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
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 7 days - 1 month 14 days | 2.9% | 3.4% |
| 1 month 15 days - 5 months 26 days | 3.9% | 4.4% |
| 5 months 27 days - 11 months 29 days | 4.4% | 4.9% |
| 1 year - 1 year 11 months 28 days | 4.9% | 5.4% |
| 1 year 11 months 29 days - 2 years 11 months 28 days | 5.1% | 5.6% |
| 2 years 11 months 29 days - 4 years 11 months 28 days | 5.3% | 5.8% |
| 4 years 11 months 29 days - 9 years 11 months 27 days | 5.4% | 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
-
FD Tenure
-
NA
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 Amount | For 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.
| Maturity Amount | ₹105012 | ₹ 105326 |
| Total Investment Amount | ₹ 100000 | ₹ 100000 |
| Total Interest Gained | ₹5012 ₹5012 | ₹ 5326 |
| Income Tax on Wealth Gained | ₹ 12898 | ₹ 13092 |
Compare Madhyanchal Gramin Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 5.2% - 5.7% | |
| 5.1% - 5.6% | |
| 5.35% - 5.85% | |
| 5.65% - 6.15% | |
| 5.2% - 5.95% | |
| 5.4% - 6.05% | |
| 5% - 5% | |
| 5.3% - 5.8% | |
| 5.25% - 5.75% | |
| 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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