MPGB Savings Account Rates: up to 2.70%

MPGB's best Savings Account rate is 2.70% (Any balance), 2.30 points below the best on the market (5.00%).

Tenure	General	Senior	Applies to	Effective On	Source
Any tenure	2.70%	2.70%	Any balance	25 Sept 2026	official fetched 22 Sept 2026 ✓ verified 19 Oct 2026

Higher Savings Account rates than MPGB

14 banks serving Madhya Pradesh pay more. Top picks:

Co-operative Highest JSKB Betul 5.00% +2.30% vs MPGB Private Bandhan 4.85% +2.15% vs MPGB Payments Bank Fino 4.50% +1.80% vs MPGB

See every higher rate in Madhya Pradesh →

MPGB Savings rate changes

Changes to MPGB's savings account 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.

No change to MPGB's savings account rates has been recorded since tracking started on 22 Sept 2026.

MPGB Savings: frequently asked questions

What is the highest MPGB Savings interest rate?

As of 19 Oct 2026, Madhya Pradesh Gramin Bank offers up to 2.70% p.a. on its savings account (Any balance) for general customers. Rates below are as published by the bank — confirm with MPGB before investing.

See today's top interest rates →

When did MPGB last change its Savings rates?

RateScan.in has recorded no change to Madhya Pradesh Gramin Bank's savings account rates since it started tracking them on 22 Sept 2026.

Rate movements →

Is my savings account with MPGB insured?

Deposits with Madhya Pradesh Gramin Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these MPGB rates?

RateScan.in refreshed this dataset on 19 Oct 2026; the bank's rates shown here are effective 25 Sept 2026. Rates can change without notice, so verify on the official MPGB website before investing.

Rate movements →

More MPGB rates

MPGB overview MPGB Fixed Deposit rates MPGB Recurring Deposit rates

Savings rates at other banks

ESAF Savings rates IOB Savings rates Jana Savings rates Surat Peoples Bank Savings rates Bandhan Savings rates South Indian Savings rates TNGB Savings rates APCOB Savings rates JSKB Betul Savings rates P&S Savings rates Best Savings rates across all banks

Good to know

Deposits with Madhya 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.
MPGB 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 MPGB, depending on the tenure.
MPGB's FD table includes 1 special schemes; check eligibility and end dates.

Informational only — always confirm the current rate on the official MPGB 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.

Madhya Pradesh Gramin Bank Savings Account interest rates · October 2026