Sarva Haryana Gramin Bank FD Rates

What is Sarva Haryana Gramin Bank FD?

Sarva Haryana Gramin Bank offers secure and reliable fixed deposits (FDs) with competitive, predetermined FD interest rates. This investment option allows customers, including general citizens, senior citizens, and bank staff, to grow a lump sum with guaranteed returns over a fixed period.

Sarva Haryana Gramin Bank Fixed Deposit: Key Highlights 

Sarva Haryana Gramin Bank FD Interest Rates 2025

Below is a detailed table showing the current Sarva Haryana Gramin Bank FD rates across different deposit slabs and tenures:

Sarva Haryana Gramin Bank Less than Rs 2.00 Crore (Callable) 

*Sarva Haryana Gramin Bank FD Rates w.e.f. September 11, 2025

Sarva Haryana Gramin Bank Rs 2 Crore to Rs 10 Crore (Callable)

*Sarva Haryana Gramin Bank FD Rates w.e.f. September 11, 2025

Types of Sarva Haryana Gramin Bank FD 

1.  Ordinary Term Deposit Scheme

   The Ordinary Term Deposit Scheme is a short-term fixed deposit for individuals and other eligible entities who want to save money for a brief period.

   • Tenure: 7 days to less than 6 months.
   • Minimum Deposit: ₹100
   • Maximum Deposit: ₹99.99 lakh
   • Premature Withdrawal: Allowed, but subject to a lower interest rate and penalty
   • Loan Facility: Loans/overdrafts are generally available

2.  Special Term Deposit Schemes

   The Special Term Deposit Scheme is a regular fixed deposit product with a longer tenure, offering multiple interest payout options and catering to both individuals and organizations.

   • Tenure: 1 year to 10 years
   • Minimum Deposit: ₹100
   • Maximum Deposit: ₹99.99 lakh
   • Interest Payout: Monthly, quarterly, or compounded quarterly interest payments
   • Loan Facility: Loans/overdraft facilities are available

3.  Anupam Term Deposit Scheme

   The Anupam Term Deposit Scheme is a specialized fixed deposit product that offers the convenience of an in-built overdraft facility, allowing depositors to access funds without breaking the deposit.

   • Minimum Deposit: ₹10,000
   • Maximum Deposit: ₹99.99 lakh
   • Overdraft facility: In-built facility, requiring no separate documentation
   • Auto-Renewal: Available for both principal and interest, or principal only
   • Premature Withdrawal: Premature cancellation is permitted.

4.  Tax Saver Fixed Deposit Scheme

   This is a fixed deposit designed to help individuals and Hindu Undivided Families (HUFs) save on their income tax under Section 80C of the Income Tax Act. It comes with a mandatory lock-in period.

   • Tax Benefit: Eligible for an income tax under Section 80C
   • Deposit Limit: Maximum deposit of ₹1.5 lakh per financial year
   • Lock-in Period: A mandatory 5-year lock-in period
   • Premature Withdrawal/Loan: Not allowed; 5-year lock-in period mandatory

Key Benefits of Sarva Haryana Gramin Bank Fixed Deposit

Here are some of the benefits of the Sarva Haryana Gramin Bank FD. Read to know more about it:

1. Safety and Security: 

   FDs are considered a safe investment option as the capital is secure and backed by a regulated banking institution.

2. Predictable Returns: 

   Unlike market-linked investments, FDs provide a predetermined rate of interest, allowing for accurate financial planning.

3. Loan Facility: 

   The option to get a loan or overdraft against the FD provides liquidity and access to funds without having to break the deposit.

4. Special Interest Rates: 

   The bank offers preferential interest rates for Senior Citizens (aged 60 and above) and Super Senior Citizens (aged 80 and above).

5. Regular Income: 

   Customers can choose a periodic interest payout to get a steady income, which is particularly beneficial for retirees. Alternatively, they can opt for a lump sum payment of principal and interest at maturity.

How to Open a Sarva Haryana Gramin Bank FD?

You can open a fixed deposit account with Sarva Haryana Gramin Bank either through their digital channels or by visiting a branch.

1. Online FD Account Opening

   For existing customers, opening a Sarva Haryana Gramin Bank FD online is a quick and convenient process. You can use the bank’s internet banking portal or mobile banking app.

   • Net banking or SHGB Mobile Banking Application: Access your account using your credentials. 
   • Navigate to Fixed Deposits: Look for the ‘Fixed Deposits’ or ‘Term Deposit’ option.
   • Open FD Account: Select the option to ‘Open Fixed Deposit (FD) A/c’ and choose the type of FD scheme 
   • Enter Details: Fill in the required details, including the deposit amount, desired tenure, and interest payout frequency.
   • Confirm: Review all the details, accept the terms and conditions, and submit your request.
   • Get FD Receipt: The system will process your request, and you will receive a digital receipt or confirmation.

2. Offline FD Account Opening

   If you prefer a traditional approach or are a new customer, you can visit any Sarva Haryana Gramin Bank branch to open your FD account.

   • Visit a Branch: Go to your nearest SHGB branch and get the Fixed Deposit application form.
   • Fill the Form: Carefully fill out the form with your personal details, investment amount, and chosen tenure.
   • Submit Documents: Provide the necessary KYC documents, such as identity proof and address proof, along with two recent passport-sized photographs.
   • Deposit Funds: Hand over the deposit amount to the bank official via cheque or cash
   • Get FD Receipt: The bank will issue a physical Term Deposit Receipt as a confirmation.

Who is Eligible to Open a Sarva Haryana Gramin Bank FD Account

Below is the eligibility criteria for the Sarva Haryana Gramin Bank FD Scheme:

• Individuals 
• Minors (age 10 and above) in their own name with proof of age
• Minors under the guardianship of a natural or legal guardian (for those below 10 years of age)
• Proprietorship/Partnership Firms
• Commercial Organizations, Companies, Corporate Bodies
• Hindu Undivided Family (HUF)
• Associations
• Clubs 
• Societies 
• Trusts, or 
• Religious/Charitable/Educational Institutions
• Government or Quasi-Government bodies, Municipalities, or Panchayats
• Illiterate and visually impaired persons can also open accounts

Key Takeaways

Sarva Haryana Gramin Bank FD offers a secure and flexible investment option for individuals and various organizations. With attractive Sarva Haryana Gramin Bank FD Rates up to 6.60% p.a. for the general citizens and up to 7.10% p.a. for the senior citizens, and with schemes like the Anupam Term Deposit and the Tax Saver FD, it caters to diverse financial needs. The ability to open an account both online and offline further enhances convenience, making it a reliable choice for those seeking guaranteed, hassle-free returns.