• Fixed Deposit
  • Maharashtra Gramin Bank
  • Maharashtra Gramin Bank Fixed Deposit
Maharashtra Gramin Bank Fixed Deposit

Maharashtra Gramin Bank Fixed Deposit

GraminNA 
DICGC

6.65%

Interest for 3 years

Maharashtra Gramin Bank FD Interest Rates February 2023

Historical FD Rates →
TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 17 days4%4%
1 month 18 days - 3 months 1 day4.5%4.5%
3 months 2 days - 5 months 29 days5%5.5%
5 months 30 days - 11 months 30 days5.75%6.25%
1 year - 2 years 11 months 29 days6.3%6.8%
2 years 11 months 30 days - 2 years 11 months 30 days6.65%7.15%
3 years - 4 years 11 months 29 days6.3%6.8%
4 years 11 months 30 days - 4 years 11 months 30 days6.6%7.1%
5 years - 9 years 11 months 28 days6.3%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

Maharashtra Gramin Bank FD

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 AmountFor 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.

vs
Jana Small Finance Bank FD
Maharashtra Gramin Bank FD
Maharashtra Gramin Bank FD
Maturity Amount 106,485 108,139
Total Investment Amount₹ 100,000₹ 100,000
Total Interest Gained6,485 8,139

Compare Maharashtra Gramin Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
Jana Small Finance Bank FD
7.85% - 8.8%
CSB Bank FD
5.75% - 6.25%
Axis Bank FD
7% - 7.75%
Deutsche Bank FD
7% - 7%
Ujjivan Small Finance Bank FD
7.2% - 7.95%
Indian Bank FD
6.25% - 6.75%
Federal Bank FD
6.5% - 7%
Chaitanya Godavari Grameena Bank FD
6.25% - 6.75%
Ellaquai Dehati Bank FD
5.3% - 5.55%
Paschim Banga Gramin Bank FD
5.2% - 5.7%

Calculate Maharashtra Gramin Bank FD Returns

₹ 100,000

Total Investment

6,485

Wealth Gained

₹ 106,485

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.