If you are looking for a Gramin Bank in Bihar which provides you all the banking as well as financial facilities then Bihar Gramin Bank can be one of the best gramin banks. Sponsored by Uco Bank, it provides transparent, efficient and affordable banking and financial services at the door steps of its customers, even in the remotest and unbanked areas of Bihar through its branches spread across 9 districts of Bihar.
Bihar Gramin Bank offers all the banking products and services to its customers such as Deposits, Loans, NRI Services, Kisan Credit Cards, Debit Cards, Lockers, ATM facility, Online Banking, and many more. You will find below segment-wise details of Bihar Gramin Bank.
The rate of interest of Bihar Gramin Bank Savings Bank Account is 4% p.a. calculated on daily basis. Some additional benefits will be given to savings account holders like Debit Card facility, bank account statement, passbook, cheque book, facility of standing instructions, online banking, RTGS/ NEFT, etc.
Tenure: from 14 days to 10 years
Given below is the table for Term Deposit/ Fixed Deposit (FD) interest rate by the Bihar Gramin Bank as on Oct, 2017:
Tenure | Interest Rate p.a. (%) |
---|---|
14 days | 4.5 |
15 days to 29 days | 5 |
30 days to 45 days | 5 |
46 days to 60 days | 6 |
61 days to 90 days | 6 |
91 days to 180 days | 6.50 |
181 days to 269 days | 6.90 |
270 days to 364 days | 6.90 |
1 year | 7 |
Above 1 year but less than 2 years | 6.90 |
2 years to 3 years | 6.90 |
Above 3 years to less than 5 years | 6.75 |
5 years and upto 10 years | 6.75 |
Tenure: from 7 days to 10 years
Given below is the table for Term Deposit/ Fixed Deposit (FD) interest rate by the Bihar Gramin Bank for Senior Citizen as on Oct, 2017
Tenure | Interest Rate p.a. (%) |
---|---|
14 days | 4.75 |
15 days to 29 days | 5.25 |
30 days to 45 days | 5.25 |
46 days to 60 days | 6.25 |
61 days to 90 days | 6.25 |
91 days to 180 days | 6.75 |
181 days to 269 days | 7.15 |
270 days to 364 days | 7.15 |
1 year | 7.25 |
Above 1 year but less than 2 years | 7.40 |
2 years to 3 years | 7.40 |
Above 3 years to less than 5 years | 7.25 |
5 years and upto 10 years | 7.25 |
Recurring deposit is a product which is best suited for salaried and regular income groups with monthly saving of specified amount for a fixed period. Recurring deposits accounts with Bihar Gramin Bank are available for the period from 1 Year to 10 years with attractive interest rates.
Given below is the table for Recurring Deposit (RD) interest rate by the Bihar Gramin Bank
Recurring Deposit (RD) | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | 10 Years |
---|---|---|---|---|---|---|
Interest | 7 | 6.90 | 6.90 | 6.75 | 6.75 | 6.75 |
Senior Citizens are offered more interest rate on RDs.
Given below is the table for Recurring Deposit (RD) interest rate by the Bihar Gramin Bank for Senior Citizen
Recurring Deposit (RD) | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | 10 Years |
---|---|---|---|---|---|---|
Interest | 7..25 | 7.40 | 7.40 | 7.25 | 7.25 | 7.25 |
It is designed for claiming Tax benefits under Sec 80 C of IT Act,1961 for common public account may be opened with Min Amount:Rs.1,000 Max Amount:Rs.1.5 Lakhs. Maturuty is after 5 years. On maturity of the period payment is made with compounding of interest. The interest rate for general customer is 6.75% & for senior citizen 7.25%.
Current account is useful for individual businessmen, Firms, Industrialists, Contractors, Institutions etc.
The bank offers following deposit products to suit different classes of customers:
Bihar Gramin Bank BIG KISHOR: This scheme is introduced for providing MUDRA Loan above Rs. 50,000 and upto 1 Lakh
Bihar Gramin Bank General Credit Card: In order to provide loans for general credit needs to our individual customers in the rural & Semi urban areas in a hassle free manner based on the assessment of cash flow of the entire household without insistence on security.
Bihar Gramin Bank BIG FARM MECHANISATION: Loan for Tractors/Harvestors and other Agriculture implement.
Bihar Gramin Bank SHG: To meet the financial need of Self Help Group.
Bihar Gramin Bank BIG- DOCTOR: Loan is provided to the doctors for equipments & nurshing home.
Bihar Gramin Bank BIG SECURITY: In order to meet the financial needs of an individual for domestic/business related purposes LLoan against Bank Deposit/ NSC/ KVP/ LIC Policy.
Bihar Gramin Bank BIG SHISHU: To provide MUDRA Loan upto Rs. 50,000.
Bihar Gramin Bank BIG VYAPAR: To provide Loan for Traders.
Bihar Gramin Bank BIG TRANSPORT: To provide Loan for Transport.
Bihar Gramin Bank BIG CONSUMER: To provide loan to purchase consumer durable item for personnel use.
Bihar Gramin Bank BIG CASH: To provide Cash loan for salaried class.
To provide financial support for construction of the house or to purchase a ready built house, loan for extension and application for repairs and renovation may also be accepted.
FIXED INTEREST RATE | TENURE | LOAN AMOUNT |
---|---|---|
10.20% | Repayment period will be decided by the bank on case to case basis | Quantam of loan will depend upon the repaying capacity of the borrower |
Here full details of Home Loan are not mentioned. Please click here to see complete details of home loan by by Bihar Gramin Bank.
Please click here to get the details of 10 Best Gramin Banks for providing lowest interest rates.
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For purchase of new vehicle i.e. car/ jeep/Multi Utility Vehicle (MUV) for personal use only. Second hand vehicle of the above categories, which is not more than three years old, may also be purchased under this scheme. The details are as follows:
INTEREST RATE | LOAN TENURE | LOAN AMOUNT |
---|---|---|
10.45% | 5 to 7 years | Will be decided by the bank |
You may be interest in calculating EMI on the loan amount. For it, just CLICK HERE
To provide term loan for purchasing two wheeler. All creditworthy customers having sufficient income to repay the loan instalments. The details are as follows:
INTEREST RATE | LOAN TENURE | LOAN AMOUNT |
---|---|---|
10.45% | Upto 5 years | Will be decided by the bank |
To extend credit support to meet the urgent need of Kisans. Interest rate is 7% upto 3 lakhs.
To extend credit support to meet the needs of Solar Home Lighting. Interest rate is 11.75% to 12.25%.
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