- 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 2023
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 15 days - 29 days | 3.75% | 4.25% |
| 1 month - 1 month 15 days | 4% | 4.5% |
| 1 month 16 days - 2 months 29 days | 4.25% | 4.75% |
| 2 months 30 days - 5 months 27 days | 5.1% | 5.6% |
| 5 months 28 days - 11 months 29 days | 5.8% | 6.3% |
| 11 months 30 days - 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 above are as on 2nd Jun 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 | ₹ 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.
 | | |
|---|---|---|
| Maturity Amount | ₹ 1,07,282 | ₹ 1,06,697 |
| Total Investment Amount | ₹ 1,00,000 | ₹ 1,00,000 |
| Total Interest Gained | ₹7,282 | ₹ 6,697 |
Compare Tamil Nadu Grama Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
 | 6.5% - 7% |
 | 6.5% - 7.25% |
 | 6.85% - 7.35% |
 | 6.75% - 7.25% |
 | 6.5% - 7% |
 | 8.25% - 8.85% |
 | 7.5% - 8% |
 | 5.75% - 6.25% |
 | 7% - 7.5% |
 | 6.25% - 6.75% |
Calculate Tamil Nadu Grama Bank FD Returns
₹ 1,00,000
Total Investment
7,282
Wealth Gained
₹ 1,07,282
Maturity Amount
The flexible & tax efficient alternative to FDs.
Frequently Asked Questions
What is the highest Tamil Nadu Grama Bank FD rate today?
What is the highest interest rate on Tamil Nadu Grama Bank 1 year FD scheme?
What is Tamil Nadu Grama Bank FD scheme interest rate for 5 years?
How many years FD will double in Tamil Nadu Grama Bank?
What is Tamil Nadu Grama Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in Tamil Nadu Grama Bank?
What are the available FD tenures in Tamil Nadu Grama Bank?
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 72,823. The maturity value will be INR 10,72,823. 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?
How many FDs can be opened in Tamil Nadu Grama Bank?