Prathama UP Gramin Bank FD Interest Rates

Prathama UP Gramin Bank FD Interest Rates for General Citizens 

Rates are effective from 2022

Prathama UP Gramin Bank FD Interest Rates for Senior Citizens 

Disclaimer: Interest rates of FD keep on changing 

Rates are effective from 2022

Features and Benefits of Prathama Bank FD Rates 

• Competitive interest rates are offered with flexible FD terms to suit the requirements of your investment plan.

• Option to open an FD account online or by visiting the nearest Prathama Bank Branch. 

• There is no cap on the maximum FD amount. 

• The tenure of FD is 7 days to 10 years. 

• Different options of interest payout like monthly, quarterly, and annual. 

• Option of loan against FD is available up to the FD amount of 85%.

• Fast and easy options of liquidity are available. 

• Option of nomination is available. 

• NRO, NRE, and FCNR deposit option is offered by the bank. 

• The interest rates for senior citizens are higher than for regular citizens. 

• Get a tax benefit of up to Rs. 1.5 Lacs using a tax-saving term deposit scheme as per the prevailing Income Tax Act. 

• Auto-renewal options and part–withdrawal facilities are also available. 

• Option of converting special FD into MFBD (Multi-Benefit Fixed Deposit) for a tenure longer than the rest period of the original contract. 

• The minimum deposit for 7 days to 10 years is Rs. 1000. 

• Interest is paid at maturity time in case of short-time deposits and on a bi-yearly basis if the deposit is done for 6 months. 

Bank FD Interest Rates

Bank FD Calculator

NRI-NRE FD Rates

Allahabad Bank FD Interest Rates

Andhra Bank FD Interest Rates

Assam Gramin Vikash Bank FD Interest Rates

AU Small Finance Bank FD Interest Rates

Axis Bank FD Rates

Bajaj Finance FD Interest Rates

Bandhan Bank FD Interest Rates

Bangiya Gramin Vikash Bank FD Interest Rates

Bank of Baroda FD Interest Rates

Bank of Ceylon FD Interest Rates

Bank of India FD Interest Rates

Bank of Maharashtra FD Interest Rates

Baroda Gujarat Gramin Bank FD Interest Rates

Canara Bank FD Interest Rates

Capital Small Finance Bank FD Interest Rates

Central Bank of India FD Interest Rates

Citibank FD Interest Rates

City Union Bank FD Interest Rates

Corporation Bank FD Interest Rates

Dakshin Bihar Gramin Bank FD Interest Rates

DBS Bank FD Interest Rates

Dena Bank FD Interest Rates

Dhanlaxmi Bank FD Interest Rates

Equitas Small Finance Bank FD Interest Rates

ESAF Small Finance Bank FD Interest Rates

HDFC Bank FD Interest Rates

HSBC FD Interest Rates

ICICI Bank FD Interest Rates

IDBI Bank FD Interest Rates

IDFC First Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Overseas Bank FD Interest Rates

