- Fixed Deposit
- Maharashtra Gramin Bank
- Maharashtra Gramin Bank Fixed Deposit
Maharashtra Gramin Bank Fixed Deposit
6.65%
Interest for 3 years
Maharashtra Gramin Bank FD Interest Rates February 2023
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 7 days - 1 month 17 days | 4% | 4% |
| 1 month 18 days - 3 months 1 day | 4.5% | 4.5% |
| 3 months 2 days - 5 months 29 days | 5% | 5.5% |
| 5 months 30 days - 11 months 30 days | 5.75% | 6.25% |
| 1 year - 2 years 11 months 29 days | 6.3% | 6.8% |
| 2 years 11 months 30 days - 2 years 11 months 30 days | 6.65% | 7.15% |
| 3 years - 4 years 11 months 29 days | 6.3% | 6.8% |
| 4 years 11 months 30 days - 4 years 11 months 30 days | 6.6% | 7.1% |
| 5 years - 9 years 11 months 28 days | 6.3% | 6.8% |
Note: All interest rates shown below are as on 9th Jan 2023
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
4% - 6.65%
FD Rate
4% - 7.15%
FD Rate for Seniors
₹ 100
Minimum Deposit
₹ 2 Crores
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Maharashtra Gramin Bank FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 6.65% | For 5 years with interest of 6.6% |
|---|---|---|
| ₹ 50,000 | ₹ 61,006 | ₹ 69,486 |
| ₹ 1 lakh | ₹ 122,012 | ₹ 138,971 |
| ₹ 2 lakh | ₹ 244,024 | ₹ 277,942 |
| ₹ 5 lakh | ₹ 610,060 | ₹ 694,856 |
| ₹ 10 lakh | ₹ 1,220,120 | ₹ 1,389,711 |
Compare Maharashtra Gramin Bank Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
| Maturity Amount | ₹ 106,485 | ₹ 108,139 |
| Total Investment Amount | ₹ 100,000 | ₹ 100,000 |
| Total Interest Gained | ₹6,485 | ₹ 8,139 |
Compare Maharashtra Gramin Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 7.85% - 8.8% | |
| 5.75% - 6.25% | |
| 7% - 7.75% | |
| 7% - 7% | |
| 7.2% - 7.95% | |
| 6.25% - 6.75% | |
| 6.5% - 7% | |
| 6.25% - 6.75% | |
| 5.3% - 5.55% | |
| 5.2% - 5.7% |
Calculate Maharashtra Gramin Bank FD Returns
₹ 100,000
Total Investment
6,485
Wealth Gained
₹ 106,485
Maturity Amount
The flexible & tax efficient alternative to FDs.