Maharashtra Gramin Bank Fixed Deposit
Gramin
NA
DICGC
5.2%
Interest for 3 years
Maharashtra Gramin Bank FD Interest Rates May 2022
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% |
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
-
FD Tenure
-
NA
Fixed Deposits
Flexible tenure & partial withdrawal facility, without the hassle of opening a savings account.
Maharashtra Gramin Bank FD Returns Based on Investment Amount
| Investment Amount | For 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 |
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 | ₹105326 | ₹ 105326 |
| Total Investment Amount | ₹ 100000 | ₹ 100000 |
| Total Interest Gained | ₹5326 ₹5326 | ₹ 5326 |
| Income Tax on Wealth Gained | ₹ 12898 | ₹ 13092 |
Compare Maharashtra Gramin Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 5.2% - 5.7% | |
| 5.1% - 5.6% | |
| 5.35% - 5.85% | |
| 5.65% - 6.15% | |
| 5.2% - 5.95% | |
| 5.3% - 5.8% | |
| 5.4% - 6.05% | |
| 5% - 5% | |
| 5.3% - 5.8% | |
| 5.25% - 5.75% |
Calculate Maharashtra Gramin Bank FD Returns
₹ 100000
Total Investment
₹5326
Wealth Gained
₹5326
Wealth Gained
₹105326
Maturity Amount
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