a) For domestic deposits  Less than Rs. 1 cr (last revised on Jan 18, 2016)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.)



7 days to 14 days 
Less than Rs. 1 cr 

Calculate 
15 days to 30 days 
Less than Rs. 1 cr 

Calculate 
31 days to 45 days 
Less than Rs. 1 cr 

Calculate 
46 days to 90 days 
Less than Rs. 1 cr 

Calculate 
91 days to 119 days 
Less than Rs. 1 cr 

Calculate 
120 days to 180 days 
Less than Rs. 1 cr 

Calculate 
181 days to 270 days 
Less than Rs. 1 cr 

Calculate 
270 days to 364 days 
Less than Rs. 1 cr 

Calculate 
365 days 
Less than Rs. 1 cr 

Calculate 
Above 1 years to 443 days 
Less than Rs. 1 cr 

Calculate 
Mahanidhi (444 Days) 
Less than Rs. 1 cr 

Calculate 
445 Days to 665 days 
Less than Rs. 1 cr 

Calculate 
Maha Labh (666 Days) 
Less than Rs. 1 cr 

Calculate 
667 Days to less than 2 Years 
Less than Rs. 1 cr 

Calculate 
2 years to less than 3 years 
Less than Rs. 1 cr 

Calculate 
3 years Mahalaximi 
Less than Rs. 1 cr 

Calculate 
Above 3 years to 5 years 
Less than Rs. 1 cr 

Calculate 
Above 5 years to 10 years 
Less than Rs. 1 cr 

Calculate 
b) For domestic deposits  Rs. 1 cr to 5 cr (last revised on Jan 18, 2016)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.)



7 days to 14 days 
Rs. 1 cr to 5 cr 

Calculate 
15 days to 30 days 
Rs. 1 cr to 5 cr 

Calculate 
31 days to 45 days 
Rs. 1 cr to 5 cr 

Calculate 
46 days to 90 days 
Rs. 1 cr to 5 cr 

Calculate 
91 days to 119 days 
Rs. 1 cr to 5 cr 

Calculate 
120 days to 180 days 
Rs. 1 cr to 5 cr 

Calculate 
181 days to 270 days 
Rs. 1 cr to 5 cr 

Calculate 
270 days to 364 days 
Rs. 1 cr to 5 cr 

Calculate 
365 days 
Rs. 1 cr to 5 cr 

Calculate 
Above 1 years to 443 days 
Rs. 1 cr to 5 cr 

Calculate 
Mahanidhi (444 Days) 
Rs. 1 cr to 5 cr 

Calculate 
445 Days to 665 days 
Rs. 1 cr to 5 cr 

Calculate 
Maha Labh (666 Days) 
Rs. 1 cr to 5 cr 

Calculate 
667 Days to less than 2 Years 
Rs. 1 cr to 5 cr 

Calculate 
2 years to less than 3 years 
Rs. 1 cr to 5 cr 

Calculate 
3 years Mahalaximi 
Rs. 1 cr to 5 cr 

Calculate 
Above 3 years to 5 years 
Rs. 1 cr to 5 cr 

Calculate 
Above 5 years to 10 years 
Rs. 1 cr to 5 cr 

Calculate 
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.)



Mahabank Tax Saving Scheme  5 Years 
Upto Rs. 1 lakh 

Calculate 
Tax Implications:
 The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
 Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000
a) For NRO Fixed Deposit  Less than Rs. 1 cr (last revised on Jan 18, 2016)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


