Tamil Nadu Grama Bank FD Interest Rates

Explore Guaranteed Return Plans

Guaranteed return plans offer assured returns and the security of life insurance coverage. These plans are an excellent option for risk-averse investors, as they are not affected by market fluctuations.

What is Tamil Nadu Grama Bank FD?

Tamil Nadu Grama Bank Fixed Deposit refers to a secure and reliable time-deposit account in which you invest your money for a set period of time and earn higher FD interest rates. This scheme allows customers, including general citizens, senior citizens, and bank staff, to grow a lump sum with guaranteed returns over a fixed period.

Comparing FDs with Other Options

While fixed deposits ensure guaranteed interest income, interest rates are lower when compared with other investment options. For example, some guaranteed return plans offer higher returns along with the added security of insurance.

Tamil Nadu Grama Bank: Key Highlights

Tamil Nadu Grama Bank Fixed Deposit Rates 2025

Here are the fixed deposit interest rates for various deposit tenures:

Tamil Nadu Grama Bank FD interest rates as of November 2025. 

Types of Tamil Nadu Grama Bank FD Schemes

Here are some of the FD / Term Deposit schemes offered by Tamil Nadu Grama Bank:

1. Short Term Deposit (STD)

   Aimed at depositors looking for shorter‑tenure deposits up to 180 days.

   • Tenure: Min. 14 days to Max. 180 days 
   • Minimum Amount: Deposit 100/ multiples of ₹ 100
   • Nomination Facility: Available 
   • Pre‑closure: Allowed (upto ₹ 15 lakh without pre‑closure charges)
   • Loan Against Deposit: Available
   • Automatic Renewal: Available

2. Regular Fixed Deposit: 

   Longer‑term deposits, typically from 12 months up to 120 months (or as per bank’s policy).

   Tenure: Min. 12 months to Max. 120 months

   Interest Payout Frequency: Monthly / Quarterly / On Maturity

   Nomination Facility: Available 

   Automatic Renewal: Available

3. Tax‑Saver Deposit (Special FD): 

   To avail tax benefit under applicable laws (subject to conditions).

   • Tenure / Lock‑in: 5 years (as per bank’s Tax Saver Deposit scheme) 
   • Maximum Amount (for tax benefit): Up to ₹ 1.5 lakh (as per Sec 80C limit)
   • Nomination Facility: Available 
   • Loan Against Deposit: Not allowed during lock‑in period of 5 years

How to Open a Tamil Nadu Grama Bank Fixed Deposit Account?

For New Customers

• Visit the nearest Tamil Nadu Grama Bank branch with KYC documents.
• Request and fill the Fixed Deposit Account Opening Form. Enter details such as name, contact, deposit amount, tenure, nominee, etc.
• Deposit the funds (cash / cheque / transfer as per bank’s acceptance) for the chosen amount. Since minimum deposit is ₹ 100, you can start small.
• Receive the deposit receipt/acknowledgement. Ensure you get a copy for your records.
  
  

For Existing Customers

If you already hold a savings or other account with Tamil Nadu Grama Bank:

• Visit the branch and request for a Fixed Deposit form or
• Use the short‑term deposit / term‑deposit option (depending on tenor) and deposit required amount.
• As per the bank’s deposit categories, both short‑term deposits and regular FDs are available to existing account holders. 

Eligibility Criteria for Opening a Tamil Nadu Grama Bank FD Account

The following categories are eligible to open an FD with Tamil Nadu Grama Bank:

• Indian residents; individuals (single or jointly)
• Existing account‑holders of Tamil Nadu Grama Bank (new or existing customers)

Documents Required to Open a Tamil Nadu Grama Bank FD Account

To open a Fixed Deposit with Tamil Nadu Grama Bank, you generally need standard KYC documents. These include:

• Identity proof (any officially valid identity: Aadhaar / PAN / Passport / Voter ID etc.)
• Address proof (if different from identity proof)
• PAN card or Form 60 (or as per bank requirement)
• Photograph (passport‑size photo)
• Additional documents if applying jointly (joint‑account declaration, nominee details etc.)

Benefits of Tamil Nadu Grama Bank Fixed Deposits

The benefits of Tamil Nadu Grama Bank FDs are: 

• Low minimum investment: You can start FD with as little as ₹ 100, making it accessible for small savers.
  Flexible tenure options: From short‑term (few weeks) to long‑term (several years), suiting different financial goals.
• Higher interest rates than savings accounts: FD returns are significantly higher than typical savings‑account interest, giving better growth for parked funds.
• Secure and stable returns: Interest rate is fixed at the time of deposit and does not depend on market volatility; ideal for risk‑averse investors.
• Convenient features: Nomination, auto‑renewal, loan/overdraft facility (for some schemes) — Adds flexibility and liquidity if needed.
  
  

Conclusion

Tamil Nadu Grama Bank Fixed Deposit offerings provide a robust, low‑risk avenue for savers — from small retail customers to long‑term depositors. With very low minimum deposit requirements, flexible tenure choices, and competitive interest rates (especially for senior citizens), TNGB FDs are suitable for both short‑term parking of funds and long-term financial planning. While returns may not match high‑yield market‑linked products, the safety, simplicity, and guaranteed returns make TNGB FD an attractive core investment option for conservative investors.