Madhya Pradesh Gramin Bank Fixed Deposit
Gramin
NA
DICGC
5%
Interest for 3 years
Madhya Pradesh Gramin Bank FD Interest Rates Sep 2022
Note: All interest rates shown below are as on 1st Sep 2022
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 7 days - 14 days | 3.2% | 3.2% |
| 15 days - 1 month 15 days | 3.2% | 3.2% |
| 1 month 16 days - 2 months 29 days | 4.2% | 4.2% |
| 3 months - 5 months 26 days | 4.2% | 4.2% |
| 5 months 27 days - 8 months 27 days | 4.7% | 5.2% |
| 8 months 28 days - 11 months 30 days | 4.7% | 5.2% |
| 1 year - 1 year 11 months 29 days | 5% | 5.5% |
| 1 year 11 months 30 days - 2 years 11 months 29 days | 5% | 5.5% |
| 2 years 11 months 30 days - 9 years 11 months 28 days | 5% | 5.5% |
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.
3.2% - 5%
FD Rate
3.2% - 5.5%
FD Rate for Seniors
-
Minimum Deposit
₹ 2 Crores
Maximum Deposit
days
-
FD Tenure
-
NA
Fixed Deposits
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Madhya Pradesh Gramin Bank FD Returns Based on Investment Amount
| 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 |
Compare Madhya Pradesh Gramin Bank Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
| Maturity Amount | ₹105116 | ₹ 105221 |
| Total Investment Amount | ₹ 100000 | ₹ 100000 |
| Total Interest Gained | ₹5116 ₹5116 | ₹ 5221 |
| Income Tax on Wealth Gained | ₹ 12898 | ₹ 13092 |
Compare Madhya Pradesh Gramin Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 5.1% - 5.6% | |
| 7% - 7.5% | |
| 5.35% - 6.1% | |
| 5.3% - 5.8% | |
| 5.6% - 6.1% | |
| 6.2% - 6.2% | |
| 5.6% - 6.1% | |
| 5.6% - 6.1% | |
| 5.4% - 5.9% | |
| 5.3% - 5.8% |
Calculate Madhya Pradesh Gramin Bank FD Returns
₹ 100000
Total Investment
₹5116
Wealth Gained
₹5116
Wealth Gained
₹105116
Maturity Amount
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