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  #1  
Old August 13th, 2016, 05:24 PM
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Default Bihar Gramin Gramin Bank

I want to know the Interest rate on Deposit in Bihar Gramin Bank so can you please tell me?
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  #2  
Old August 13th, 2016, 06:07 PM
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Join Date: Mar 2012
Posts: 152,258
Default Re: Bihar Gramin Gramin Bank

Bihar Gramin Bank, sponsored by UCO Bank. The Bank was established on 15th October, 2012 by amalgamating 2 RRBs namely Bihar Kshetriya Gramin Bank and Samastipur Kshetriya Gramin Bank

Interest Rates

Deposits

Interest rates on Term Deposits wef. 02nd December 2015

(A) Term Deposit less than Rs. 01 crore

For General For Senior Citizen
Interest rate p.a % Interest rate p.a. %
14 days 4.85 5.1
15 days - up to 45 days 5.35 5.6
46 days - up to 90 days 6.1 6.35
91 days and up to 180 days 7.1 7.35
181 days and up to 364 days 7.35 7.6
Up to 1 year 7.75 8
More than 1 year but up to 2 years 7.75 8.25
Above 2 years and up to 3 years 7.5 8
Above 3 years but less than 5 years 7.5 8
5 years and up to 10 years 7.5 8

* Subject to change from time to time.

The bank shall accept deposit for a period of 14 days provided the deposit amount is Rs.15 Lakh and above.

The additional rate payable on the deposits of Staff/Ex-staff/Ex-staff Sr.Citizens is as per the following:

Category Term Additional Rate Payable
Staff/Ex-Staff All Term 1.00%
Ex-Staff Sr.Citizen All Term 1.25%

The Overall amount ceiling for Ex-staff / Ex-staff Sr. Citizen to receive incentive rate shall be equal to his Terminal Benefits + Rs. 10 lacs

Term Deposit Rs. 01 crore to Rs. 05 crore

Maturity period Existing Rates (General)
Interest Rate in % p.a.
07-14 days 5
15-29 days 5.5
30-45 days 6.5
46-60 days 6.5
61-90 days 6.75
91-120 days 6.85
121-150 days 6.85
151-183 days 6.9
184-364 days 7.05
01 year 7.25
More than 01 year but up to 02 years 7.1
Above 02 years and up to 03 years 7.1
Above 03 years and less than 05 years 7.1
05 years and above 7.1

Big Tax Saver Deposit

Depositor Applicable ROI % p.a. on all fresh deposit as well as renewal of existing deposit.Rate Payable
General 7.50%
Sr.Citizen 8.00%
Staff/Ex-Staff/Ex-Staff Sr.Citizen 8.00%

Savings Bank Deposit:

Interest rate payable on savings bank deposit accounts is @ 4.00 % per anum w.e.f 03.05.2011 will remain unchanged.

Contact-

Bihar Gramin Bank
Head Office
Gramin Bank Chowk
Opp. – North HFCL gate
NH-31 Begusarai
Bihar - 851115

PHONE
06243 – 265013
06243 – 265014

FAX
06243 – 265013
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