26 Sept 2026
- 1095–1824 days · General5.75% → 5.95% 0.20 pp
- 1095–1824 days · Senior6.25% → 6.45% 0.20 pp
- 730–1094 days · General5.75% → 5.90% 0.15 pp
Show all 4 changesShow fewer
- 730–1094 days · Senior6.25% → 6.40% 0.15 pp
Rates verified from official source
Odisha Grameen Bank interest rates · November 2026
OGB FD rates
All tenures, calculator and comparison →What will my FD earn at OGB?
Estimated value after 1 year · before tax
₹5,30,943
6.05% p.a. · ₹30,943 interest · quarterly compounding
Plan your recurring deposit at OGB
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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.
Overview
Odisha Grameen Bank (OGB) is a regional rural bank (RRB), headquartered in Bhubaneswar, established in 2019. Its headline 1-year FD rate of 6.05% is 0.43% below the regional rural bank average of 6.48%, ranking #815 of 1033 banks on RateScan.in.
Headquarters
Bhubaneswar
Established
2019
Monitored since
22 Sept 2026
Ownership
GoI 50%, Indian Overseas Bank 35%, Govt of Odisha 15%
Operates in
Odisha
Rates as of 1 Dec 2025, 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
No RBI press release since 1 Jan 2024 names Odisha Grameen Bank. We read RBI's press releases every week; last checked on 11 Nov 2026.
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
982 branches in 30 districts
Most branches: Mayurbhanj 78, Ganjam 77, Khordha 54
From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.
OGB rates
Every rate, tenure by tenure, and what your money grows to.
Fixed Deposit6.05%Senior citizens 6.55% · 1 yearSee rates →Recurring Deposit6.05%1 yearSee rates →Savings Account2.05%See rates →
Compare OGB FD rates with banks near you →
OGB Fixed Deposit rate changes
Changes to OGB'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.
Good to know
- Deposits with Odisha Grameen 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.
- OGB 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 OGB, depending on the tenure.
- OGB's FD table includes 1 special schemes; check eligibility and end dates.
Informational only. Always confirm the current rate on the official OGB 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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