Interest for 3 years
|Tenure||Normal Citizen FD Rate||Senior Citizen FD Rate|
|7 days - 1 month 15 days||3%||3.5%|
|1 month 16 days - 11 months 29 days||4.5%||5%|
|11 months 30 days - 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 28 days||5.3%||5.8%|
|4 years 11 months 29 days - 9 years 11 months 28 days||5.4%||5.9%|
Note: All interest rates shown above are as on 4th May 2023
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%
3.5% - 6.25%
FD Rate for Seniors
Loan against FD
|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||₹ 1,17,193||₹ 1,30,917|
|₹ 2 lakh||₹ 2,34,386||₹ 2,61,834|
|₹ 5 lakh||₹ 5,85,964||₹ 6,54,586|
|₹ 10 lakh||₹ 11,71,928||₹ 13,09,171|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹ 1,05,641||₹ 1,07,763|
|Total Investment Amount||₹ 1,00,000||₹ 1,00,000|
|Total Interest Gained||₹5,641||₹ 7,763|
|Bank Name||FD Interest Rates|
|DBS Bank FD||7.5% - 8%|
|Jammu And Kashmir Grameen Bank FD||6.5% - 7%|
|Central Bank of India FD||6.25% - 6.75%|
|IDBI Bank FD||6.5% - 7%|
|Mizoram Rural Bank FD||6.5% - 6.5%|
|Axis Bank FD||7% - 7.75%|
|Bangiya Gramin Vikash Bank FD||6.25% - 6.75%|
|Bandhan Bank FD||7.25% - 7.75%|
|LIC Housing Finance FD||7.75% - 8%|
|Ellaquai Dehati Bank FD||5.3% - 5.55%|
The flexible & tax efficient alternative to FDs.
What is the highest Madhyanchal Gramin Bank FD rate today?
What is the highest interest rate on Madhyanchal Gramin Bank 1 year FD scheme?
What is Madhyanchal Gramin Bank FD scheme interest rate for 5 years?
How many years FD will double in Madhyanchal Gramin Bank?
What is Madhyanchal Gramin Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in Madhyanchal Gramin Bank?
What are the available FD tenures in Madhyanchal Gramin Bank?
What is Madhyanchal Gramin Bank FD ROI for 10 lakh deposit for 1 year?
The interest from the Madhyanchal Gramin Bank FD calculator for 10 lakh deposit for 1 year will be INR 56,408. The maturity value will be INR 10,56,408. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.
How to check the fixed deposit balance in Madhyanchal Gramin Bank?
How many FDs can be opened in Madhyanchal Gramin Bank?