Interest for 3 years
Note: All interest rates shown below are as on 2nd May 2022
|Tenure||Normal Citizen FD Rate||Senior Citizen FD Rate|
|7 days - 1 month 14 days||2.9%||2.9%|
|1 month 15 days - 5 months 27 days||3.9%||3.9%|
|5 months 28 days - 11 months 29 days||4.4%||4.4%|
|1 year - 1 year 11 months 28 days||5.1%||5.6%|
|1 year 11 months 29 days - 2 years 11 months 28 days||5.2%||5.7%|
|2 years 11 months 29 days - 4 years 11 months 28 days||5.45%||5.95%|
|4 years 11 months 29 days - 9 years 11 months 27 days||5.5%||6%|
Utkal Grameen Bank (UGB) is a Regional Rural Bank established on 1 November 2012 with the merger of Rushikulya Gramya Bank and Utkal Gramya Bank in terms of provisions of Regional Rural Banks Act 1976. The bank is sponsored by State Bank of India & is jointly Owned by the Government of India, Government of Odisha and SBI.It is under the ownership of Ministry of Finance, Government of India. The shareholders of the Bank are Govt. of India (50%), State Bank of India (35%) and Govt. of Odisha (15%). The Bank is operating in 17 districts of Odisha State with its Head Office at Bolangir. Besides, the bank has seven Regional Offices in western and southern Odisha.
2.9% - 5.5%
2.9% - 6%
FD Rate for Seniors
₹ 1 Crores
Flexible tenure & partial withdrawal facility, without the hassle of opening a savings account.
|Investment Amount||For 3 years with interest of 5.45%||For 5 years with interest of 5.5%|
|₹ 1 lakh||₹117719||₹131570|
|₹ 2 lakh||₹235438||₹263141|
|₹ 5 lakh||₹588595||₹657852|
|₹ 10 lakh||₹1177190||₹1315704|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹105221||₹ 105326|
|Total Investment Amount||₹ 100000||₹ 100000|
|Total Interest Gained||₹5221|
|Income Tax on Wealth Gained||₹ 12898||₹ 13092|
|Bank Name||FD Interest Rates|
|ICICI Bank FD||5.2% - 5.7%|
|UCO Bank FD||5.1% - 5.6%|
|SCB FD||5.35% - 5.85%|
|Andhra Pradesh Grameena Vikas Bank FD||5.65% - 6.15%|
|Bank of India FD||5.2% - 5.95%|
|Madhyanchal Gramin Bank FD||5.3% - 5.8%|
|Axis Bank FD||5.4% - 6.05%|
|Vidharbha Konkan Gramin Bank FD||5% - 5%|
|Jammu And Kashmir Grameen Bank FD||5.3% - 5.8%|
|Kerala Gramin Bank FD||5.25% - 5.75%|
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