• Fixed Deposit
  • Jammu And Kashmir Grameen Bank
  • Jammu and Kashmir Grameen Bank Fixed Deposit
Jammu and Kashmir Grameen Bank Fixed Deposit

Jammu and Kashmir Grameen Bank Fixed Deposit

GraminNA 
Shield CheckDICGC

6.5%

Interest for 3 years

Jammu And Kashmir Grameen Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month3%3.5%
1 month 1 day - 1 month 15 days3.5%4%
1 month 16 days - 2 months 29 days4.6%5.1%
3 months - 5 months 27 days4.8%5.3%
5 months 28 days - 8 months 26 days5.8%6.3%
8 months 27 days - 11 months 30 days6%6.5%
1 year - 1 year 1 month 4 days7.1%7.6%
1 year 1 month 5 days - 1 year 1 month 5 days7.4%7.9%
1 year 1 month 6 days - 1 year 11 months 30 days7.1%7.6%
2 years - 2 years 11 months 30 days7%7.5%
3 years - 9 years 11 months 29 days6.5%7%

Note: All interest rates shown above are as on 4th Apr 2024

About Jammu And Kashmir Grameen Bank FD

J&K Grameen Bank (JKGB), established on 30th June 2009 under sub-section (1) of Section 23-A of the RRB Act, 1976 (21 of 1976) and functioning in 11 Districts in the Union Territory (UT) of Jammu & Kashmir and 2 Districts in UT of Ladakh.The network of the Bank consists of Six Regional Offices and 217 branches i.e. 215 branches in the UT of Jammu & Kashmir and 2 branches in the UT of Ladakh, which are engaged in providing all kind of financial services in both the Union Territories.

Jammu And Kashmir Grameen Bank FD

3% - 7.4%

FD Rate

3.5% - 7.9%

FD Rate for Seniors

-

Minimum Deposit

₹ 5 Crores

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Jammu And Kashmir Grameen Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 6.5%For 5 years with interest of 6.5%
₹ 50,000 ₹ 60,734₹ 69,141
₹ 1 lakh ₹ 1,21,467₹ 1,38,282
₹ 2 lakh ₹ 2,42,934₹ 2,76,563
₹ 5 lakh ₹ 6,07,336₹ 6,91,409
₹ 10 lakh ₹ 12,14,672₹ 13,82,817

Compare Jammu And Kashmir Grameen Bank Fixed Deposit Returns with Top Banks

Use FD calculator to change values and compare your returns from top banks.

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UCO Bank FD
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Jammu And Kashmir Grameen Bank FD
Jammu And Kashmir Grameen Bank FD
Maturity Amount 1,07,336 1,06,485
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained7,336 6,485

Compare Jammu And Kashmir Grameen Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
UCO Bank FD
6.3% - 6.8%
Suryoday Small Finance Bank FD
8.6% - 9.1%
Indian Bank FD
6.25% - 6.75%
Chaitanya Godavari Grameena Bank FD
7.25% - 7.75%
Sundaram Finance FD
7.75% - 8.25%
IDFC First Bank FD
7.25% - 7.75%
Utkal Grameen Bank FD
6.5% - 7%
South Indian Bank FD
6.7% - 7.2%
CSB Bank FD
5.8% - 6.3%
Karnataka Bank FD
6.5% - 6.9%

Calculate Jammu And Kashmir Grameen Bank FD Returns

1,00,000

Total Investment

7,336

Wealth Gained

1,07,336

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.

Frequently Asked Questions

What is the highest Jammu And Kashmir Grameen Bank FD rate today?

The highest Jammu And Kashmir Grameen Bank FD rates for general citizens is 7.4% p.a. and 7.9% p.a. for senior citizens.

What is the highest interest rate on Jammu And Kashmir Grameen Bank 1 year FD scheme?

The highest interest rate on Jammu And Kashmir Grameen Bank 1 year FD scheme is 7.1% p.a.

What is Jammu And Kashmir Grameen Bank FD scheme interest rate for 5 years?

6.5% p.a is the interest rate for 5 years on Jammu And Kashmir Grameen Bank FD scheme.

How many years FD will double in Jammu And Kashmir Grameen Bank?

To know in how many years Jammu And Kashmir Grameen Bank Bank FD will double, we can follow the 72 rule. We have to divide 72 by the interest rate, and the result will be the number of years Jammu And Kashmir Grameen Bank Bank FD will double. The current highest Jammu And Kashmir Grameen Bank FD interest rate is 7.4% so investors will double the investment in 9.73 years. Similarly, senior citizen depositors will double their FD investment in 9.11 years, where the highest FD rate for senior citizens is 7.9%.

What is Jammu And Kashmir Grameen Bank FD minimum deposit amount?

The minimum investment in Jammu And Kashmir Grameen Bank FD is INR 0. However, there is no limit on the maximum amount of investment in Jammu And Kashmir Grameen Bank FD.

What is senior citizen fixed deposit interest rates in Jammu And Kashmir Grameen Bank?

The senior citizen fixed deposit interest rates in Jammu And Kashmir Grameen Bank range between 3.5% to 7.9% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Jammu And Kashmir Grameen Bank?

Jammu And Kashmir Grameen Bank FD tenure ranges from 7 days to 9 years 11 months 29 days

What is Jammu And Kashmir Grameen Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Jammu And Kashmir Grameen Bank FD calculator for 10 lakh deposit for 1 year will be INR 73,357. The maturity value will be INR 10,73,357. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

How to check the fixed deposit balance in Jammu And Kashmir Grameen Bank?

You can check Jammu And Kashmir Grameen Bank FD balance either online or offline mode. For online mode, log in to the Jammu And Kashmir Grameen Bank internet banking portal. Alternatively, you can visit the nearest Jammu And Kashmir Grameen Bank bank to update your passbook for FD balance enquiry.

How many FDs can be opened in Jammu And Kashmir Grameen Bank?

There is no restriction on the number of FDs you can open with Jammu And Kashmir Grameen Bank.