IndusInd Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates

Karnataka Bank FD Interest Rates

Kerala Gramin Bank FD Interest Rates

Kotak Mahindra Bank FD Interest Rates

Lakshmi Vilas Bank FD Interest Rates

Muthoot Capital

Nainital Bank FD Interest Rates

Odisha Gramya Bank FD Interest Rates

Paschim Banga Gramin Bank FD Interest Rates

Paytm Payments Bank FD Interest Rates

PNB FD Interest Rates

RBL Bank FD Rates

Saurashtra Gramin Bank FD Interest Rates

SBI FD Interest Rates

Shriram Finance FD Interest Rates

State Bank of Hyderabad FD Interest Rates

State Bank of Mysore FD Interest Rates

State Bank of Travancore FD Interest Rates

Syndicate Bank FD Interest Rates

Tamil Nadu Grama Bank FD Interest Rates

Telangana Grameena Bank FD Interest Rates

Tripura Gramin Bank FD Interest Rates

UCO Bank FD Interest Rates

Ujjivan Small Finance Bank FD Interest Rates

Union Bank of India FD Interest Rates

Uttar Bihar Gramin Bank FD Interest Rates

Uttarakhand Gramin Bank FD Interest Rates

Vijaya Bank FD Interest Rates

Yes Bank FD Interest Rates

Expand

Allahabad Bank FD Calculator

Andhra Bank FD Calculator

AU Bank FD Calculator

Axis Bank FD Calculator

Bajaj Finance FD Calculator

Bandhan Bank FD Calculator

Bank of Baroda FD Calculator

Bank of India FD Calculator

Bank of Maharashtra FD Calculator

Canara Bank FD Calculator

Central Bank FD Calculator

Corporation Bank FD Calculator

Equitas Small Finance Bank FD Calculator

HDFC Bank FD Calculator

ICICI Bank FD Calculator

IDBI Bank FD Calculator

IDFC Bank FD Calculator

Indian Bank FD Calculator

Indian Overseas Bank FD Calculator

IndusInd Bank FD Calculator

Karnataka Bank FD Calculator

Karur Vysya Bank FD Calculator

Kotak Bank FD Calculator

Mahindra Finance FD Calculator

OBC Bank FD Calculator

Odisha Gramya Bank FD Calculator

PNB Bank FD Calculator

SBI FD Calculator

Shriram Finance FD Calculator

Syndicate Bank FD Calculator

Tripura Gramin Bank FD Calculator

UCO Bank FD Calculator

Union Bank FD Calculator

Yes Bank FD Calculator

Expand

HDFC NRE FD Rates

Maybank Malaysia FD Rates

SBI NRI FD Rates

Axis NRI FD Rates

Maybank Singapore FD Rates

Yes Bank NRI FD Rates

Who is Eligible for Prathama Bank Fixed Deposit (FD) Schemes? 

Below are persons eligible to invest in FDs: 

• Any individual singly or jointly availing scheme with others 

• Minor of 10 years and more in his/her name 

• Hindu Undivided Family (HUF) 

• Partnership Firm 

• Proprietary Firm 

• Any Company 

• Limited Liability Partnership (LLP)

• Association of Persons (AOP)

• Local Authority 

• Body Of Individuals (BOI)

• Registered Society or Panchayat

• Non-Resident Indian (NRI)

How To Calculate the Prathama UP Gramin Bank FD Rate? 

FD Interest rates for different terms are computed using the following way: 

• Simple interest is paid at the time of maturity for FD tenure of fewer than 6 months 

• FD Interest is computed every quarter FD term of 6 months and more. 

• Re-investment interest is computed every quarter and is supplemented to the Principal amount in such a way that the interest is payable on the interest earned in the last quarter also. 

• In a monthly deposit scheme, the FD interest shall be computed quarterly and paid every month with certain discounts. 

How to Automatically Renew the Prathama UP Gramin Bank FD Rates? 

Option of Automatic Renewal or Requested Renewal at Maturity on the same receipt of deposit is also available for the investors. It is not required for an investor to visit the bank for his/her renewal deposit. 

• Ordinary Fixed Deposits of the short term i.e., 7 days to 179 days may be renewed automatically with or without any interest. 

• In Fixed Deposits of longer-term in which the simple interest is credited or paid half-yearly, only the principal sum is renewed automatically. 

• In case no interest is claimed by the investor, the principal amount along with the due interest may be renewed automatically. 

• In case of requested renewal during maturity, the long-term FDR can be renewed on the same receipt of deposit as chosen by the investor.

Points to Keep in Mind Before Investing in Prathama UP Gramin Bank FDs 

• Ensure to compare the FD interest rates on a term basis before deciding on the bank for operating a Fixed Deposit account, to receive the maximum rate of interest on the selected term.

• The tenure for most of the banks differs from 7 days to 10 years. You should select the Fixed Deposit term based on your investment requirements.

• Choose options of interest payouts like quarterly or monthly.

• In case of instant funds requirement, you can also opt for a loan or overdraft facility against FD. 

• If your yearly income is non-taxable, then you can submit Form 15H or Form 15G to avoid TDS. 

• While opening FDs offline or online, ensure to provide instructions on the process of maturity on your FD scheme. In case, no instructions are provided, your FD will get renewed spontaneously on maturity. 

• Always mention the name of the nominee in your FD account.