Tamil Nadu Grama Bank is an associate of the Indian Bank that has more than 630 branches all across the state of Tamil Nadu. A fixed deposit account is an account where you deposit a particular sum of money in the bank for a particular period and earn a fixed rate of interest on it. One can easily open a fixed deposit account to start the investment.Read more
Save upto ₹46,800 in tax under Sec 80C
Inbuilt Life Cover
Tax Free Returns Unlike FD
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
|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 fixed deposit plan offered by Tamil Nadu Grama Bank is available for all the general public, which includes individuals, NRIs, minors, proprietary firms, LLP firms, partnership firms, a company, and even trusts.
The Tamil Nadu Grama Bank fixed deposit facility is open for the general public who can open an account with just Rs. 100. There is no maximum amount limit for deposit. The more you invest, the higher the FD interest rate will be.
Here are the fixed deposit interest rates for various deposit tenures:
|Period||Below Rs.1 Cr|
|15 days to 29 days||3.50%|
|30 days to 45 days||3.50%|
|46 days to 90 days||4.00%|
|91 days to 180 days||4.50%|
|181 days to 1 year||5.00%|
|1Yr to less than 2Yr||5.75%|
|2Yr to less than 3Yr||5.65%|
|3Yr to less than 5Yr||5.65%|
|5Yr and above||5.65%|
|Tax Saver(Upto Rs1.50lakhs)||5.65%|
|Term Deposit Rs.1Cr and above||Contact HO through RO|
Tamil Nadu Grama Bank Fixed Deposit schemes have various benefits to customers. They are as follows:
Tamil Nadu Grama 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
Some of the things to learn about Tamil Nadu Grama Bank fixed deposit rates are:
Tamil Nadu Grama Bank offers an easy and convenient banking facility for its fixed deposit accounts and a competitive interest rate. However, the interest rates and savings are subject to changes introduced by the RBI and Income tax department.
It is advisable to make a prior inquiry of the prevailing FD rates directly from the bank before opening a fixed deposit account.
Rate of Interest (Yearly)
22 Aug 2022One traditional investment scheme popular amongst every...
05 Jul 2022Every individual wishes to have a secure future with no...
21 Jun 2022Tax Saver Fixed Deposit is a type of fixed deposit scheme. The...
15 Jun 2022Axis Bank offers a bouquet of fixed deposit products, which you...
14 Jun 2022ICICI offers various fixed deposit schemes which are highly...