Rates verified from official source

Odisha Grameen Bank Recurring Deposit interest rates · October 2026

As of 5 Oct 2026, Odisha Grameen Bank offers up to 6.05% p.a. on its recurring deposit (RD) (1 year) for general customers and 6.55% p.a. (1 year) for senior citizens. Rates below are as published by the bank — confirm with OGB before investing.

Recurring Deposit rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies toAs ofSource
1 year
6.05% 6.55% Any amount
1 Dec 2025
official
fetched 26 Sept 2026
✓ verified 5 Oct 2026
More than 1 year to less than 2 years
6.00% 6.50% Any amount
1 Dec 2025
official
fetched 26 Sept 2026
✓ verified 5 Oct 2026
2 years to less than 3 years
5.90% 6.40% Any amount
1 Dec 2025
official
fetched 26 Sept 2026
✓ verified 5 Oct 2026
3 years to less than 5 years
5.95% 6.45% Any amount
1 Dec 2025
official
fetched 26 Sept 2026
✓ verified 5 Oct 2026
5 years to less than 8 years
5.85% 6.35% Any amount
1 Dec 2025
official
fetched 26 Sept 2026
✓ verified 5 Oct 2026
8 years and above (up to 10 years)
5.75% 6.25% Any amount
1 Dec 2025
official
fetched 26 Sept 2026
✓ verified 5 Oct 2026
Source ↗

OGB Recurring Deposit: frequently asked questions

What is the highest OGB Recurring Deposit interest rate?

As of 5 Oct 2026, Odisha Grameen Bank offers up to 6.05% p.a. on its recurring deposit (RD) (1 year) for general customers and 6.55% p.a. (1 year) for senior citizens. Rates below are as published by the bank — confirm with OGB before investing.

Do senior citizens get higher Recurring Deposit rates at OGB?

Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Odisha Grameen Bank, depending on the tenure.

Is my recurring deposit (RD) with OGB insured?

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

How current are these OGB rates?

RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 1 Dec 2025. Rates can change without notice, so verify on the official OGB website before investing.

Good to know

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.