• Fixed Deposit
  • Madhyanchal Gramin Bank
  • Madhyanchal Gramin Bank Fixed Deposit
Madhyanchal Gramin Bank Fixed Deposit

Madhyanchal Gramin Bank Fixed Deposit

GraminNA 
DICGC

5.3%

Interest for 3 years

Madhyanchal Gramin Bank FD Interest Rates October 2022

Note: All interest rates shown below are as on 1st Oct 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 28 days3.9%4.4%
5 months 29 days - 6 months 28 days4.4%4.9%
6 months 29 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.

Madhyanchal Gramin Bank FD

2.9% - 5.4%

FD Rate

3.4% - 5.9%

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 AmountFor 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.

vs
Ellaquai Dehati Bank FD
Madhyanchal Gramin Bank FD
Madhyanchal Gramin Bank FD
Maturity Amount 105,012 105,431
Total Investment Amount₹ 100,000₹ 100,000
Total Interest Gained5,012 5,431

Compare Madhyanchal Gramin Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
Ellaquai Dehati Bank FD
5.3% - 5.55%
Deutsche Bank FD
6.5% - 6.5%
Karnataka Gramin Bank FD
5.8% - 6.3%
DCB Bank FD
6.6% - 7.1%
RBL Bank FD
6.55% - 7.05%
ESF Bank FD
7% - 7.5%
Punjab Gramin Bank FD
5.75% - 5.75%
AU Small Finance Bank FD
6.9% - 7.4%
Bangiya Gramin Vikash Bank FD
5.5% - 6%
Jharkhand Rajya Gramin Bank FD
5.5% - 5.75%

Calculate Madhyanchal Gramin Bank FD Returns

₹ 100,000

Total Investment

5,012

Wealth Gained

₹ 105,012

Maturity Amount

Track your existing FDs

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