Kerala Gramin Bank Fixed Deposit Interest Rates

The Kerala Gramin Bank Fixed Deposit offers convenient and easy to open fixed deposit schemes to its customers. These fixed deposit schemes provide attractive rates of interest that help savings grow better and tide over inflation. The customer may also make a quick inquiry on the official website of customer care.

Read more
Best Investment Plans
  • Save upto ₹46,800 in tax under Sec 80C

  • Inbuilt Life Cover

  • Tax Free Returns Unlike FD

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Buy Online & Get upto 4% extra#

Your Money is Safe, Secure & Guaranteed

Get higher Returns than Fixed Deposit along with Tax Benefits

+91
View Plans
Please wait. We Are Processing..
Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp

Compare FD Interest Rates of Top Financial Institutions
BANKS GENERAL CITIZENS SENIOR CITIZEN
Axis Bank FD Rates 2.50% - 5.75% 2.50% - 6.50%
Bandhan Bank FD Rates 3.00% - 5.00% 3.75% - 5.75%
Bank of Baroda FD Rates 2.80% - 5.25% 3.30% - 6.25%
Bank of India FD Rates 2.85% - 5.05% 3.35% - 5.55%
Canara Bank FD Rates 2.90% - 5.40% 2.90% - 5.90%
Central Bank of India FD Rates 2.75% - 5.00% 2.90% - 3.25%
DBS Bank FD Rates 2.50% - 5.50% 3.50% - 6.00%
HDFC Bank FD Rates 2.50% - 5.60% 3.00% - 6.35%
IDFC Bank FD Rates 2.50% - 6.00% 3.00% - 6.50%
Indian Bank FD Rates 2.90% - 5.15% 3.40% - 5.65%
Indian Overseas Bank FD Rates 3.40% - 5.20% 3.90% - 5.70%
IndusInd Bank FD Rates 2.50% - 6.00% 3.00% - 6.50%
Punjab National Bank FD Rates 2.90% - 5.25% 3.50% - 5.75%
SBI FD Rates 5.30% - 5.40% 5.80% - 6.20%
UCO Bank FD Rates 2.55% - 5.05% 3.80% - 6.30%
Yes Bank FD Rates 3.25% - 6.25% 3.75% - 7.25%
Show More

Kerala Gramin Bank Fixed Deposit Interest Rates 2022

The Kerala Gramin Bank Fixed Deposit interest rates are calculated as per domestic and NRO categories with effect from 01.07.2021.

Get Market Linked Returns Get Market Linked Returns

For deposits of 5 lakhs and above - domestic term deposits:

Tenure General  Senior Citizen
7 days to 14 days 3 3.5
15 days to 30 days 3.25 3.75
31 days to 45 days 3.5 4
46 days to 90 days 3.8 4.3
91 days to 179 days 4.3 4.8
180 days to 344 days 4.75 5.25
345 days Refer Interest Rate for the scheme KGB Dhanam 345
346 days to less than 1 year 4.75 5.25
1 year only 5.25 5.75
Above 1 year to less than 5 years 5.4 5.9
5 years and above up to 10 years 5.3 5.8

The above rate of interest for term deposits of Rs.5 lakhs and above to less than Rs. 1 Crore for term deposits (Domestic).

Guaranteed Return Investment Plan Guaranteed Return Investment Plan

Features of Kerala Gramin Bank Fixed Deposit Interest Rates

Listed below are some prominent features of fixed deposits:

  • The Fixed deposit accounts can be opened for a period of 7 days to 10 years.

  • The customer can avail of different options for interest payout options, such as monthly, quarterly, and half-yearly.

  • Premature closure of the deposited amount is allowed but with a penalty charge of 1 % of the rate of interest until the deposited money is maintained in the fixed deposit account.

  • One can avail a loan against the fixed deposit, up to the prescribed limit of the residual maturity period of the fixed deposit with a rate of interest only 2 % above the deposit rate.

  • The fixed deposit account can be opened with a minimum deposit of Rs.1000 with no maximum limit.

  • TDS is applicable in accordance with the extant IT guidelines.

