Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.
Tamil Nadu Grama Bank (TNGB) is a regional rural bank (RRB), headquartered in Salem, established in 2019. Its headline 1-year FD rate of 6.85% is 0.40% above the regional rural bank average of 6.45%, ranking #441 of 1033 banks on RateScan.in.
Rates as of 11 May 2026, 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.
No RBI press release since 1 Jan 2024 names Tamil Nadu Grama 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 across Tamil Nadu
A regional rural bank serves its whole state. RBI's IFSC directory doesn't give a count for each district.
Head office from the bank's RBI registration.
Every rate, tenure by tenure, and what your money grows to.
Changes to TNGB'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.
Informational only. Always confirm the current rate on the official TNGB 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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