The Odisha Gramya Bank brings its customers high valued interest rates on its various Fixed Deposit schemes. Be it online or offline, for opening a fixed deposit account in this bank you have a PAN Card, proof of address and identity. To open a fixed deposit for a company or establishment, one needs to provide business proof documents as well. Again fixed deposit accounts for a trust, society or foundation-specific deed of trust must be utilized.
Save upto ₹46,800 in tax under Sec 80C
Inbuilt Life Cover
Tax Free Returns Unlike FD+
BANKS | GENERAL CITIZENS | SENIOR CITIZEN |
Axis Bank FD Rates | 2.50% - 5.75% | 2.50% - 6.50% |
Bandhan Bank FD Rates | 3.00% - 5.00% | 3.75% - 5.75% |
Bank of Baroda FD Rates | 2.80% - 5.25% | 3.30% - 6.25% |
Bank of India FD Rates | 2.85% - 5.05% | 3.35% - 5.55% |
Canara Bank FD Rates | 2.90% - 5.40% | 2.90% - 5.90% |
Central Bank of India FD Rates | 2.75% - 5.00% | 2.90% - 3.25% |
DBS Bank FD Rates | 2.50% - 5.50% | 3.50% - 6.00% |
HDFC Bank FD Rates | 2.50% - 5.60% | 3.00% - 6.35% |
IDFC Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Indian Bank FD Rates | 2.90% - 5.15% | 3.40% - 5.65% |
Indian Overseas Bank FD Rates | 3.40% - 5.20% | 3.90% - 5.70% |
IndusInd Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Punjab National Bank FD Rates | 2.90% - 5.25% | 3.50% - 5.75% |
SBI FD Rates | 5.30% - 5.40% | 5.80% - 6.20% |
UCO Bank FD Rates | 2.55% - 5.05% | 3.80% - 6.30% |
Yes Bank FD Rates | 3.25% - 6.25% | 3.75% - 7.25% |
The Odisha Gramya Bank fixed deposit interest rates with effect from 12.02.2021 based on the above mentioned subjectable parameters are as follows:
Rates applicable to term deposits up to Rs. 50 lakhs (in % p.a)
Period | General | Senior Citizens |
7-14 days* | 3.00 | 3.00 |
15-29 days | 3.00 | 3.00 |
30-45 days | 3.00 | 3.00 |
46-60 days | 3.75 | 3.75 |
61-90 days | 3.75 | 3.75 |
91-120 days | 4.10 | 4.10 |
121-150 days | 4.10 | 4.10 |
151-179 days | 4.10 | 4.10 |
180-210 days | 4.65 | 5.15 |
211-270 days | 4.65 | 5.15 |
271 days to less than 1 year | 4.65 | 5.15 |
One year only | 5.70 | 6.20 |
More than 1 year to less than 2 years | 5.80 | 6.30 |
2 years to less than 3 years | 6.00 | 6.50 |
3 years to less than 5 years | 6.10 | 6.60 |
5 years & above (up to 10 yrs) | 6.10 | 6.60 |
Tax Saver Deposit Scheme | 6.10 | 6.10 |
Some of the features of Odisha Gramya Bank fixed deposit are:
Allahabad Bank FD Interest Rates
Andhra Bank FD Interest Rates
Assam Gramin Vikash Bank FD Interest Rates
AU Small Finance Bank FD Interest Rates
Axis Bank FD Rates
Bajaj Finance FD Interest Rates
Bandhan Bank FD Interest Rates
Bangiya Gramin Vikash Bank FD Interest Rates
Odisha Gramya Bank Fixed Deposit calculator is an easy-to-use, hassle-free tool that helps in quick calculation of the maturity amount and the interest earned receivable at the end of the policy tenure. By entering some basic details, you can calculate the correct FD amount. Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:
The amount that is invested
The Rate of Interest offered
The tenure of the Fixed Deposit Account
The compounding period, that is, yearly, half-yearly, quarterly, or monthly
The FD Amount
Once entered the following details, an investor will come to know:
The maturity value of the FD
The total interest earned during the complete tenure
Here are some additional features of Odisha Gramya bank’s fixed deposit scheme:
Fixed deposits are great aids during financial stress. However, one needs to conduct a self-research about the possible risks for better preparation before investing. These risks include default repayment risk, the penalty fee, prohibitions and complications on the withdrawal of tax fixed deposits before maturity despite the benefits, alteration in FD interest rates, and market policies and inflation risks.
*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable
tax slabs post 31st march 2023
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in