Utkal Grameen Bank Fixed Deposit
Gramin
NA
DICGC
5.45%
Interest for 3 years
Utkal Grameen Bank FD Interest Rates May 2022
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% |
About Utkal Grameen Bank FD
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%
FD Rate
2.9% - 6%
FD Rate for Seniors
₹ 1500000
Minimum Deposit
₹ 1 Crores
Maximum Deposit
days
-
FD Tenure
-
NA
Fixed Deposits
Flexible tenure & partial withdrawal facility, without the hassle of opening a savings account.
Utkal Grameen Bank FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 5.45% | For 5 years with interest of 5.5% |
|---|---|---|
| ₹ 50,000 | ₹58859 | ₹65785 |
| ₹ 1 lakh | ₹117719 | ₹131570 |
| ₹ 2 lakh | ₹235438 | ₹263141 |
| ₹ 5 lakh | ₹588595 | ₹657852 |
| ₹ 10 lakh | ₹1177190 | ₹1315704 |
Compare Utkal Grameen Bank Fixed Deposit Returns with Top Banks
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 ₹5221 | ₹ 5326 |
| Income Tax on Wealth Gained | ₹ 12898 | ₹ 13092 |
Compare Utkal Grameen Bank Fixed Deposit Rates with Top Banks
| Bank Name | FD Interest Rates |
|---|---|
| 5.2% - 5.7% | |
| 5.1% - 5.6% | |
| 5.35% - 5.85% | |
| 5.65% - 6.15% | |
| 5.2% - 5.95% | |
| 5.3% - 5.8% | |
| 5.4% - 6.05% | |
| 5% - 5% | |
| 5.3% - 5.8% | |
| 5.25% - 5.75% |
Calculate Utkal Grameen Bank FD Returns
₹ 100000
Total Investment
₹5221
Wealth Gained
₹5221
Wealth Gained
₹105221
Maturity Amount
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