Meghalaya Rural Bank (MegRB) is a nationalised public sector bank, headquartered in Shillong, established in 1976. Its headline 1-year FD rate of 6.60% is +0.04% above the public sector average of 6.56%, ranking #12 of 28 public sector banks.
Rates as of 22 Sept 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.
Estimate returns at MegRB (quarterly compounding)
Rates for deposits below ₹3 crore · General vs Senior · trend over time
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
No additional super-senior premium — showing Senior rates.
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
7-45 days |
3.00% | 3.50% | Any amount | |
46 to 180 days |
4.50% | 5.00% | Any amount | |
46–90 days |
4.25% | 4.75% | Any amount | |
91–180 days |
5.25% | 5.75% | Any amount | |
181 days and less than 1 Year |
5.50% | 6.00% | Any amount | |
365 days or 1 year |
6.00% | 6.50% | Any amount | |
more than 1year and less than 3 years |
6.50% | 7.00% | Any amount | |
1 year to < 2 years |
6.60% | 7.10% | Any amount | |
2 years to < 3 years |
6.25% | 6.75% | Any amount | |
3 years and less than 5 years |
6.75% | 7.25% | Any amount | |
5 years and upto 10 years |
6.25% | 6.75% | Any amount |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
365 days or 1 year |
6.00% | 6.50% | Any amount | |
more than 1year and less than 3 years |
6.50% | 7.00% | Any amount | |
3 years and less than 5 years |
6.75% | 7.25% | Any amount | |
5 years and upto 10 years |
6.25% | 6.75% | Any amount |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
Any tenure |
2.70% | 2.70% | Any balance |
Deposits with Meghalaya Rural Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official MegRB website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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