Madhyanchal Gramin Bank Fixed Deposit

Gramin

NA

DICGC

5.3%

Interest for 3 years

Madhyanchal Gramin Bank FD Interest Rates May 2022

Note: All interest rates shown below are as on 2nd May 2022

Historical FD Rates →
TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 14 days2.9%3.4%
1 month 15 days - 5 months 26 days3.9%4.4%
5 months 27 days - 11 months 29 days4.4%4.9%
1 year - 1 year 11 months 28 days4.9%5.4%
1 year 11 months 29 days - 2 years 11 months 28 days5.1%5.6%
2 years 11 months 29 days - 4 years 11 months 28 days5.3%5.8%
4 years 11 months 29 days - 9 years 11 months 27 days5.4%5.9%

About Madhyanchal Gramin Bank FD

Madhyanchal Gramin Bank is a regional rural bank in India. It is under the ownership of Ministry of Finance , Government of India. It was formed by merging three rural banks in the state of Madhya Pradesh in central India namely Madhya Bharat Bank, Sharda Grameen Bank, Rewa Sidhi Grameen Bank, sponsored by State Bank Of India, Allahabad Bank and Union Bank of India. Its headquarters is in Saugor. There are 454 branch and 7 regional offices in Rewa, Sidhi, Satna, Damoh, Shivpuri, Chhatarpur and Tikamgarh.

2.9% - 5.4%

FD Rate

3.4% - 5.9%

FD Rate for Seniors

-

Minimum Deposit

₹ 0 Crores

Maximum Deposit

days

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Fixed Deposits

Flexible tenure & partial withdrawal facility, without the hassle of opening a savings account.

Madhyanchal Gramin Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 5.3%For 5 years with interest of 5.4%
₹ 50,000₹58596₹65459
₹ 1 lakh₹117193₹130917
₹ 2 lakh₹234386₹261834
₹ 5 lakh₹585964₹654586
₹ 10 lakh₹1171928₹1309171

Compare Madhyanchal Gramin Bank Fixed Deposit Returns with Top Banks

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

vs

Pre Tax

Post Tax

Tax Rate
Maturity Amount₹105012₹ 105326
Total Investment Amount₹ 100000₹ 100000
Total Interest Gained₹5012

₹5012

₹ 5326

Compare Madhyanchal Gramin Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
ICICI Bank FD
5.2% - 5.7%
UCO Bank FD
5.1% - 5.6%
SCB FD
5.35% - 5.85%
Andhra Pradesh Grameena Vikas Bank FD
5.65% - 6.15%
Bank of India FD
5.2% - 5.95%
Axis Bank FD
5.4% - 6.05%
Vidharbha Konkan Gramin Bank FD
5% - 5%
Jammu And Kashmir Grameen Bank FD
5.3% - 5.8%
Kerala Gramin Bank FD
5.25% - 5.75%
Utkarsh Small Finance Bank FD
6.75% - 7.25%

Calculate Madhyanchal Gramin Bank FD Returns

₹ 100000

Total Investment

₹5012

Wealth Gained

₹5012

Wealth Gained

₹105012

Maturity Amount

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