Tripura Gramin Bank FD Interest Rates

FD schemes are risk-free term investments wherein the customers deposit their money for a defined period. For most people, FD is the easiest and reliable investment option to grow money without market risks.

Features of Tripura Gramin Bank FD 

A fixed deposit scheme receives a higher interest rate than a regular savings account. If you have a little extra money in your savings account, you can open a fixed deposit and grow it at defined interest rates.

Tripura Gramin Bank Fixed Deposit scheme offers a range of benefits to its customers. They are as follows: 

• Tripura Gramin Bank offers fixed deposit schemes for 7 days to 10 years. 
• Depending on the tenure, the interest rates change. The longer you put the money in the FD, the higher interest rates you receive on your money. 
• Customers are eligible for a tax benefit of up to Rs 1, 50,000 under Section 80C of the Income Tax Act.
• Customers are eligible for partial withdrawal and auto-renewal facilities.
• The bank has a convenient way of opening an FD account. The customer can visit a physical branch or visit the bank’s website and open an FD account online.
• Tripura Gramin Bank Fixed Deposit account offers options of easy and fast liquidity. 
• It provides additional benefits to senior citizens in higher interest rates on specific fixed deposit plans.
• The tenure of fixed deposit plans spans from 7 days to 10 years.
• There is no restriction on the maximum amount in a fixed deposit.
• Tripura Gramin Bank offers flexible interest payout options such as monthly, quarterly, or yearly payout.

Tripura Gramin Bank Fixed Deposit Interest Rates 2021

Here are the latest Tripura Gramin Bank fixed deposits:

Tripura Gramin Bank Fixed Deposit Rates: Things to Know

A few things customers must know about Tripura Gramin Bank FD rates are:

• Tripura Gramin Bank offers competitive interest rates on FD plans. The rates range from 3.35% to 5.30% as per the period for which the FD has been made. 
• The bank offers attractive interest rates for different terms. For example, an FD for 30 days receives a flat 3.5% interest. Money deposited for more extended periods gets even higher interest rates.     
• Senior citizens enjoy higher interest rates on specific terms.  
• The bank offers an overdraft facility up to 85% of the amount in the FD account.

Summing it Up 

Tripura Gramin Bank offers competitive interest rates to its customers who deposit their money in its FD plans. It is easy to open an FD account with Tripura Gramin Bank. However, it is recommended to analyze the current fixed deposit rates before deciding to open an FD account with any bank.