- Fixed Deposit
- Tamil Nadu Grama Bank
- Tamil Nadu Grama Bank Fixed Deposit
Tamil Nadu Grama Bank Fixed Deposit
6.9%
Interest for 3 years
Tamil Nadu Grama Bank FD Interest Rates January 2023
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 15 days - 29 days | 3.75% | 4.25% |
| 30 days - 1 month 14 days | 4% | 4.5% |
| 1 month 15 days - 3 months | 4.25% | 4.75% |
| 3 months 1 day - 5 months 29 days | 5.1% | 5.6% |
| 6 months - 11 months 30 days | 5.8% | 6.3% |
| 1 year - 1 year 11 months 29 days | 7.05% | 7.55% |
| 1 year 11 months 30 days - 2 years 11 months 29 days | 7.25% | 7.75% |
| 2 years 11 months 30 days - 9 years 11 months 28 days | 6.9% | 7.4% |
Note: All interest rates shown below are as on 9th Jan 2023
About Tamil Nadu Grama Bank FD
Tamil Nadu Grama Bank, Sponsored by Indian Bank was formed on 01-04-2019 by amalgamation of erstwhile Pallavan Grama Bank, & Pandyan Grama Bank, as per GOI Gazette Notification no. 363 dated 28-01-2019. Prior to amalgamation, Pallavan Grama Bank with its Headquarters at Salem functioned in 16 districts and Pandyan Grama Bank with its Headquarters at Virudhunagar functioned in 16 districts. After amalgamation, the Bank is operating in except Chennai all other remaining 37 Districts of Tamil Nadu with its Headquarter at Salem.
3.75% - 7.25%
FD Rate
4.25% - 7.75%
FD Rate for Seniors
₹ 100
Minimum Deposit
₹ 1 Crores
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
Tamil Nadu Grama Bank FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 6.9% | For 5 years with interest of 6.9% |
|---|---|---|
| ₹ 50,000 | ₹ 61,463 | ₹ 70,530 |
| ₹ 1 lakh | ₹ 122,925 | ₹ 141,060 |
| ₹ 2 lakh | ₹ 245,851 | ₹ 282,119 |
| ₹ 5 lakh | ₹ 614,627 | ₹ 705,298 |
| ₹ 10 lakh | ₹ 1,229,254 | ₹ 1,410,595 |
Compare Tamil Nadu Grama Bank Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
| Maturity Amount | ₹ 107,282 | ₹ 108,139 |
| Total Investment Amount | ₹ 100,000 | ₹ 100,000 |
| Total Interest Gained | ₹7,282 | ₹ 8,139 |
Compare Tamil Nadu Grama Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 7.85% - 8.8% | |
| 5.75% - 6.25% | |
| 7% - 7.75% | |
| 7% - 7% | |
| 7.2% - 7.95% | |
| 6.25% - 6.75% | |
| 6.5% - 7% | |
| 6.25% - 6.75% | |
| 5.3% - 5.55% | |
| 5.2% - 5.7% |
Calculate Tamil Nadu Grama Bank FD Returns
₹ 100,000
Total Investment
7,282
Wealth Gained
₹ 107,282
Maturity Amount
The flexible & tax efficient alternative to FDs.