6.65%
Interest for 3 years
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
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
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 |
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 |
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% |
₹ 100,000
Total Investment
6,485
Wealth Gained
₹ 106,485
Maturity Amount
The flexible & tax efficient alternative to FDs.