Fixed & recurring deposits

Bank of Maharashtra Mahasanchay Deposit Plan (MSDP)

Flexible recurring deposit with a fixed core instalment and variable flexi instalments, 12-to-60-month terms and loan facility up to 90% of balance including accrued interest.

General rateSame as the applicable retail term-deposit rate for the selected tenure.Senior-citizen rateSenior citizens and staff receive the same additional interest treatment applicable to retail term deposits.Tenure12 months minimum, in multiples of three months, up to 60 months maximum.

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✓ Manually checked 1 Sept 2026 · active

Offered byBank of Maharashtra

India; branch, mobile and internet-banking routes subject to

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Tenure12 months minimum, in multiples of three months, up to 60 months maximum.View source

The page publishes 12-month minimum, three-month multiples and 60-month maximum.

Source: Mahasanchay Deposit Plan
Page / section: Period of Deposits
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

General rateSame as the applicable retail term-deposit rate for the selected tenure.View source

The official page expressly links MSDP interest to retail term-deposit rates.

Source: Mahasanchay Deposit Plan
Page / section: Interest
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Senior-citizen rateSenior citizens and staff receive the same additional interest treatment applicable to retail term deposits.View source

The page says the senior-citizen/staff addition is the same as applicable to retail term deposits.

Source: Mahasanchay Deposit Plan
Page / section: Additional Interest to Senior Citizens/Members of staff
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Core and flexi instalmentsCore monthly instalment ₹100 minimum in ₹100 multiples up to ₹10,000. Flexi instalments may be up to 10 times the core amount in ₹100 multiples, with total monthly instalment capped at ₹50,000.View source

The page publishes all core and flexi limits and multiples.

Source: Mahasanchay Deposit Plan
Page / section: Core and Flexi / Variable Monthly Instalment
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Premature closurePremature closure is allowed as per the bank's term-deposit rules; the plan also allows transfer from one Bank of Maharashtra branch to another.View source

The official facilities list states premature closure under term-deposit rules and branch transfer.

Source: Mahasanchay Deposit Plan
Page / section: Facilities Available
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Payout / loanRD-style maturity repayment; loan up to 90% of balance including accrued interest, with nomination available.View source

The page publishes the 90% loan facility, accrued-interest inclusion and nomination facility.

Source: Mahasanchay Deposit Plan
Page / section: Facilities Available
Accessed: 1 Sept 2026
Confidence: high

Open official source ↗

Benefits and features

Core instalment ₹100 minimum in ₹100 multiples up to ₹10,000
Flexi instalments up to 10 times core, capped at ₹50,000 per month
12-to-60-month tenure in three-month multiples
Loan up to 90% of balance including accrued interest
Nomination, premature closure under term-deposit rules and branch transfer

Eligibility

Individuals singly or jointly, firms, clubs, associations and corporate bodies complying with norms may open the plan.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

MSDP form and
Constitution/authorisation documents for entities
Standing-instruction mandate where used

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Deposit maturity estimate

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Money deposited onceThe amount you plan to place in the deposit today.₹one lakh rupees₹1,000₹1,00,00,000Yearly interest rateThe percentage the deposit earns in one year.%0.5%15%How long you keep itThe period before the deposit reaches maturity. months3 months120 months

Money at maturity₹1,38,042one lakh thirty-eight thousand forty-two rupees

Money you put in₹1,00,000one lakh rupees

Interest earned₹38,042thirty-eight thousand forty-two rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableProduct / tierChoose column

Ordinary Current Account · Balance rule ₹10,000 metro/urban; ₹5,000 semi-urban; ₹2,500 rural

This value is copied from Bank of Maharashtra current-account tiers and published limits. Check the table notes before relying on it.

