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13th November 2015, 12:00 PM
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Join Date: May 2012
Re: Maharashtra State Cooperative Bank FD Rates

The Maharashtra State Cooperative Bank serves as a balancing center for the surplus resources of co-operatives in the state and thereby

Fixed Deposit Rates in Maharashtra State Cooperative Bank

Duration Rate Deposit Amount Rules Additional Interest for Seniors
7 days-14 days 5.50% Must be atmost Rs. 1 crore 0.50%
15 days-29 days 5.50% Must be atmost Rs. 1 crore 0.50%
30 days-60 days 6.50% Must be atmost Rs. 1 crore 0.50%
61 days-90 days 6.50% Must be atmost Rs. 1 crore 0.50%
91 days-180 days 7.25% Must be atmost Rs. 1 crore 0.50%
181 days-270 days 7.50% Must be atmost Rs. 1 crore 0.50%
271 days-1 year 7.50% Must be atmost Rs. 1 crore 0.50%
1 year-2 years 8.00% Must be atmost Rs. 1 crore 0.50%
2 years-3 years 7.00% Must be atmost Rs. 1 crore 0.50%
3 years-5 years 7.00% Must be atmost Rs. 1 crore 0.50%


Documents Required to Open a New Account

1 Passport size Photograph of each joint applicant

PAN Card

Cash / self-drawn Cheque for fixed deposit amount.

Nomination Form (if a nomination is to be made)

Form No. 15G or 15H if you are eligible for no Tax Deduction at Source (TDS)

Complete and submit Fixed Deposit Form along with other required documents


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