  • A nomination facility is available in the fixed deposit account.

  • The fixed deposit is also subject to an auto-renewal facility.

  • The bank offers fixed deposits schemes for NRO and senior citizens as well.

div class="left_fullbanner bannerinvestmentredirect" data-category="contextual_banners" data-action="capital guarantee Blue" data-title="banner title">

About Kerala Gramin Bank Fixed Deposit Interest Rate Calculator

Kerala Gramin Bank Fixed Deposit calculator is an easy-to-use, hassle-free tool that helps in quick calculation of the maturity amount and the interest earned receivable at the end of the policy tenure. By entering some basic details, you can calculate the correct FD amount. Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:

  • The amount that is invested

  • The Rate of Interest offered

  • The tenure of the Fixed Deposit Account

  • The compounding period, that is, yearly, half-yearly, quarterly, or monthly

  • The FD Amount

Once entered the following details, an investor will come to know:

  • The maturity value of the FD

  • The total interest earned during the complete tenure

FD interest have fallen consistently over the last 5 years.
Invest in Plans that offer Guaranteed Returns for over 25 Years
Know More

Kerala Gramin Bank Fixed Deposit Interest Rates: Things to Know

A few things to know about fixed deposit rates are:

  • Senior citizens are given a 0.50 % above the general category up to the deposit amount of Rs. 15 lakhs, provided the amount of less than Rs. 15 lakhs for the range of deposit is given in a single day.

  • For term deposits of and above Rs 1. Crore, the customer, is required to consult the bank authority.

Term deposits for NRI for deposit amount up to Rs.1 Crore

Tenure

Rate of Interest

1 year only

5.25

Above 1 year up to 5 years

5.4

5 years and above up to 10 years

5.3

  • No additional rate of interest applies to the bank's staff in the NRO scheme.

  • For term deposits of and above Rs 1 Crore, the customer is required to consult the bank authority.

  • In case of premature closure or premature extension of term deposits penal charge of 1% is applied.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

In Conclusion

Fixed deposits interest rates are liable to changes as per the government policies or RBI guidelines. It is always wise on the part of the customer to remain updated for the ups and downs in the market trends, government policies, and errors if any.

FD Calculator

Total Investment

₹500 ₹10L
Enter Total Investment

Rate of Interest (Yearly)

1% 10%
Rate of Interest (Yearly)

Time Period

1 Year 10 Years
Enter Time Period
Interest Earned
Maturity Amount
Get Higher Return

FD Rates articles

Recent Articles
Popular Articles
Tax Saver FD Premature Withdrawal

21 Jun 2022

Tax Saver Fixed Deposit is a type of fixed deposit scheme. The...
Read more
Axis Bank FD Premature Withdrawal

15 Jun 2022

Axis Bank offers a bouquet of fixed deposit products, which you...
Read more
ICICI FD Premature Withdrawal Penalty Calculator

14 Jun 2022

ICICI offers various fixed deposit schemes which are highly...
Read more
Fixed Deposit Monthly Income Scheme

02 Jun 2022

The monthly income scheme of Fixed Deposit has gained popularity...
Read more
SBI Fixed Deposit Monthly Income Scheme

04 Apr 2022

Fixed deposits are the safest investment vehicles for Indian...
Read more
SBI FD Interest Rates
SBI FD interest rate refer to the rates at which interest is paid on a fixed deposit account for a tenure ranging...
Read more
Application for Withdrawal of Fixed Deposit
Fixed Deposits are the safest investment instruments. You invest the amount of your choice as the fixed deposit...
Read more
SBI FD Premature Withdrawal Penalty Calculator
A fixed deposit (FD) is an interest-bearing investment that offers assured returns for a fixed tenure. In this...
Read more
FD Premature Withdrawal Penalty Calculator
FD Premature Withdrawal Penalty Calculator calculates the penalty imposed on the investor for premature...
Read more
SBI Fixed Deposit Double Scheme
The SBI Fixed Deposit Double Scheme is named Special Term Deposit to cater to investors looking to double their...
Read more
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL