- Fixed Deposit
- Madhyanchal Gramin Bank
- Madhyanchal Gramin Bank Fixed Deposit
Madhyanchal Gramin Bank Fixed Deposit
5.3%
Interest for 3 years
Madhyanchal Gramin Bank FD Interest Rates February 2023
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 7 days - 1 month 17 days | 3% | 3.5% |
| 1 month 18 days - 11 months 30 days | 4.5% | 5% |
| 1 year - 1 year 11 months 29 days | 5.5% | 6% |
| 1 year 11 months 30 days - 2 years 11 months 29 days | 5.75% | 6.25% |
| 2 years 11 months 30 days - 4 years 11 months 29 days | 5.3% | 5.8% |
| 4 years 11 months 30 days - 9 years 11 months 28 days | 5.4% | 5.9% |
Note: All interest rates shown below are as on 2nd Feb 2023
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.
3% - 5.75%
FD Rate
3.5% - 6.25%
FD Rate for Seniors
-
Minimum Deposit
-
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Madhyanchal Gramin Bank FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 5.3% | For 5 years with interest of 5.4% |
|---|---|---|
| ₹ 50,000 | ₹ 58,596 | ₹ 65,459 |
| ₹ 1 lakh | ₹ 117,193 | ₹ 130,917 |
| ₹ 2 lakh | ₹ 234,386 | ₹ 261,834 |
| ₹ 5 lakh | ₹ 585,964 | ₹ 654,586 |
| ₹ 10 lakh | ₹ 1,171,928 | ₹ 1,309,171 |
Compare Madhyanchal Gramin Bank Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
| Maturity Amount | ₹ 105,641 | ₹ 108,149 |
| Total Investment Amount | ₹ 100,000 | ₹ 100,000 |
| Total Interest Gained | ₹5,641 | ₹ 8,149 |
Compare Madhyanchal Gramin Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 7.86% - 8.36% | |
| 7.25% - 7.75% | |
| 5.5% - 6% | |
| 6.1% - 6.6% | |
| 7.5% - 7.75% | |
| 7% - 7.5% | |
| 6.25% - 6.25% | |
| 5.6% - 5.6% | |
| 5.5% - 5.75% | |
| 7.5% - 7.75% |
Calculate Madhyanchal Gramin Bank FD Returns
₹ 100,000
Total Investment
5,641
Wealth Gained
₹ 105,641
Maturity Amount
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