Fixed Deposit | Kerala Grameena Bank (KGB)

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Fixed Deposits

Fixed Deposits - Safest and most trusted way to invest money for a fixed period to earn more.

Use our tried and tested Fixed Deposit to simultaneously secure your future and beat inflation. Let your savings grow bigger and bigger with each passing day.

Features & Benefits

Deposit can be opened for period ranging from 7 days to 10 years.
Interest is paid at monthly/quarterly/half-yearly rests.
Premature closure is allowed at any point of time with a penalty @1% on the applicable rate of interest for the corresponding period for which the deposit remained with the bank.

Calculate EMI

Loans against deposit allowed upto the limit prescribed on the basis of the residual maturity period, with interest @ only 2% above deposit rate.
Accounts can be opened for minimum RS. 1000/- with no maximum limit.
TDS applicable as per the extant IT guidelines.
Nomination Facility available.
Auto renewal facility available.

How to Open?

Fixed deposits can be opened by visiting your KGB branch.

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Interest Rates & Charges

For Deposit interest rates Click here
For Service charges and fees Click here