Bank of Maharashtra Revises Savings Bank Deposit Interest Rates

18 October 2026 · Effective 1 September 2025

Bank of Maharashtra has revised its interest rates on savings bank deposits across different balance slabs. Under the updated structure, balances up to ₹1 crore will earn 2.50% per annum, while deposits above ₹1 crore and up to ₹100 crore will fetch 2.60% per annum. Amounts exceeding ₹100 crore will continue to earn an interest rate of 2.75% per annum.

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