Bank of Maharashtra increased interest on FD by 1.25 percent, check latest rate

Bank of Maharashtra FD Rates: Bank of Maharashtra (BOM), included in the list of public sector banks of the country, has revised the interest rates on its FD. The bank has increased the interest on some of its FDs by 125 bps to 1.25 percent. The interest rate for customers on FD of 46-90 days has been increased to 1.25 percent.

Bank of Maharashtra FD Rates: Bank of Maharashtra (BOM), included in the list of public sector banks of the country, has revised the interest rates on its FD. The bank has increased the interest on some of its FDs by 125 bps to 1.25 percent. The interest rate for customers on FD of 46-90 days has been increased to 1.25 percent.

Interest rates on FD with one year period have been increased by 25 basis points to 6.25%. Senior citizens are getting interest up to 7.50% on special FD of 200 and 400 days. Senior citizens are getting extra interest of 0.50 percent on all FDs older than 91 days. These new rates have come into effect from October 12.

Interest rates on FD of Bank of Maharashtra

• 7 days to 30 days: For general public – 2.75 percent; For senior citizens – 2.75 percent
• 31 days to 45 days: For general public – 3 percent; For senior citizens – 3 percent
• 46 days to 90 days: For general public – 4.75 percent; For senior citizens – 4.75 percent
• 91 days to 119 days: For general public – 4.90 percent; For senior citizens – 5.40 percent
• 120 days to 180 days: For general public – 5.10 percent; For senior citizens – 5.60 percent
• 181 days to 270 days: For general public – 5.50 percent; For senior citizens – 6.00 percent
• 271 days to 364 days: For general public – 5.60 percent; For senior citizens – 6.10 percent
• 365 days or one year: For general public – 6.50 percent; For senior citizens – 7 percent
• 1 year to less than 2 years: For general public – 6.25 percent; For senior citizens – 6.75 percent
• 2 years to less than 3 years: For general public – 6.25 percent; For senior citizens – 6.75 percent
• 3 years to less than 5 years: For general public – 6.00 percent; For senior citizens – 6.50 percent
• From 5 years to 10 years: For general public – 6.00 percent; For senior citizens – 6.50 percent
• Senior citizens are getting interest up to 7.50% on special FD of 200 and 400 days. Ordinary citizens are getting 7 percent interest on these FDs.

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