Gramin Banks Fixed Deposit Interest Rates (as on Mar 2019)

Gramin Banks (Regional Rural Banks (RRBs)) which are Indian scheduled banks operate in different States of the country at regional level. They provide basic banking and financial products and services primarily in the rural areas. The area of operation of RRBs is restricted to the area as notified by Government covering one or more districts in the State. Gramin Banks offer you Fixed Deposits for period ranging from 7 days to 10 years at attractive rate of interests. Gramin Banks also offer Recurring Deposit Account.

If you are planning to deposit amount in a fixed deposit scheme in a gramin bank operating in your area, you need to look at two major parameters: interest rate and tenure. Other factors are convenience and penalty on premature withdrawal.

Table appearing below will help you in viewing interest rates offered by different Gramin Banks for a period of 1 year. If you want to get FD interest rates of all the tenures offered by a particular bank, you need to click on "FD Interest Rates" button against that bank. You can also use FD Interest Calculator to get to know your FD's maturity value and interest earned.

Gramin Banks Fixed Deposit Interest Rate Mar 2019

Bank TenureFD Interest Rate (p.a.)Find Interest RatesCalculate
Kashi Gomti Samyut Gramin Bank12 Months9.05%
Chaitanya Godavari Grameena Bank12 Months8.00%
Saurashtra Gramin Bank12 Months7.65%
Kerala Gramin Bank12 Months7.50%
Pandyan Grama Bank12 Months7.35%
Jammu And Kashmir Grameen Bank12 Months7.30%
Pragathi Krishna Gramin Bank12 Months7.30%
Rajasthan Marudhara Gramin Bank12 Months7.25%
Andhra Pragathi Grameena Bank12 Months7.25%
Puduvai Bharathiar Grama Bank12 Months7.25%
Telangana Grameena Bank12 Months7.25%
Pallavan Grama Bank12 Months7.15%
Saptagiri Grameena Bank12 Months7.10%
Andhra Pradesh Grameena Vikas Bank12 Months7.10%
Tripura Gramin Bank12 Months7.05%
Prathama Bank12 Months7.05%
Punjab Gramin Bank12 Months7.00%
Ellaquai Dehati Bank12 Months7.00%
Karnataka Vikas Grameena Bank12 Months7.00%
Sarva Haryana Gramin Bank12 Months7.00%
Sutlej Kshetriya Gramin Bank12 Months7.00%
Malwa Gramin Bank12 Months7.00%
Narmada Jhabua Gramin Bank12 Months6.85%
Baroda Rajasthan Kshetriya Gramin Bank12 Months6.85%
Baroda Up Gramin Bank12 Months6.80%
Allahabad Up Gramin Bank12 Months6.80%
Utkal Grameen Bank12 Months6.80%
Maharashtra Gramin Bank12 Months6.80%
Kaveri Grameena Bank12 Months6.80%
Central Madhya Pradesh Gramin Bank12 Months6.75%
Meghalaya Rural Bank12 Months6.75%
Mizoram Rural Bank12 Months6.75%
Dena Gujarat Gramin Bank12 Months6.75%
Odisha Gramya Bank12 Months6.75%
Chhattisgarh Rajya Gramin Bank12 Months6.70%

One of the popular instruments to invest your savings is Bank Fixed Deposit. Bank deposit is considered a safe avenue which provides much better returns than a savings account. Apart from that, it is very easy to open the FD account with any bank. In a Fixed Deposit Account, you need to deposit a lump sum amount for a fixed period at prevailing rate of interest. When the FD tenure ends, you will receive the amount you have invested along with the compound interest thereon. Fixed Deposits are also known as term deposits.

Nomination facility is also available in the bank fixed deposit account.

There is also a facility that you can take a loan against your Fixed Deposits when you need funds. Fixed Deposit is considered as a safe and risk-averse investment.

Upcoming Bank Holidays

2019 April 01 is a bank holiday in Andaman And Nicobar Island due to Annual Closing Of Bank Accounts.
2019 April 01 is a bank holiday in Bihar due to Yearly Closing Of Bank Accounts.
2019 April 01 is a bank holiday in Daman And Diu due to Annual Closing Of Bank Account.
2019 April 01 is a bank holiday in Goa due to Yearly Closing Of Bank Account.
2019 April 05 is a bank holiday in Andhra Pradesh due to Babu Jagjivan Ram's Birthday.
2019 April 06 is a bank holiday in Goa due to Gudi Padava.

Highest FD Interest Rates

Bank NameTenureInterest(p.a.)
Esaf Small Finance Bank 12 Months8.75%
North East Small Finance Bank 12 Months8.50%
Suryoday Small Finance Bank12 Months8.50%
Utkarsh Small Finance Bank12 Months8.50%
Equitas Small Finance Bank 12 Months8.50%
Ujjivan Small Finance Bank 12 Months8.30%
Indusind Bank12 Months8.00%
Fincare Small Finance Bank Ltd12 Months8.00%
Rbl Bank 12 Months8.00%
The Nainital Bank 12 Months7.90%

Senior Citizen FD Interest Rates

Bank NameTenureInterest(p.a.)
Esaf Small Finance Bank 1 Year9.25%
North East Small Finance Bank 1 Year9.00%
Suryoday Small Finance Bank1 Year9.00%
Utkarsh Small Finance Bank1 Year9.00%
Equitas Small Finance Bank 1 Year9.25%
Ujjivan Small Finance Bank 1 Year8.80%
Indusind Bank1 Year8.50%
Fincare Small Finance Bank Ltd1 Year8.50%
Rbl Bank 1 Year8.50%
The Nainital Bank 1 Year8.40%

Related Blogs

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How To Earn More Than 9.50% On Bank Fixed Deposits? Facts That You Might Not Be Aware Of
What Is Laddering Of Bank Fixed Deposits?
Small Finance Bank (sfb) Offering Highest Interest @9.5% On Term Deposits/ Fixed Deposits
Bihar Gramin Bank Details Of Fixed Deposit @7%, Home Loan @10.20%, Car Loan @10.45% Two Wheeler Loan @10.45% As On Oct, 2017
Central Madhya Pradesh Gramin Bank Latest Oct 2017 Fixed Deposit @ 6.75%, Home Loan @ 9.90%, Car Loan @11% Two Wheeler Loan @11%
Allahabad Up Gramin Bank Latest Oct 2017 Latest Fixed Deposit @ 6.80%, Home Loan @ 10.75%, Car Loan @10.75% Two Wheeler Loan @12.50%
Why Select Debt Fund Over Bank Fixed Deposit : 10 Reasons
State Bank Of India Cuts 1 Year Fixed Deposit Rate (fd) Rate From 6.75% To 6.50%
Is It Beneficial To Invest In Bank Fixed Deposit (fd)

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