Request received - loud & clear!
Returning you to where you were...
Kerala Gramin Bank offers fixed deposits with attractive interest rates that assure high returns with flexible investment tenures, affordable minimum deposit amounts that make it accessible to a wide section of income demographics, and several other favorable features.
Given below are the FD rates for regular and senior citizens effective 5 January 2021:
Tenure | Regular Interest Rate(per annum) | Senior Citizen Interest Rate(per annum) |
---|---|---|
7 days to 14 days | 3.50% | 4.00% |
46 days to 90 days | 3.80% | 4.30% |
91 days to 179 days | 5.10% | 5.60% |
180 days to 344 days | 5.05% | 5.55% |
345 days | 5.60% | 6.10% |
346 days to less than 1 year | 5.05% | 5.55% |
Only 1 year | 5.45% | 5.95% |
Above 1 year to above 10 years | 5.40% | 5.90% |
*The below mentioned rates are for deposits that are of less than Rs.1 crore.
KGB Senior Suraksha is applicable for deposits which are between Rs.5 lakh and Rs.15 lakh with a minimum tenure of 5 years. The interest given to senior citizens under this scheme is 0.80% above the normal rate, which means senior citizens get an additional 0.30% interest on single deposits exceeding Rs.5 lakh in a single day. The rate of interest, as of 5 January 2021, for this scheme is 6.20% p.a.
The interest rates for this scheme effective 5 January 2021 are as given below:
Tenure Only 345 days | |
---|---|
For general public (interest p.a.) | 5.60% |
For senior citizens (interest per annum) | 6.10% |
The interest rate under this scheme effective 5 January 2021 are as given below:
Tenure Only 5 years | |
---|---|
For general public (interest p.a.) | 5.40% |
For senior citizens (interest per annum) | 5.90% |
The interest rates for NRE term deposits are as given below, effective 5 January 2021:
Tenure | Interest Rate Per Annum |
---|---|
Only 1 year | 5.45% |
Above 1 year to less than 5 years | 5.40% |
Above 5 years to 10 years | 5.40% |
Yes, loan against fixed deposit is available for Kerala Gramin Bank fixed deposits with interest rate that is 2% above the deposit rate.
There is no maximum limit for Kerala Gramin Bank fixed deposits.
Yes, nomination facility is available for Kerala Gramin Bank fixed deposits.
Yes, auto-renewal facility is available for Kerala Gramin Bank fixed deposits.
To open a Kerala Gramin Bank fixed deposit, you would have to visit your nearest KGB branch.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
Gain an edge by connecting with us via email. We promise never to spam you.
Request received - loud & clear!
Returning you to where you were...
Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.