Bank of Maharashtra Fixed Deposit Pune

About Bank of Maharashtra Fixed Deposit Pune

Pune, also known as the ‘Oxford of the East’ is the centre of many well-known educational institutions of the country. Due to this influence, people of Pune have always been prudent in their approach and like to stay updated on the new financial products being introduced. Bank of Maharashtra Fixed Deposit has been a favourite of many in this city because of endless list of offers that it has on offer. The concept of keeping aside for the emergency situations has been the age old wisdom that has always been passed on through generations. This product has made a drastic impact by facilitating a healthy habit of saving for the future. Know more about this product by taking a look down below!

Bank of Maharashtra Fixed Deposit Pune 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 Pune?

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 Pune.

Bank of Maharashtra Bank Fixed Deposit Pune Branches

Branch NameAddressIFSC CodeMICR Contact Details
Bajirao RoadJanmangal, 1177, Budhwar Peth Pune 411002MAHB0000001411014010020-24475520
Deccan Gymkhana, Pune1257, Deccan Gymkhana, Pawar Bldg, Pune 411004MAHB0000003411014014020-25531290/ 25532930
Khadki, PuneDeepashri, 157 Old Bazar, Khadki, Pune 411003MAHB0000007411014024020-25816029
Bhavani Peth, PuneSaikripa 122 Gul Ali Sanas Building Bhawani Peth Pune 411042MAHB0000028411014002020-26354588
Somwar Peth, Pune444, Somwar Peth, Agarkar High School Premises.MAHB00000404110140511800-102-2636
Tilak Road, PuneS P College Ground, Tilak Road, Pune 411030MAHB0000041411014055020-24336590/ 24336635
Shivajinagar, PunePashankar Building, Shivaji nagar, Pune - 411005MAHB0000041411014055020-24336590/ 24336635
Pune University132/B Plot No2, University Road, Pune 411007MAHB00000494110140571800-233-4526

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%