Deposit Interest Rates

Interest rates for Deposits accepted/renewed by Kerala Gramin Bank

Tenure Revision in Interest Rates on Term deposits w.e.f 03.07.2017
Rate of Interest
General Senior Citizen
7 days to 14 days* 5.50 6.00
15 days to 30 days 5.50 6.00
31 days to 60 days 5.50 6.00
61 days to 90 days 5.75 6.25
91 days to 120 days 6.50 7.00
121 days to 179 days 6.50 7.00
180 days to 269 days 6.75 7.25
270 days to less than 1 year 6.75 7.25
1 year only 7.10 7.60
Above 1 year to less than 2 years 6.90 7.40
2 year to less than 3 years 6.80 7.30
3 years & above to less than 5 years 6.80 7.30
5 years & above upto 10 years 6.40 6.90

* For deposits of Rs.5 lakh and above only.

**For deposits of below Rs.15 lakhs

NRO TERM DEPOSITS** :- Same as applicable to Domestic Deposits. No additional interest rate for Senior Citizens.

NRE TERM DEPOSITS**

Tenure Rate of Interest
1 year only 7.10
Above 1 year to less than 2 years 6.90
2 year to less than 3 years 6.80
3 years & above to less than 5 years 6.80
5 years & above upto 10 years 6.40

** For deposits of below Rs.15 Lakhs.


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