6.5%
Interest for 3 years
Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
---|---|---|
7 days - 1 month 14 days | 3% | 3% |
1 month 15 days - 5 months 28 days | 4.5% | 4.5% |
5 months 29 days - 8 months 26 days | 5.5% | 6% |
8 months 27 days - 11 months 29 days | 5.75% | 6.25% |
1 year - 1 year 11 months 29 days | 6.8% | 7.3% |
2 years - 2 years | 7.25% | 7.75% |
2 years 1 day - 2 years 11 months 29 days | 6.75% | 7.25% |
3 years - 4 years 11 months 28 days | 6.5% | 7% |
4 years 11 months 29 days - 9 years 11 months 28 days | 6% | 6.5% |
Note: All interest rates shown above are as on 7th Oct 2024
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% - 7.25%
FD Rate
3% - 7.75%
FD Rate for Seniors
-
Minimum Deposit
₹ 2 Crores
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Investment Amount | For 3 years with interest of 6.5% | For 5 years with interest of 6% |
---|---|---|
₹ 50,000 | ₹ 60,734 | ₹ 67,443 |
₹ 1 lakh | ₹ 1,21,467 | ₹ 1,34,885 |
₹ 2 lakh | ₹ 2,42,934 | ₹ 2,69,770 |
₹ 5 lakh | ₹ 6,07,336 | ₹ 6,74,425 |
₹ 10 lakh | ₹ 12,14,672 | ₹ 13,48,850 |
Use FD calculator to change values and compare your returns from top banks.
Maturity Amount | ₹ 1,07,016 | ₹ 1,09,381 |
Total Investment Amount | ₹ 1,00,000 | ₹ 1,00,000 |
Total Interest Gained | ₹7,016 | ₹ 9,381 |
Bank Name | FD Interest Rates |
---|---|
North East Small Finance Bank FD | 9% - 9.5% |
Dakshin Bihar Gramin Bank FD | 7% - 7% |
IDFC First Bank FD | 7% - 7.5% |
RBL Bank FD | 7.5% - 8% |
Suryoday Small Finance Bank FD | 8.6% - 9.1% |
Utkal Grameen Bank FD | 6.8% - 7.3% |
Post Office FD | 7.1% - 7.1% |
PNB HFL FD | 7.75% - 8.05% |
Saptagiri Grameena Bank FD | 7.5% - 8% |
Indian Bank FD | 6.25% - 6.75% |
₹1,00,000
Total Investment
7,016
Wealth Gained
₹1,07,016
Maturity Amount
The flexible & tax efficient alternative to FDs.
What is the highest Madhya Pradesh Gramin Bank FD rate today?
What is the highest interest rate on Madhya Pradesh Gramin Bank 1 year FD scheme?
What is Madhya Pradesh Gramin Bank FD scheme interest rate for 5 years?
How many years FD will double in Madhya Pradesh Gramin Bank?
What is Madhya Pradesh Gramin Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in Madhya Pradesh Gramin Bank?
What are the available FD tenures in Madhya Pradesh Gramin Bank?
What is Madhya Pradesh Gramin Bank FD ROI for 10 lakh deposit for 1 year?
The interest from the Madhya Pradesh Gramin Bank FD calculator for 10 lakh deposit for 1 year will be INR 70,160. The maturity value will be INR 10,70,160. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.
How to check the fixed deposit balance in Madhya Pradesh Gramin Bank?
How many FDs can be opened in Madhya Pradesh Gramin Bank?