The Assam Gramin Vikash Bank (AGVB) is a regional rural bank (RRB) that is owned by the Ministry of Finance and is the only RRB in Assam. The bank offers fixed deposit schemes for its customers at lucrative rates of interest of up to 6% p.a. The FD schemes can be availed for a period of 7 days to 10 years.
AGVB Fixed Deposit Interest Rates: For General Public
Domestic Rates for Deposits of up to Rs.1 Crore
| Tenure | Rate of Interest (% p.a.) - Up to Rs.1 crore |
|---|---|
| 7 days to 14 days (Bulk deposits only) | 3.25% p.a. |
| 15 days to 29 days | 3.25% p.a. |
| 30 days to 45 days | 3.25% p.a. |
| 46 days to 60 days | 4.00% p.a. |
| 61 days to 90 days | 4.00% p.a. |
| 91 days to 179 days | 4.00% p.a. |
| 180 days | 4.60% p.a. |
| 181 days to 269 days | 4.75% p.a. |
| 270 days to less than 1 year | 4.75% p.a. |
| 1 year | 5.50% p.a. |
| More than 1 year and less than 2 years | 5.25% p.a. |
| More than 2 years and less than 3 years | 5.25% p.a. |
| More than 3 years and less than 5 years | 5.50% p.a. |
| 5 years and above | 5.50% p.a. |
| Tax Saver Term Deposit Scheme | 5.25% p.a. |
| Majoni Deposit Scheme | 6.00% p.a. |
Note: The rates of interest mentioned above are effective from 01 February 2022.
Domestic Rates for Deposits of more than Rs.1 Crore
| Tenure | Rate of Interest (% p.a.) - Up to Rs.1 crore |
|---|---|
| 7 days to 14 days (Bulk deposits only) | 3.00% p.a. |
| 15 days to 29 days | 3.00% p.a. |
| 30 days to 45 days | 3.00% p.a. |
| 46 days to 60 days | 3.00% p.a. |
| 61 days to 90 days | 3.00% p.a. |
| 91 days to 179 days | 3.00% p.a. |
| 180 days | 3.00% p.a. |
| 181 days to 269 days | 3.00% p.a. |
| 270 days to less than 1 year | 3.00% p.a. |
| 1 year | 3.25% p.a. |
| More than 1 year and less than 2 years | 3.25% p.a. |
| More than 2 years and less than 3 years | 3.25% p.a. |
| More than 3 years and less than 5 years | 3.25% p.a. |
| 5 years and above | 3.25% p.a. |
| Tax Saver Term Deposit Scheme | 3.25% p.a. |
| Majoni Deposit Scheme | - |
Note: The rates of interest mentioned above are effective from 01 February 2022.
AGVB Fixed Deposit Interest Rates: For Senior Citizen
Domestic Rates for Deposits of up to Rs.1 Crore
| Tenure | Rate of Interest (% p.a.) - Up to Rs.1 crore |
|---|---|
| 7 days to 14 days (Bulk deposits only) | 3.75% p.a. |
| 15 days to 29 days | 3.75% p.a. |
| 30 days to 45 days | 3.75% p.a. |
| 46 days to 60 days | 4.50% p.a. |
| 61 days to 90 days | 4.50% p.a. |
| 91 days to 179 days | 4.50% p.a. |
| 180 days | 5.10% p.a. |
| 181 days to 269 days | 5.25% p.a. |
| 270 days to less than 1 year | 5.25% p.a. |
| 1 year | 6.00% p.a. |
| More than 1 year and less than 2 years | 5.75% p.a. |
| More than 2 years and less than 3 years | 5.75% p.a. |
| More than 3 years and less than 5 years | 6.00% p.a. |
| 5 years and above | 6.00% p.a. |
| Tax Saver Term Deposit Scheme | 5.75% p.a. |
| Majoni Deposit Scheme | 6.50% p.a. |
Note: The rates of interest mentioned above are effective from 01 February 2022.
Domestic Rates for Deposits of more than Rs.1 Crore
| Tenure | Rate of Interest (% p.a.) - Up to Rs.1 crore |
|---|---|
| 7 days to 14 days (Bulk deposits only) | 3.50% p.a. |
| 15 days to 29 days | 3.50% p.a. |
| 30 days to 45 days | 3.50% p.a. |
| 46 days to 60 days | 3.50% p.a. |
| 61 days to 90 days | 3.50% p.a. |
| 91 days to 179 days | 3.50% p.a. |
| 180 days | 3.50% p.a. |
| 181 days to 269 days | 3.50% p.a. |
| 270 days to less than 1 year | 3.50% p.a. |
| 1 year | 3.75% p.a. |
| More than 1 year and less than 2 years | 3.75% p.a. |
| More than 2 years and less than 3 years | 3.75% p.a. |
| More than 3 years and less than 5 years | 3.75% p.a. |
| 5 years and above | 3.75% p.a. |
| Tax Saver Term Deposit Scheme | 3.75% p.a. |
| Majoni Deposit Scheme | - |
Note: The rates of interest mentioned above are effective from 01 February 2022.
