Interest for 3 years
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||3%||3%|
|1 month 15 days - 2 months 29 days||3.9%||3.9%|
|2 months 30 days - 5 months 26 days||4%||4.5%|
|5 months 27 days - 11 months 29 days||4.5%||5%|
|1 year - 9 years 11 months 27 days||5.2%||5.7%|
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%
3% - 5.7%
FD Rate for Seniors
₹ 2 Crores
Flexible tenure & partial withdrawal facility, without the hassle of opening a savings account.
|Investment Amount||For 3 years with interest of 5.2%||For 5 years with interest of 5.2%|
|₹ 1 lakh||₹116843||₹129620|
|₹ 2 lakh||₹233686||₹259240|
|₹ 5 lakh||₹584216||₹648101|
|₹ 10 lakh||₹1168432||₹1296202|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹105326||₹ 105326|
|Total Investment Amount||₹ 100000||₹ 100000|
|Total Interest Gained||₹5326|
|Income Tax on Wealth Gained||₹ 12898||₹ 13092|
|Bank Name||FD Interest Rates|
|ICICI Bank FD||5.2% - 5.7%|
|UCO Bank FD||5.1% - 5.6%|
|SCB FD||5.35% - 5.85%|
|Andhra Pradesh Grameena Vikas Bank FD||5.65% - 6.15%|
|Bank of India FD||5.2% - 5.95%|
|Madhyanchal Gramin Bank FD||5.3% - 5.8%|
|Axis Bank FD||5.4% - 6.05%|
|Vidharbha Konkan Gramin Bank FD||5% - 5%|
|Jammu And Kashmir Grameen Bank FD||5.3% - 5.8%|
|Kerala Gramin Bank FD||5.25% - 5.75%|
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