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Punjab Gramin Bank Fixed Deposit

Punjab Gramin Bank Fixed Deposit

GraminNA 
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6.7%

Interest for 3 years

Punjab Gramin Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 15 days3.5%4.25%
1 month 16 days - 2 months 29 days4.75%5.5%
3 months - 5 months 28 days5%5.75%
5 months 29 days - 8 months 28 days6%6.75%
8 months 29 days - 1 year7.1%7.85%
1 year 1 day - 1 year 1 month 15 days6.7%7.45%
1 year 1 month 16 days - 1 year 1 month 16 days7.25%8%
1 year 1 month 17 days - 9 years 11 months 29 days6.7%7.45%

Note: All interest rates shown above are as on 7th Oct 2024

About Punjab Gramin Bank FD

The Central Government of India, vide its notification dated 21-12-2018, amalgamated Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank and a single regional rural Bank called as ‘Punjab Gramin Bank’ came into existence in Punjab State with w.e.f 01-01-2019 with its Head Office at Kapurthala.

Punjab Gramin Bank FD

3.5% - 7.25%

FD Rate

4.25% - 8%

FD Rate for Seniors

-

Minimum Deposit

₹ 2 Crores

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Punjab Gramin Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 6.7%For 5 years with interest of 6.7%
₹ 50,000₹ 61,097₹ 69,832
₹ 1 lakh₹ 1,22,194₹ 1,39,664
₹ 2 lakh₹ 2,44,388₹ 2,79,328
₹ 5 lakh₹ 6,10,971₹ 6,98,319
₹ 10 lakh₹ 12,21,941₹ 13,96,638

Compare Punjab Gramin Bank Fixed Deposit Returns with Top Banks

Use FD calculator to change values and compare your returns from top banks.

vs
Punjab Gramin Bank FD
Punjab Gramin Bank FD
Maturity Amount₹ 1,07,336₹ 1,09,381
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained₹7,336₹ 9,381

Compare Punjab Gramin Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
north-east-small-finance-bank.png
North East Small Finance Bank FD		9% - 9.5%
dakshin-bihar-gramin-bank.png
Dakshin Bihar Gramin Bank FD		7% - 7%
idfc-first-bank.png
IDFC First Bank FD		7% - 7.5%
rbl-bank.png
RBL Bank FD		7.5% - 8%
suryoday-small-finance-bank.png
Suryoday Small Finance Bank FD		8.6% - 9.1%
utkal-grameen-bank.png
Utkal Grameen Bank FD		6.8% - 7.3%
post-office.png
Post Office FD		7.1% - 7.1%
pnbhfl.png
PNB HFL FD		7.75% - 8.05%
saptagiri-grameena-bank.png
Saptagiri Grameena Bank FD		7.5% - 8%
indian-bank.png
Indian Bank FD		6.25% - 6.75%

Calculate Punjab Gramin Bank FD Returns

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₹1,00,000

Total Investment

7,336

Wealth Gained

₹1,07,336

Maturity Amount

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Frequently Asked Questions

What is the highest Punjab Gramin Bank FD rate today?

The highest Punjab Gramin Bank FD rates for general citizens is 7.25% p.a. and 8% p.a. for senior citizens.

What is the highest interest rate on Punjab Gramin Bank 1 year FD scheme?

The highest interest rate on Punjab Gramin Bank 1 year FD scheme is 7.1% p.a.

What is Punjab Gramin Bank FD scheme interest rate for 5 years?

6.7% p.a is the interest rate for 5 years on Punjab Gramin Bank FD scheme.

How many years FD will double in Punjab Gramin Bank?

To know in how many years Punjab Gramin Bank Bank FD will double, we can follow the 72 rule. We have to divide 72 by the interest rate, and the result will be the number of years Punjab Gramin Bank Bank FD will double. The current highest Punjab Gramin Bank FD interest rate is 7.25% so investors will double the investment in 9.93 years. Similarly, senior citizen depositors will double their FD investment in 9.00 years, where the highest FD rate for senior citizens is 8%.

What is Punjab Gramin Bank FD minimum deposit amount?

The minimum investment in Punjab Gramin Bank FD is INR 0. However, there is no limit on the maximum amount of investment in Punjab Gramin Bank FD.

What is senior citizen fixed deposit interest rates in Punjab Gramin Bank?

The senior citizen fixed deposit interest rates in Punjab Gramin Bank range between 4.25% to 8% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Punjab Gramin Bank?

Punjab Gramin Bank FD tenure ranges from 7 days to 9 years 11 months 29 days

What is Punjab Gramin Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Punjab Gramin Bank FD calculator for 10 lakh deposit for 1 year will be INR 73,357. The maturity value will be INR 10,73,357. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

How to check the fixed deposit balance in Punjab Gramin Bank?

You can check Punjab Gramin Bank FD balance either online or offline mode. For online mode, log in to the Punjab Gramin Bank internet banking portal. Alternatively, you can visit the nearest Punjab Gramin Bank bank to update your passbook for FD balance enquiry.

How many FDs can be opened in Punjab Gramin Bank?

There is no restriction on the number of FDs you can open with Punjab Gramin Bank.