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Interest Rates

SAVINGS BANK DEPOSITS

Interest Rates on Savings Bank Deposits With effect from 01st September 2025 :

Interest Rates on Savings Bank Deposits With effect from 01st September 2025
AmountExisting Rates w.e.f. 08.06.2020 (p.a.)Revised Rates w.e.f. 01.09.2025 (p.a.)
Upto ₹ 1 Crore2.75%2.50%
Above ₹ 1 Crore to ₹ 100 Crore2.75%2.60%
Above ₹ 100 Crore2.75%2.75%

New Savings Product (w.e.f. 26.03.2026)

A MIBOR-linked Savings Product is available on-demand to the Customers. For more information, please contact your nearest Branch.

Interest Rate = MIBOR (Overnight) + Spread* (bps)

* Currently the spread is 101 bps (1.01%) and subject to change from time to time.

Bank of Maharashtra, India's leading Public Sector Bank offers Deposits,Loans,Digital products for personal Banking, Corporates,MSMEs & NRI Customers

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