West Bengal Gramin Bank FD Rates 2025

Guaranteed Returns - Higher Than FDs

Like FDs, guaranteed return plans, where available, offer fixed returns and predictable payouts. Such plans provide assured returns that often exceed regular FD rates, plus optional life-cover or insurance benefits, making them attractive for risk-averse investors seeking steady returns with security.

What is a West Bengal Gramin Bank Fixed Deposit?

A West Bengal Gramin Bank (WBGB) Fixed Deposit allows you to deposit a lump sum amount for a fixed tenure and earn interest at a predetermined rate. During this period, your deposit earns fixed returns, regardless of market fluctuations. WBGB accepts deposits from individuals, proprietorships, firms, companies, HUFs, trusts, societies, and other eligible entities. On maturity, depositors receive the principal along with accrued FD interest rates. Deposit accounts come with a nomination facility. Auto-renewal is available if no maturity instructions are given, thereby extending the deposit for another term.

Comparing FDs with Other Options

Fixed Deposits with West Bengal Gramin Bank offer guaranteed returns and capital protection, a big advantage over market-linked instruments which carry volatility. While other savings or investment products might promise higher returns, they come with higher risk or uncertainty. For those prioritizing safety and certainty, especially senior citizens or retirees, FDs remain a dependable choice.

West Bengal FD Rates 2025– Highlights

West Bengal Gramin Bank FD Rates 2025

The FD rates offered by West Bengal Gramin Bank are:

*Interest rates w.e.f September 01, 2025.

How to Open a West Bengal Gramin Bank Fixed Deposit Account?

1. For New Customers:

   Step 1: Visit your nearest West Bengal Gramin Bank branch. Provide required KYC documents (identity, address proof, age proof, PAN, etc.).

   Step 2: Fill out the Term Deposit application form with deposit amount, tenure, interest payout/maturity instructions, nominee details.

   Step 3: Submit the deposit amount (cash/cheque/transfer).

   Step 4: On successful processing, you’ll receive a Fixed Deposit Receipt (TDR).

2. For Existing Customers:

   Step 1: Log in to West Bengal Gramin Bank’s mobile banking or internet banking (if enabled).

   Step 2: Go to the “Fixed Deposits / Term Deposits” section. Select “Open FD”.

   Step 3: Enter deposit amount, tenure, payout/maturity instructions, nominee details.

   Step 4: Transfer funds from savings account. Confirm and submit.

   Step 5: Download or save FD Advice / Receipt for records.

Eligibility Criteria for Opening a West Bengal Gramin Bank FD 

Eligible account holders include:

• Resident Individuals (adults or minors via guardian)
• Proprietorship firms
• Partnership firms
• Private / Public limited companies
• Hindu Undivided Families (HUFs)
• Trusts, societies, clubs, associations
• Government departments / bodies / authorities as permitted by the bank

Documents Required to Open a West Bengal Gramin Bank FD

You generally need to submit:

• Proof of Identity (e.g. Aadhaar, passport, voter ID, PAN)
• Proof of Address
• Proof of Date of Birth (for age verification)
• PAN (especially if deposit amount triggers higher interest payout or as required by bank)
• Nominee details (if nomination chosen)
• Other documents depending on depositor type (e.g. firm deed for partnership, trust deed for trust, incorporation papers for companies)

Benefits of West Bengal Gramin Bank Fixed Deposits

The benefits of West Bengal Gramin Bank Fixed Deposits are: 

• Guaranteed Returns & Capital Safety: Fixed interest irrespective of market conditions ensures predictable earnings and provides customers with interest rates better than savings accounts. 
• Flexibility of Tenure: Ability to choose from short-term to long-term based on your financial goals.
• Senior Citizen Advantage: Additional interest benefit for eligible senior citizens on certain slabs.
• Auto-renewal & Nomination Facility: Ease of reinvestment after maturity and secure succession planning.
• Accessibility: Deposits can be made by individuals, firms, companies, trusts, etc., offering wide eligibility and financial inclusion.

Conclusion

West Bengal Gramin Bank’s Fixed Deposit offerings present a reliable and secure savings option, especially for those who prioritise stability and predictable returns over market-linked volatility. With interest rates ranging from as low as 3.00% p.a. for very short-term deposits to 6.70% p.a. for longer-term deposits, and extra benefits for senior citizens, WBGB FDs remain a worthy consideration for investors. The bank’s simple deposit process, wide eligibility, and features like auto-renewal and nomination facility further enhance their appeal for both individual and institutional savers.