Maharashtra Gramin Bank Fixed Deposit

Gramin

NA

DICGC

5.2%

Interest for 3 years

Maharashtra Gramin Bank FD Interest Rates Sep 2022

Note: All interest rates shown below are as on 1st Sep 2022

Historical FD Rates →
TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 14 days3%3%
15 days - 1 month3%3%
1 month 1 day - 1 month 15 days3%3%
1 month 16 days - 2 months 29 days3.9%3.9%
3 months - 5 months 26 days4%4.5%
5 months 27 days - 11 months 30 days4.5%5%
1 year - 1 year5.2%5.7%
1 year 1 day - 1 year 11 months 29 days5.2%5.7%
1 year 11 months 30 days - 2 years 11 months 29 days5.2%5.7%
2 years 11 months 30 days - 4 years 11 months 29 days5.2%5.7%
4 years 11 months 30 days - 9 years 11 months 28 days5.2%5.7%

About Maharashtra Gramin Bank FD

Maharashtra Gramin Bank came in to existence after amalgamation of erstwhile Maharashtra Godavari Gramin Bank and Marathawada Gramin Bank as per the notification issued by Government of India, Ministry of Finance, Department of Financial Services ref No F.No. 1/4/2006-RRB(II) dated 20 July 2009 with its head office at Aurangabad. The Bank is sponsored by Bank of Maharashtra. The share capital of the Bank is contributed by Government of India, Government of Maharashtra and Bank of Maharashtra in proportion of 50:15:35

3% - 5.2%

FD Rate

3% - 5.7%

FD Rate for Seniors

₹ 100

Minimum Deposit

₹ 2 Crores

Maximum Deposit

days

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Fixed Deposits

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Maharashtra Gramin Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 5.2%For 5 years with interest of 5.2%
₹ 50,000₹58422₹64810
₹ 1 lakh₹116843₹129620
₹ 2 lakh₹233686₹259240
₹ 5 lakh₹584216₹648101
₹ 10 lakh₹1168432₹1296202

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vs

Pre Tax

Post Tax

Tax Rate
Maturity Amount₹105326₹ 105221
Total Investment Amount₹ 100000₹ 100000
Total Interest Gained₹5326

₹5326

₹ 5221

Compare Maharashtra Gramin Bank Fixed Deposit Rates with Top Banks

Calculate Maharashtra Gramin Bank FD Returns

₹ 100000

Total Investment

₹5326

Wealth Gained

₹5326

Wealth Gained

₹105326

Maturity Amount

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