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Interest Rates

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Deposit Interest Rates

Interest rates for Deposits accepted/renewed by Maharashtra Gramin Bank
Sr.No. Period (For deposite below Rs. 1.75 Crore) Interest Rate % w.e.f. 22.03.2022
1 07 - 14 Days 3.00
2 15 - 30 Days 3.00
3 31 - 45 Days 3.00
4 46 - 90 Days 3.90
5 91 - 179 Days 4.00
6 180 - less than 1 year 4.50
7 1 Year 5.20
8 Above 1 Year to Less Than 2 Years 5.20
9 2 Years to Less Than 3 years 5.20
10 Above 3 Years to Less Than 5 Years 5.20
11 5 Years to 10 Years 5.20
12 Tax Saver Schemes * (For 5 Years to 10 Years) 5.20
For Interest Rates of Single Domestic Term Deposits Greater than or Equals to Rs 1.75 Crore to Below 2.00 Crore.Kindly Contact to Nearest Branch.
For Interest Rates of Single Domestic Term Deposits of 2.00 Crore & Above.Kindly Contact to Nearest Branch.

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

Premature payment of Term Deposits -