Odisha Grameen Bank (OGB) is a nationalised public sector bank, headquartered in Bhubaneswar, established in 2019. Its headline 1-year FD rate of 6.05% is −0.53% below the public sector average of 6.58%, ranking #27 of 28 public sector banks.
Rates as of 1 Dec 2025, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.
Estimate returns at OGB (quarterly compounding)
Rates for deposits below ₹3 crore · General / Senior / Super 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.
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 | Super Sr. | Trend | Applies to |
|---|---|---|---|---|---|
7 days to 14 days |
2.65% | 2.65% | 2.65% | — | Below ₹1 crore |
15 days to 29 days |
2.75% | 2.75% | 2.75% | — | Below ₹1 crore |
30 days to 45 days |
2.75% | 2.75% | 2.75% | — | Below ₹1 crore |
46 days to 60 days |
2.75% | 2.75% | 2.75% | — | Below ₹1 crore |
61 days to 90 days |
2.75% | 2.75% | 2.75% | — | Below ₹1 crore |
91 days to 120 days |
3.75% | 3.75% | 3.75% | — | Below ₹1 crore |
121 days to 150 days |
4.00% | 4.00% | 4.00% | — | Below ₹1 crore |
151 days to 179 days |
4.00% | 4.00% | 4.00% | — | Below ₹1 crore |
180 days to 210 days |
4.50% | 5.00% | 5.25% | — | Below ₹1 crore |
211 days to 270 days |
4.50% | 5.00% | 5.25% | — | Below ₹1 crore |
271 days to less than 1 year |
4.75% | 5.25% | 5.50% | — | Below ₹1 crore |
1 year |
6.05% | 6.55% | 6.80% | — | Below ₹1 crore |
More than 1 year to less than 2 years |
6.00% | 6.50% | 6.75% | — | Below ₹1 crore |
2 years to less than 3 years |
5.90% | 6.40% | 6.65% | Below ₹1 crore | |
3 years to less than 5 years |
5.95% | 6.45% | 6.70% | Below ₹1 crore | |
5 years to less than 8 years |
5.85% | 6.35% | 6.60% | — | Below ₹1 crore |
Tax Saver Deposit Scheme (5 years) Tax Saver |
5.85% | 5.85% | 5.85% | — | Below ₹1 crore |
8 years and above (up to 10 years) |
5.75% | 6.25% | 6.50% | — | Below ₹1 crore |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
1 year |
6.05% | 6.55% | — | Any amount |
More than 1 year to less than 2 years |
6.00% | 6.50% | — | Any amount |
2 years to less than 3 years |
5.90% | 6.40% | — | Any amount |
3 years to less than 5 years |
5.95% | 6.45% | — | Any amount |
5 years to less than 8 years |
5.85% | 6.35% | — | Any amount |
8 years and above (up to 10 years) |
5.75% | 6.25% | — | Any amount |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
Any tenure |
2.05% | 2.05% | — | Any balance |
Deposits with Odisha Grameen 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 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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