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Bank of Maharashtra Fixed Deposit Patna

Bank of Maharashtra Fixed Deposit Patna

Last Updated : June 14, 2017, 4:53 p.m.

About Bank of Maharashtra Fixed Deposit Patna

Patna is the largest city of Bihar. It also happens to be one of the oldest continuously inhabited places in the world. Being a major agricultural hub and trade centre, the city of Patna has seen much development over the years. Bank of Maharashtra Fixed Deposits is one of the financial products that is a favourite amongst the people of Patna. With many upcoming industries and infrastructural development making its way into the city, the need for making a saving for a secured future has never been more. Read on to gain an in-depth knowledge about this product!

Bank of Maharashtra Fixed Deposit Patna 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

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

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 Patna .

Bank of Maharashtra Bank Fixed Deposit Patna Branches

Branch NameAddressIFSC CodeMICRContact Details
PatnaRajgarhia Center, Exhibition Road, Patna-800001MAHB00007018000140011800-233-4526
Rajabazar PatnaKalyan Bhawan, First Floor, Khajpura, Bailey Road, Patna - 800014MAHB00012698000140041800-233-4526
Boring RoadSavitri Complex, 1st Floor, Boring Road, Patna - 800001MAHB00012708000140031800-233-4526

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