 452 001MAHB00017654520140130731-2510900
New LohamandiA-107, Scheme No-78, Part - 1, Indore-452010MAHB0001930NON-MICR8719899458


Personal Loan Interest Rates February 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 February 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%