FD Interest Rates 2020638 views
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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
| Particulars | Details |
|---|---|
| Interest Rate | 2.75% - 6.50% |
| Minimum Deposit Amount | ₹ 1,000 and in multiples of ₹ 100, thereafter |
| Tenure | 1 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 Name | Address | IFSC Code | MICR | Contact Details |
|---|---|---|---|---|
| Patna | Rajgarhia Center, Exhibition Road, Patna-800001 | MAHB0000701 | 800014001 | 1800-233-4526 |
| Rajabazar Patna | Kalyan Bhawan, First Floor, Khajpura, Bailey Road, Patna - 800014 | MAHB0001269 | 800014004 | 1800-233-4526 |
| Boring Road | Savitri Complex, 1st Floor, Boring Road, Patna - 800001 | MAHB0001270 | 800014003 | 1800-233-4526 |
