Gramin
NA
DICGC
5%
Interest for 3 years
Note: All interest rates shown below are as on 2nd May 2022
Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
---|---|---|
7 days - 1 month 14 days | 3.2% | 3.2% |
1 month 15 days - 5 months 26 days | 4.2% | 4.2% |
5 months 27 days - 11 months 29 days | 4.7% | 5.2% |
1 year - 9 years 11 months 27 days | 5% | 5.5% |
Madhya Pradesh Grameen Bank, a Regional Rural Bank, constituted on 1St April, 2019 after amalgamation of two Regional Rural Banks (RRBs) namely Narmada Jhaubua Grameen Bank and Central Madhya Pradesh Gramin Bank. Erstwhile Narmada Jhabua Gramin Bank was sponsored by Bank of India while Central Madhya Pradesh Gramin Bank was sponsored by Central Bank of India. The amalgamated entity Madhya Pradesh Gramin Bank functions under Regional Rural Banks Act 1976 having its Head Office at Indore (M.P.) under the sponsorship of Bank of India.
3.2% - 5%
FD Rate
3.2% - 5.5%
FD Rate for Seniors
-
Minimum Deposit
₹ 2 Crores
Maximum Deposit
days
-
FD Tenure
-
NA
Flexible tenure & partial withdrawal facility, without the hassle of opening a savings account.
Investment Amount | For 3 years with interest of 5% | For 5 years with interest of 5% |
---|---|---|
₹ 50,000 | ₹58074 | ₹64168 |
₹ 1 lakh | ₹116147 | ₹128336 |
₹ 2 lakh | ₹232294 | ₹256672 |
₹ 5 lakh | ₹580736 | ₹641679 |
₹ 10 lakh | ₹1161472 | ₹1283359 |
Use FD calculator to change values and compare your returns from top banks.
Maturity Amount | ₹105116 | ₹ 105326 |
Total Investment Amount | ₹ 100000 | ₹ 100000 |
Total Interest Gained | ₹5116 ₹5116 | ₹ 5326 |
Income Tax on Wealth Gained | ₹ 12898 | ₹ 13092 |
Bank Name | FD Interest Rates |
---|---|
5.2% - 5.7% | |
5.1% - 5.6% | |
5.35% - 5.85% | |
5.65% - 6.15% | |
5.2% - 5.95% | |
5.3% - 5.8% | |
5.4% - 6.05% | |
5% - 5% | |
5.3% - 5.8% | |
5.25% - 5.75% |
₹ 100000
Total Investment
₹5116
Wealth Gained
₹5116
Wealth Gained
₹105116
Maturity Amount
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