Jharkhand Rajya Gramin Bank, formed on April 1, 2019, was a merger of Jharkhand Gramin Bank and Vananchal Gramin Bank, respectively promoted by Bank of India and State Bank of India. With its headquarters in Ranchi, the bank services areas previously managed by the original banks, boasting a network of 443 branches and eight regional offices across Jharkhand.

The bank offers competitive fixed deposit interest rates for both regular account holders and senior citizens. Here's a look at their FD interest rates for 2024:

• 7 days - 1 month 14 days: 3% for regular citizens, 3.25% for senior citizens
• 1 month 15 days - 5 months 26 days: 4.5% for regular citizens, 4.75% for senior citizens
• 5 months 27 days - 6 months 26 days: 5.25% for regular citizens, 5.5% for senior citizens
• 6 months 27 days - 11 months 27 days: 5.75% for regular citizens, 6% for senior citizens
• 1 year - 1 year 11 months 27 days: 6.8% for regular citizens, 7.05% for senior citizens
• 2 years - 2 years 11 months 27 days: 7% for regular citizens, 7.25% for senior citizens
• 3 years - 9 years 11 months 26 days: 6.5% for regular citizens, 6.75% for senior citizens

The stated interest rates are valid as of March 6, 2024.

By providing competitive rates, Jharkhand Rajya Gramin Bank encourages both regular and senior citizens to invest in fixed deposits. These rates are variable and can change, hence it's advisable to contact the bank for the latest details. The vast network of branches and regional offices throughout Jharkhand ensures convenient access to these FD services for local citizens.