Rates verified from official source

Himachal Pradesh Gramin Bank interest rates · November 2026

Top FD rate
6.85%
555 Days
Senior citizen FD
7.35%
555 Days
Top RD rate
6.40%
>1 year to 2 year

HPGB FD rates

1 year6.40%Senior 6.90%3 years6.40%Senior 6.90%5 years6.25%Senior 6.75%
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What will my FD earn at HPGB?

Estimated value after 1 year · before tax ₹5,32,776 6.40% p.a. · ₹32,776 interest · quarterly compounding
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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

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Overview

Himachal Pradesh Gramin Bank (HPGB) is a regional rural bank (RRB), headquartered in Mandi, established in 2013. Its headline 1-year FD rate of 6.40% is 0.07% below the regional rural bank average of 6.47%, ranking #710 of 1033 banks on RateScan.in.

Headquarters
Mandi
Established
2013
Monitored since
22 Sept 2026
Ownership
GoI 50%, Punjab National Bank 35%, Govt of Himachal Pradesh 15%
Operates in
Himachal Pradesh

Rates as of 22 Oct 2026, verified from official source. Regional rural bank, jointly owned by the Government of India, the state government and a sponsor bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

Every RBI press release since 1 Jan 2024 that names Himachal Pradesh Gramin Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.

A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.

  1. RBI fined the bank ₹5 lakh

    RBI's reason: “for contravention of the provisions of Section 26A read with Section 51(1) of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on ‘Interest Rate on Deposits’”

    What RBI found

    “The bank had failed to: transfer eligible unclaimed amounts to the Depositor Education and Awareness Fund within the prescribed time; and pay interest on certain Term Deposits from the date of maturity till the date of their repayment.”

    RBI says: “This action is based on deficiencies in statutory and regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2026-2027/219

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

Branches across Himachal Pradesh

A regional rural bank serves its whole state. RBI's IFSC directory doesn't give a count for each district.

Head office from the bank's RBI registration.

HPGB Fixed Deposit rate changes

Changes to HPGB's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 22 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

22 Oct 2026
▲ 12 raised+0.10 to +0.15 pp
  • 440 Days · General6.60% → 6.75% 0.15 pp
  • 440 Days · Senior7.10% → 7.25% 0.15 pp
  • >3 year upto 5 year · General6.15% → 6.25% 0.10 pp
Show all 12 changesShow fewer
  • >5 year upto 10 year · General6.05% → 6.15% 0.10 pp
  • 1 year · General6.15% → 6.25% 0.10 pp
  • >1 year to 2 year · General6.30% → 6.40% 0.10 pp
  • >2 year to 3 year · General6.30% → 6.40% 0.10 pp
  • >3 year upto 5 year · Senior6.65% → 6.75% 0.10 pp
  • >5 year upto 10 year · Senior6.55% → 6.65% 0.10 pp
  • 1 year · Senior6.65% → 6.75% 0.10 pp
  • >1 year to 2 year · Senior6.80% → 6.90% 0.10 pp
  • >2 year to 3 year · Senior6.80% → 6.90% 0.10 pp
Bank's rate page ↗

See all HPGB rate changes →

Good to know

  • Deposits with Himachal Pradesh Gramin Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • HPGB is a regional rural bank, jointly owned by the Government of India, a sponsor bank and a state government, and supervised by the RBI and NABARD.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at HPGB, depending on the tenure.
  • HPGB's FD table includes 1 special schemes; check eligibility and end dates.
official Effective 22 Oct 2026 · Ingested 22 Sept 2026 · Verified 13 Nov 2026 · View source

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