• Fixed Deposit
  • Saurashtra Gramin Bank
  • Saurashtra Gramin Bank Fixed Deposit
Saurashtra Gramin Bank Fixed Deposit

Saurashtra Gramin Bank Fixed Deposit

GraminNA 
DICGC

6.55%

Interest for 3 years

Saurashtra Gramin Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 1 month 14 days3%3%
1 month 15 days - 5 months 27 days4.5%4.5%
5 months 28 days - 6 months 26 days5.5%5.5%
6 months 27 days - 11 months 27 days5.75%5.75%
1 year - 1 year 2 months 17 days6.85%7.35%
1 year 2 months 18 days - 1 year 2 months 18 days7.25%7.75%
1 year 2 months 19 days - 1 year 11 months 27 days6.85%7.35%
2 years - 2 years 11 months 27 days7.1%7.6%
3 years - 4 years 11 months 26 days6.55%7.05%
4 years 11 months 27 days - 9 years 11 months 26 days6.55%7.35%

Note: All interest rates shown above are as on 5th Feb 2024

About Saurashtra Gramin Bank FD

Saurashtra Gramin Bank (SGB) is a Regional Rural Bank (RRB) based in Rajkot (Gujarat), India and is sponsored by State Bank of India was formed by an amalgamation of three banks namely Jamnagar Rajkot Gramin Bank, Junagadh Amreli Gramin Bank & Surendra Bhavnagar Gramin Bank, prompted by SBS (now SBI) and is one of the leading RRB in India in many financial parameters specially maintaining NPAs at a low level. The Bank has its presence through 259 branches spread in 11 districts of Gujarat.

Saurashtra Gramin Bank FD

3% - 7.25%

FD Rate

3% - 7.75%

FD Rate for Seniors

₹ 100

Minimum Deposit

₹ 1 Crores

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Saurashtra Gramin Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 6.55%For 5 years with interest of 6.55%
₹ 50,000 ₹ 60,824₹ 69,313
₹ 1 lakh ₹ 1,21,649₹ 1,38,626
₹ 2 lakh ₹ 2,43,297₹ 2,77,252
₹ 5 lakh ₹ 6,08,243₹ 6,93,130
₹ 10 lakh ₹ 12,16,485₹ 13,86,260

Compare Saurashtra Gramin Bank Fixed Deposit Returns with Top Banks

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

vs
Bandhan Bank FD
Saurashtra Gramin Bank FD
Saurashtra Gramin Bank FD
Maturity Amount 1,07,069 1,07,496
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained7,069 7,496

Compare Saurashtra Gramin Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
Bandhan Bank FD
7.25% - 7.75%
Capital Small Finance Bank FD
7.15% - 7.65%
Bharat Bank FD
7.25% - 7.75%
Madhyanchal Gramin Bank FD
6% - 6.5%
Jharkhand Rajya Gramin Bank FD
6.5% - 6.75%
Uttarakhand Gramin Bank FD
6.3% - 6.8%
ICICI HFC FD
7.65% - 7.9%
Maharashtra Gramin Bank FD
6.85% - 7.35%
Federal Bank FD
7% - 7.5%
Union Bank of India FD
6.5% - 7%

Calculate Saurashtra Gramin Bank FD Returns

1,00,000

Total Investment

7,069

Wealth Gained

1,07,069

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.

Frequently Asked Questions

What is the highest Saurashtra Gramin Bank FD rate today?

The highest Saurashtra Gramin Bank FD rates for general citizens is 7.25% p.a. and 7.75% p.a. for senior citizens.

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

The highest interest rate on Saurashtra Gramin Bank 1 year FD scheme is 6.85% p.a.

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

6.55% p.a is the interest rate for 5 years on Saurashtra Gramin Bank FD scheme.

How many years FD will double in Saurashtra Gramin Bank?

To know in how many years Saurashtra 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 Saurashtra Gramin Bank Bank FD will double. The current highest Saurashtra 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 9.29 years, where the highest FD rate for senior citizens is 7.75%.

What is Saurashtra Gramin Bank FD minimum deposit amount?

The minimum investment in Saurashtra Gramin Bank FD is INR 100. However, there is no limit on the maximum amount of investment in Saurashtra Gramin Bank FD.

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

The senior citizen fixed deposit interest rates in Saurashtra Gramin Bank range between 3% to 7.75% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Saurashtra Gramin Bank?

Saurashtra Gramin Bank FD tenure ranges from 7 days to 9 years 11 months 26 days

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

The interest from the Saurashtra Gramin Bank FD calculator for 10 lakh deposit for 1 year will be INR 70,692. The maturity value will be INR 10,70,692. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

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

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

How many FDs can be opened in Saurashtra Gramin Bank?

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