Chaitanya Godavari Gramin Bank FD Rates

Chaitanya Godavari Gramin Bank Fixed Deposit (FD) offers the flexibility to deposit a lump sum amount for a specific period ranging from 7 days to 10 years. You can choose any of the available tenures based on your convenience and financial goals. 

Updated On - 05 Sep 2025

Once you have selected a tenure and deposited the amount into your Chaitanya Godavari Gramin Bank FD, it will start earning interest based on the chosen duration. Please note that you can make a lump sum deposit only once when opening the FD account with the bank, and no additional deposits are allowed thereafter.

Investing in Chaitanya Godavari Gramin Bank FD for a tenure of 5 years or more also provides tax benefits under section 80C of the Income Tax Act. You can avail of tax benefits on an amount ranging from Rs. 100 to Rs. 1.5 lakh.

The following table presents the Chaitanya Godavari Gramin Bank FD rates for various tenures. Additionally, there is a feature available where you can calculate the interest rate and maturity value of your FD for different tenures by clicking on the 'calculate' button provided in the table. 

Interest Rates for Chaitanya Godavari Gramin Bank Fixed Deposit Schemes, 2025

Since the inception of the bank, they have consistently offered competitive interest rates on term deposits. Please find the current interest rates on term deposits provided below: 

Period 

Less Than Rs. 1 crore 

More Than Rs. 1 crore 

15 days to 45 days 

4.25% p.a. 

4.25% p.a. 

46 days to 90 days 

7.50% p.a. 

7.50% p.a. 

91 days to 179 days 

7.50% p.a. 

7.50% p.a. 

180 days to 364 days 

7.50% p.a. 

7.50% p.a. 

1 year to less than 2 years 

8.10% p.a. 

7.85% p.a. 

2 years and above 

7.25% p.a. 

7% p.a. 

AKSHAYA Term Deposit Scheme – V (Non-Callable) 

8% p.a. for one year period 

UJWALA Term Deposit Scheme – II (Non-Callable) 

8.25% p.a. for one year period 

Features & Benefits 

  1. Competitive Interest Rates: We offer competitive interest rates on Fixed Deposits (FDs) with flexible tenures to align with your investment plan. 
  2. Convenient Account Opening: You can open an FD account either online or by visiting your nearest Chaitanya Godavari Gramin Bank branch. 
  3. No Maximum Limit: There is no cap on the maximum amount that can be deposited in an FD. 
  4. Wide Range of Tenures: Our FD tenures range from 7 days to 10 years, providing you with various options to suit your preferences. 
  1. Flexible Interest Payout Options: Choose from different interest payout frequencies, such as monthly, quarterly, etc., based on your needs. 
  2. Loan or Overdraft Facility: Enjoy the convenience of accessing a loan or overdraft facility of up to 85% of the FD amount. 
  3. Easy and Fast Liquidity: We offer easy and fast liquidity options to cater to your immediate financial requirements. 
  4. Nomination Facility: Ensure seamless transfer of your FD proceeds by utilizing our nomination facility. 
  5. Tax Benefits: Invest in our tax-saving term deposit scheme and avail of tax benefits on amounts up to Rs. 1,50,000. 
  1. Part Withdrawal and Auto-Renewal: Take advantage of our part withdrawal facility and auto-renewal options for your FDs
  2. Senior Citizen Benefit: Senior citizens are eligible for an additional interest rate of 0.5% on their deposits. 
  3. NRE, NRO, and FCNR Deposits: We offer NRE, NRO, and FCNR deposit facilities to cater to the banking requirements of our NRI customers. 

Eligibility Criteria 

The following individuals or entities are eligible to invest in Chaitanya Godavari Gramin Bank Fixed Deposit Schemes: 

  1. Individuals 
  2. Minors 
  3. Hindu Undivided Family (HUF) 
  4. Proprietary Firm 
  5. Partnership Firm 
  1. Limited Liability Partnership (LLP) 
  2. Company 
  3. Association of Persons (AOP) 
  4. Body of Individuals (BOI) 
  5. Local Authority 
  1. Trust 
  2. Non-Resident Indian (NRI) 
  3. Registered Society 

Calculation of Interest on Chaitanya Godavari Gramin Bank FD 

  1. Short-term Fixed Deposit: For fixed deposit tenures of less than six months, simple interest is paid at the time of maturity. 
  1. Quarterly Interest Calculation: For fixed deposit tenures of 6 months and above, interest is calculated on a quarterly basis. 
  2. Cumulative Interest: In the case of cumulative or reinvestment deposits, interest is calculated every quarter and added to the principal. This ensures that interest is paid on both the initial principal and the interest earned in the previous quarter. 
  3. Monthly Deposit Scheme: In the monthly deposit scheme, interest is paid monthly and is calculated for the quarter. However, the interest rate offered may be at a discounted rate compared to the standard fixed deposit rate. 

FAQs on Chaitanya Godavari Gramin Bank FD Rates

  • What is the current highest interest rate offered by Chaitanya Godavari Gramin Bank for FDs today?

    The highest interest rate for Chaitanya Godavari Gramin Bank FDs is 8.1% p.a. for general citizens and 8.6% p.a. for senior citizens. 

  • What is the highest interest rate for Chaitanya Godavari Gramin Bank's 1-year FD scheme?

    The highest interest rate offered for Chaitanya Godavari Gramin Bank's 1-year FD scheme is 8.1% p.a. 

  • What is the rate of interest for Chaitanya Godavari Gramin Bank's FD scheme for a tenure of 5 years?

    The interest rate for Chaitanya Godavari Gramin Bank's FD scheme for a tenure of 5 years is 7.25% p.a. 

  • What is the minimum deposit amount for Chaitanya Godavari Gramin Bank FDs?

    There is no minimum deposit amount for Chaitanya Godavari Gramin Bank FDs. There is no specified minimum deposit requirement. 

  • What are the Fixed Deposit interest rates for senior citizens in Chaitanya Godavari Gramin Bank?

    The rate of interest for senior citizen Fixed Deposits in Chaitanya Godavari Gramin Bank range between 4.75% p.a. and 8.6% p.a., depending on the chosen investment duration. 

  • What are the available FD tenures offered by Chaitanya Godavari Gramin Bank?

    Chaitanya Godavari Gramin Bank offers FD tenures ranging from 15 days to 9 years, 11 months 27 days. 

  • How can I check my Fixed Deposit balance in Chaitanya Godavari Gramin Bank?

    You can check your Chaitanya Godavari Gramin Bank FD balance online through the bank's internet banking portal. Alternatively, you can visit your nearest Chaitanya Godavari Gramin Bank branch and update your passbook for FD balance enquiry. 

  • Is there a limit to the number of FDs I can open with Chaitanya Godavari Gramin Bank?

    There is no restriction on the number of FDs you can open with Chaitanya Godavari Gramin Bank. You can open multiple FDs based on your investment requirements. 

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