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Tamil Nadu Grama Bank Fixed Deposit

Tamil Nadu Grama Bank Fixed Deposit

GraminNA 
Shield CheckDICGC

6.9%

Interest for 3 years

Tamil Nadu Grama Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
15 days - 29 days3.8%4.3%
30 days - 1 month 14 days4%4.5%
1 month 15 days - 3 months4.3%4.8%
3 months 1 day - 5 months 29 days5.1%5.6%
5 months 30 days - 11 months 30 days5.8%6.3%
1 year - 1 year 11 months 30 days7.1%7.6%
2 years - 2 years 11 months 30 days7.3%7.8%
3 years - 9 years 11 months 29 days6.9%7.4%

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

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.

Tamil Nadu Grama Bank FD

3.8% - 7.3%

FD Rate

4.3% - 7.8%

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 AmountFor 3 years with interest of 6.9%For 5 years with interest of 6.9%
₹ 50,000₹ 61,463₹ 70,530
₹ 1 lakh₹ 1,22,925₹ 1,41,060
₹ 2 lakh₹ 2,45,851₹ 2,82,119
₹ 5 lakh₹ 6,14,627₹ 7,05,298
₹ 10 lakh₹ 12,29,254₹ 14,10,595

Compare Tamil Nadu Grama Bank Fixed Deposit Returns with Top Banks

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

vs
Tamil Nadu Grama Bank FD
Tamil Nadu Grama Bank FD
Maturity Amount₹ 1,07,336₹ 1,07,229
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained₹7,336₹ 7,229

Compare Tamil Nadu Grama Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
hdfc-bank.png
HDFC Bank FD		7% - 7.5%
saurashtra-gramin-bank.png
Saurashtra Gramin Bank FD		6.55% - 7.05%
vidarbha-konkan-gramin-bank.png
Vidharbha Konkan Gramin Bank FD		7% - 7%
sarva-haryana-gramin-bank.png
Sarva Haryana Gramin Bank FD		6.5% - 7%
bharat-bank.png
Bharat Bank FD		7.1% - 7.6%
karnataka-bank.png
Karnataka Bank FD		6.5% - 7%
uco-bank.png
UCO Bank FD		6.3% - 6.8%
saptagiri-grameena-bank.png
Saptagiri Grameena Bank FD		7.5% - 8%
tripura-gramin-bank.png
Tripura Gramin Bank FD		6.6% - 7.1%
karnataka-gramin-bank.png
Karnataka Gramin Bank FD		6.9% - 7.4%

Calculate Tamil Nadu Grama 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 Tamil Nadu Grama Bank FD rate today?

The highest Tamil Nadu Grama Bank FD rates for general citizens is 7.3% p.a. and 7.8% p.a. for senior citizens.

What is the highest interest rate on Tamil Nadu Grama Bank 1 year FD scheme?

The highest interest rate on Tamil Nadu Grama Bank 1 year FD scheme is 7.1% p.a.

What is Tamil Nadu Grama Bank FD scheme interest rate for 5 years?

6.9% p.a is the interest rate for 5 years on Tamil Nadu Grama Bank FD scheme.

How many years FD will double in Tamil Nadu Grama Bank?

To know in how many years Tamil Nadu Grama 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 Tamil Nadu Grama Bank Bank FD will double. The current highest Tamil Nadu Grama Bank FD interest rate is 7.3% so investors will double the investment in 9.86 years. Similarly, senior citizen depositors will double their FD investment in 9.23 years, where the highest FD rate for senior citizens is 7.8%.

What is Tamil Nadu Grama Bank FD minimum deposit amount?

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

What is senior citizen fixed deposit interest rates in Tamil Nadu Grama Bank?

The senior citizen fixed deposit interest rates in Tamil Nadu Grama Bank range between 4.3% to 7.8% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Tamil Nadu Grama Bank?

Tamil Nadu Grama Bank FD tenure ranges from 15 days to 9 years 11 months 29 days

What is Tamil Nadu Grama Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Tamil Nadu Grama 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 Tamil Nadu Grama Bank?

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

How many FDs can be opened in Tamil Nadu Grama Bank?

There is no restriction on the number of FDs you can open with Tamil Nadu Grama Bank.