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Interest Rates Structure :

Domestic Term Deposit Interest Rates :

Sr.No. Period Interest Rate
(Below Rs 1.00 cr)
w.e.f. 24.11.2016 (%)

1.

07 - 14 Days

5.00

2.

15 - 30 Days

5.00

3.

31 - 45 Days

5.00

4.

46 - 90 Days

6.00

5.

91 - 179 Days

6.50

6.

180 days to less than 1 year

6.55

7.

1 Year

6.90

8.

MAHALAXMI SCHEME -
100 days
190 days
444 Days
666 days
3 Yr. Mahalaxmi (RD SCHEME)


6.60
6.75
6.95
7.00
7.00

9.

Above 1 Year to Less Than 2 Years

6.95

10.

2 Year to Less Than 3 Years

6.90

11.

3 Years (MAHALAXMI)

6.95

12.

Above 3 Years to less than 5 Years

6.55

13.

5 Years to 10 Years

6.55

14.

TAX SAVER SCHEME (*)

- For 5 years to 10 years



6.50



                                                                                   

(*) Bank Term Deposit Tax Saver Schemes (Minimum Period 5 Years) will be as per the Interest Rate mentioned above and upto investment of Rs.1.50 lakh only in a Financial Year.

- The deposit equal to or above  1.00 crore should be through a single Deposit Receipt.

 - For terms&conditions and any other details,please contact your nearest Maharashtra Gramin Bank Branch.

 - Rates are subject to change without any prior notice.

 **. For Fixed/Cumulative Deposit with value of more than or equal to Rs. 1 Crore,please visit our branch.

 **. Interest rates are subject to change at the sole discretion of the bank. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank.

- The senior citizens (Age 60 year & above) will be eligible for 0.50 % additional interest rate for the term deposit of less than
Rupees one crore for all maturity slabs of 91 days & above.








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