• Fixed Deposit
  • Madhya Pradesh Gramin Bank
  • Madhya Pradesh Gramin Bank Fixed Deposit
Madhya Pradesh Gramin Bank Fixed Deposit

Madhya Pradesh Gramin Bank Fixed Deposit

GraminNA 
DICGC

5.4%

Interest for 3 years

Madhya Pradesh Gramin Bank FD Interest Rates January 2023

Historical FD Rates →
TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 14 days2.85%2.85%
1 month 15 days - 5 months 28 days3.85%3.85%
5 months 29 days - 11 months 30 days4.35%4.85%
1 year - 1 year 6 months 7 days5.75%6.25%
1 year 6 months 8 days - 1 year 6 months 8 days6.3%6.8%
1 year 6 months 9 days - 2 years 1 month 14 days5.75%6.25%
2 years 1 month 15 days - 2 years 1 month 15 days7.25%7.75%
2 years 1 month 16 days - 2 years 11 months 29 days5.75%6.25%
2 years 11 months 30 days - 9 years 11 months 28 days5.4%5.9%

Note: All interest rates shown below are as on 9th Jan 2023

About Madhya Pradesh Gramin Bank FD

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.

Madhya Pradesh Gramin Bank FD

2.85% - 7.25%

FD Rate

2.85% - 7.75%

FD Rate for Seniors

-

Minimum Deposit

₹ 2 Crores

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Madhya Pradesh Gramin Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 5.4%For 5 years with interest of 5.4%
₹ 50,000 ₹ 58,772₹ 65,459
₹ 1 lakh ₹ 117,543₹ 130,917
₹ 2 lakh ₹ 235,087₹ 261,834
₹ 5 lakh ₹ 587,716₹ 654,586
₹ 10 lakh ₹ 1,175,433₹ 1,309,171

Compare Madhya Pradesh Gramin Bank Fixed Deposit Returns with Top Banks

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

vs
Jana Small Finance Bank FD
Madhya Pradesh Gramin Bank FD
Madhya Pradesh Gramin Bank FD
Maturity Amount 105,904 108,139
Total Investment Amount₹ 100,000₹ 100,000
Total Interest Gained5,904 8,139

Compare Madhya Pradesh Gramin Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
Jana Small Finance Bank FD
7.85% - 8.8%
CSB Bank FD
5.75% - 6.25%
Axis Bank FD
7% - 7.75%
Deutsche Bank FD
7% - 7%
Ujjivan Small Finance Bank FD
7.2% - 7.95%
Indian Bank FD
6.25% - 6.75%
Federal Bank FD
6.5% - 7%
Chaitanya Godavari Grameena Bank FD
6.25% - 6.75%
Ellaquai Dehati Bank FD
5.3% - 5.55%
Paschim Banga Gramin Bank FD
5.2% - 5.7%

Calculate Madhya Pradesh Gramin Bank FD Returns

₹ 100,000

Total Investment

5,904

Wealth Gained

₹ 105,904

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.