Source: Bronze / Silver / Gold / Platinum / Diamond Current Account · Complete scheme table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 6 rows · 4 columnsBank of Maharashtra current-account tiers and published limitsView tableHide table

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Bank of Maharashtra current-account tiers and published limits
Product / tier	Balance rule	Free cash deposit / withdrawal	Other published facilities
Ordinary Current Account	₹10,000 metro/urban; ₹5,000 semi-urban; ₹2,500 rural	Home-branch cash withdrawal free; service charges for shortfall	Nomination; RuPay debit card; digital and telebanking
Bronze Premium	₹1,00,000–₹5,00,000	₹1,50,000 cash deposit/day free	₹5,000 opening deposit; 500 cheque leaves/year
Silver Premium	₹5,00,000–₹10,00,000	₹3,00,000 cash deposit/day free	/ and digital facilities free
Gold Premium	₹10,00,000–₹15,00,000	₹7,00,000 cash deposit/day free	Locker, debit card and statements free
Platinum Premium	₹15,00,000–₹25,00,000	₹10,00,000 cash deposit/day free	One locker free subject to availability
Diamond Premium	₹25,00,000 and above	No daily cash-deposit limit	All listed digital, payment and locker concessions

Bronze / Silver / Gold / Platinum / Diamond Current Account · Complete scheme table · accessed 1 Sept 2026Open official source ↗

Table 2 · 5 rows · 4 columnsBank of Maharashtra recurring-deposit termsView tableHide table

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Bank of Maharashtra recurring-deposit terms
Scheme	Minimum / maximum	Term	Interest / facility
Recurring Deposit	₹50/month; no ceiling	6–120 months	Cumulative; loan facility
Mahasanchay Deposit Plan	Core ₹100–₹10,000; flexi up to ₹50,000/month	12–60 months in 3-month multiples	Retail term-deposit rate; loan up to 90% of balance
Maha Saraswati Scheme	₹100/month on current page	36–120 months	Retail term-deposit rate; education-loan concession
Deposit-policy reference: MLRD	Suitable for maturity value of at least ₹1 lakh; no ceiling	12–120 months	Cumulative; loan facility; current availability not separately listed on live catalogue
Deposit-policy reference: MMRD	Suitable for maturity value of at least ₹10 lakh; no ceiling	12–120 months	Cumulative; loan facility; current availability not separately listed on live catalogue

Deposit Policy — Annexure A · Pages 23–24, rows 1–4 and 13–16 · accessed 1 Sept 2026Open official source ↗

Table 3 · 7 rows · 4 columnsBank-distributed Government savings and insurance schemesView tableHide table

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Bank-distributed Government savings and insurance schemes
Product	Minimum / cover	Term / age	Rate / payout / key condition
	₹500–₹1,50,000 per financial year	15 years; five-year extensions	Government-notified rate; annual credit on 31 March
	₹1,000–₹30,00,000	Five years; three-year extension	Government-notified quarterly rate; quarterly payout; 60+ or qualifying retiree
Sukanya Samriddhi	₹250 initial; ₹1,50,000 yearly maximum	Deposits 15 years; maturity 21 years; girl below 10 at opening	Government-notified rate; education/marriage withdrawal rule
Floating Rate Savings Bonds	₹1,000 multiples; no maximum	Seven years	Semi-annual reset and payout; taxable; specified senior-citizen premature redemption
Sovereign Gold Bonds	Minimum 1 gram; annual ceiling by investor type	Eight years; exit after fifth year	2.50% p.a. semi-annually; gold-price-linked redemption
	₹2,00,000 life cover; ₹436/year	Age 18–50; 1 June–31 May	30-day lien for non-accidental death; annual auto-debit
	₹2,00,000 death/total disability; ₹1,00,000 specified partial disability; ₹20/year	Age 18–70; 1 June–31 May	Accident cover; annual auto-debit

Government Schemes catalogue and linked product pages · Complete current scheme catalogue and linked terms · accessed 1 Sept 2026Open official source ↗

Bank of Maharashtra Mahasanchay Deposit Plan (MSDP)

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Deposit maturity estimate

Find the exact published value

Complete rates, limits and schedules

Related products

Bank of Maharashtra Capital Gain Account Scheme

Bank of Maharashtra Fixed Deposit

Bank of Maharashtra Floating Rate Savings Bonds 2020 (Taxable)

Maha Saraswati Scheme