As of 5 Oct 2026, Tamil Nadu Grama Bank offers up to 7.00% p.a. on its recurring deposit (RD) (2 years to less than 3 years) for general customers and 7.50% p.a. (2 years to less than 3 years) for senior citizens. Rates below are as published by the bank — confirm with TNGB before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 year to less than 2 years |
6.85% | 7.35% | Any amount | 11 May 2026 under verification |
official fetched 26 Sept 2026 |
|
2 years to less than 3 years |
7.00% | 7.50% | Any amount | 11 May 2026 under verification |
official fetched 26 Sept 2026 |
|
3 years to less than 5 years |
6.70% | 7.20% | Any amount | 11 May 2026 under verification |
official fetched 26 Sept 2026 |
|
5 years and above |
6.70% | 7.20% | Any amount | 11 May 2026 under verification |
official fetched 26 Sept 2026 |
As of 5 Oct 2026, Tamil Nadu Grama Bank offers up to 7.00% p.a. on its recurring deposit (RD) (2 years to less than 3 years) for general customers and 7.50% p.a. (2 years to less than 3 years) for senior citizens. Rates below are as published by the bank — confirm with TNGB before investing.
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Tamil Nadu Grama Bank, depending on the tenure.
Deposits with Tamil Nadu Grama Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 11 May 2026. Rates can change without notice, so verify on the official TNGB website before investing.
Deposits with Tamil Nadu Grama 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 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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