- Fixed Deposit
- Utkal Grameen Bank
- Utkal Grameen Bank Fixed Deposit
Utkal Grameen Bank Fixed Deposit
5.45%
Interest for 3 years
Utkal Grameen Bank FD Interest Rates February 2023
| Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
|---|---|---|
| 7 days - 1 month 17 days | 2.9% | 2.9% |
| 1 month 18 days - 5 months 30 days | 3.9% | 3.9% |
| 6 months - 8 months 28 days | 4.4% | 4.4% |
| 8 months 29 days - 11 months 30 days | 4.6% | 4.6% |
| 1 year - 1 year 11 months 29 days | 5.3% | 5.8% |
| 1 year 11 months 30 days - 2 years 11 months 29 days | 5.35% | 5.85% |
| 2 years 11 months 30 days - 4 years 11 months 29 days | 5.45% | 5.95% |
| 4 years 11 months 30 days - 9 years 11 months 28 days | 5.5% | 6% |
Note: All interest rates shown below are as on 9th Jan 2023
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
-
Lock-in
-
FD Tenure
-
Loan against FD
NA
CRISIL Rating
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 | ₹ 58,859 | ₹ 65,785 |
| ₹ 1 lakh | ₹ 117,719 | ₹ 131,570 |
| ₹ 2 lakh | ₹ 235,438 | ₹ 263,141 |
| ₹ 5 lakh | ₹ 588,595 | ₹ 657,852 |
| ₹ 10 lakh | ₹ 1,177,190 | ₹ 1,315,704 |
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 | ₹ 105,431 | ₹ 108,139 |
| Total Investment Amount | ₹ 100,000 | ₹ 100,000 |
| Total Interest Gained | ₹5,431 | ₹ 8,139 |
Compare Utkal Grameen 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 Utkal Grameen Bank FD Returns
₹ 100,000
Total Investment
5,431
Wealth Gained
₹ 105,431
Maturity Amount
The flexible & tax efficient alternative to FDs.