7 days to 14 days 
Less than Rs. 1 cr 
4.50 
Calculate 
15 days to 30 days 
Less than Rs. 1 cr 
5.00 
Calculate 
31 days to 45 days 
Less than Rs. 1 cr 
5.50 
Calculate 
46 days to 90 days 
Less than Rs. 1 cr 
6.00 
Calculate 
91 days to 119 days 
Less than Rs. 1 cr 
6.60 
Calculate 
120 days to 180 days 
Less than Rs. 1 cr 
6.60 
Calculate 
181 days to 270 days 
Less than Rs. 1 cr 
7.00 
Calculate 
270 days to 364 days 
Less than Rs. 1 cr 
7.25 
Calculate 
365 days 
Less than Rs. 1 cr 
7.60 
Calculate 
Above 1 years to 443 days 
Less than Rs. 1 cr 
7.60 
Calculate 
Mahanidhi (444 Days) 
Less than Rs. 1 cr 
7.61 
Calculate 
445 Days to 665 days 
Less than Rs. 1 cr 
7.60 
Calculate 
Maha Labh (666 Days) 
Less than Rs. 1 cr 
7.62 
Calculate 
667 Days to less than 2 Years 
Less than Rs. 1 cr 
7.60 
Calculate 
2 years to less than 3 years 
Less than Rs. 1 cr 
7.50 
Calculate 
3 years Mahalaximi 
Less than Rs. 1 cr 
7.30 
Calculate 
Above 3 years to 5 years 
Less than Rs. 1 cr 
7.30 
Calculate 
Above 5 years to 10 years 
Less than Rs. 1 cr 
7.25 
Calculate 
b) For NRO Fixed Deposit  Rs. 1 cr to 5 cr (last revised on Jan 18, 2016)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


7 days to 14 days 
Rs. 1 cr to 5 cr 
5.00 
Calculate 
15 days to 30 days 
Rs. 1 cr to 5 cr 
6.00 
Calculate 
31 days to 45 days 
Rs. 1 cr to 5 cr 
5.50 
Calculate 
46 days to 90 days 
Rs. 1 cr to 5 cr 
6.00 
Calculate 
91 days to 119 days 
Rs. 1 cr to 5 cr 
6.50 
Calculate 
120 days to 180 days 
Rs. 1 cr to 5 cr 
6.50 
Calculate 
181 days to 270 days 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
270 days to 364 days 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
365 days 
Rs. 1 cr to 5 cr 
7.00 
Calculate 
Above 1 years to 443 days 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Mahanidhi (444 Days) 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
445 Days to 665 days 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Maha Labh (666 Days) 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
667 Days to less than 2 Years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
2 years to less than 3 years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
3 years Mahalaximi 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Above 3 years to 5 years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Above 5 years to 10 years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
a) For NRE Fixed Deposit  Less than Rs. 1 cr (last revised on Jan 18, 2016)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


365 days 
Less than Rs. 1 cr 
7.60 
Calculate 
Above 1 years to 443 days 
Less than Rs. 1 cr 
7.60 
Calculate 
Mahanidhi (444 Days) 
Less than Rs. 1 cr 
7.61 
Calculate 
445 Days to 665 days 
Less than Rs. 1 cr 
7.60 
Calculate 
Maha Labh (666 Days) 
Less than Rs. 1 cr 
7.62 
Calculate 
667 Days to less than 2 Years 
Less than Rs. 1 cr 
7.60 
Calculate 
2 years to less than 3 years 
Less than Rs. 1 cr 
7.50 
Calculate 
3 years Mahalaximi 
Less than Rs. 1 cr 
7.30 
Calculate 
Above 3 years to 5 years 
Less than Rs. 1 cr 
7.30 
Calculate 
Above 5 years to 10 years 
Less than Rs. 1 cr 
7.25 
Calculate 
b) For NRE Fixed Deposit  Rs. 1 cr to 5 cr (last revised on Jan 18, 2016)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


365 days 
Rs. 1 cr to 5 cr 
7.00 
Calculate 
Above 1 years to 443 days 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Mahanidhi (444 Days) 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
445 Days to 665 days 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Maha Labh (666 Days) 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
667 Days to less than 2 Years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
2 years to less than 3 years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
3 years Mahalaximi 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Above 3 years to 5 years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 
Above 5 years to 10 years 
Rs. 1 cr to 5 cr 
6.75 
Calculate 