Bharatiya Mahila Bank Fixed Deposit

About Bharatiya Mahila Bank Fixed Deposit

Bhartiya Mahila Bank Ltd, incorporated under Companies Act 1956 on August 5, 2013, is established with a view to economically empower the women as well as weaker sections of India. The bank, which received the banking license from the Reserve Bank of India (RBI) on Sep 25, 2013, has made for itself by opening more than 100 branches across the country in such a short span of time. Here, you can find a rich suite of products designed for women in all section of the society like women entrepreneurs, salaried women, corporates, HNIs, Self Help Groups, etc.

The bank offers three types of fixed deposits- BMB Simple FD, BMB Tax Benefit and BMB Cumulative FD. The interest rates in these schemes range from 5%-7% in a period of 7 days-10 years. Check out below the interest rate for all the deposit amount and periods.

 Fixed Deposit Interest Rates

TenureInterest Rate on Deposits Below Rs. 1 CrInterest Rate on Deposits of Rs. 1 Cr and More
7-14 Days5.00%5.00%
15-29 Days5.00%5.00%
30-45 Days5.00%5.00%
46-60 Days5.00%5.00%
61-90 Days5.00%5.00%
91-179 Days6.50%6.50%
180-270 Days7.00%6.50%
271-Below 1year7.00%6.50%
1 Year7.25%7.00%
Above 1 Year-Below 3 Years7.25%N.A.
3 Years to Below 5 Years7.00%N.A.
5 Years-10 Years7.00%N.A.

Note-Senior citizens can avail an additional interest rate of 0.50% for deposits below Rs. 1 crore, irrespective of the maturity period.

Bharatiya Mahila Bank Fixed Deposit Schemes

SIMPLE FD

  • Minimum deposit amountRs. 5,000, for rural branches- Rs. 1,000
  • Maximum Amount-No cap
  • Minimum deposit period-7 days
  • Maximum deposit period-10 years

BMB CUMULATIVE FD

  • Minimum deposit amountRs. 5,000, for rural branches- Rs. 1,000
  • Maximum deposit amount-No cap
  • Minimum deposit period-7 days
  • Maximum deposit period-10 years

BMB TAX BENEFIT

  • Minimum deposit amountRs. 100 and in multiples of Rs. 100
  • Maximum deposit amount-Rs. 1,50,000 in a financial year
  • Minimum deposit period-5 years
  • Maximum deposit period-10 years
  • Gains tax exemption under Section 80C of the Income Tax Act
  • Premature withdrawal not allowed before 5 years

 Fixed Deposit Application Form of Bharatiya Mahila Bank

Opening a fixed deposit account at Bharatiya Mahila Bank requires you to fill in the application form, which you can get online as well as offline. The form is available at the bank’s website in the section titled ‘Forms Center’ or at the nearest branch. Submit the form along with relevant documents and a cheque bearing the deposit amount to the concerned bank official who will investigate the details thereafter. Upon successful verification, the bank will open a fixed deposit account.

Bharatiya Mahila Bank Branch Locator

LocationBranch AddressPhone Number
New DelhiBharatiya Mahila Bank, IFCI Tower,Ground Floor, 61, Nehru Place, New Delhi-110019011-26470728
Bharatiya Mahila Bank, D-2/8 Model Town -3 Delhi-11009011-27417050/42
Bharatiya Mahila Bank, Plot No -1 , Roshan Mandi , Main Najafgarh Road , Najafgarh, New Delhi-1100439812951114
MumbaiBharatiya Mahila Bank, Krishna Baugh, Shop no,-1, LBS Marg, Ghatkopar(w), Central Mumbai022-25155355
Bharatiya Mahila Bank, Ground Floor (Towards Trident Hotel), Air India premises, Air India Building, Nariman Point, Mumbai - 400 021022-22022603/04
BangaloreBharatiya Mahila Bank, IFCI Bhawan, 2, Cubbonpet Main Road, NR Square (Hudson Circle), Bengaluru - 560 011080-22221415/16
Chennai'Sri Ranga', New No: 55, Old No: 23, Rangarajapuram Main Road, Kodambakkam, Chennai - 600 024.044-24844041
KolkataBharatiya Mahila Bank, Apeejay House, 15, Park Street, Kolkata-700 016033-22650848/32/69
LucknowBharatiya Mahila Bank, UTI Tower, Ground Floor, Regency Plaza, 5 Park Road, Opp. Civil Hospital, Hazrat Ganj, Lucknow-226 0010522-4042038
KanpurBharatiya Mahila Bank, 7/90 A(3), Tilak Nagar, Near Rajeev Petrol Pump, Kanpur, U.P.- 2080020512-2540533/2540594
NoidaBharatiya Mahila Bank, K.K. house, B-1A/10, Sector 51, Noida, U.P - 2013010120-2483145
JaipurBharatiya Mahila Bank, K-14, International Business Centre, Ashok Marg, C-Scheme, Jaipur-3020010141-2373377/88
AlwarBharatiya Mahila Bank, Balaji tower,81 Subhash Nagar, N.E.B. Alwar-301001, Rajasthan0144-2738347/8
DholpurBharatiya Mahila Bank, Village – Masoodpur, Ondela Road, Khasra No. 67-69 , Distt.- Dholpur, Rajasthan, PIN - 3280019999637274
ChandigarhBharatiya Mahila Bank, SCO 3, Ground Floor, Sector-26, Chandigarh - 1600190172-2792226
JalandharBharatiya Mahila Bank, Plot No.272, Model Town, Jalandhar. Punjab- 1440010181-2975565
PatnaBharatiya Mahila Bank, Hotel Maurya. Frazer Road, Patna– 8000207705997100
GurugramBharatiya Mahila Bank, Sector 31,Huda Market,SCO-37, Gurgugram, Haryana0124-2383037

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