Kerala Gramin Bank has released its fixed deposit interest rates for 2024. As a Regional Rural Bank (RRB) headquartered in Malappuram, Kerala, it provides competitive interest rates for both regular and senior depositors ranging from 3.3% to 7.45% for regular customers and 3.8% to 7.95% for seniors, based on tenure.
 
Established in 2013, Kerala Gramin Bank is a result of the merger between North Malabar Gramin Bank and South Malabar Gramin Bank, and is jointly owned by the Central and State Governments with Canara Bank as sponsor. This bank offers fixed deposit tenures from 7 days to nearly 10 years, starting from a minimum deposit of ₹500,000 with no upper cap.
 
Its offerings include flexible tenures and partial withdrawal options. For illustration, a ₹100,000 deposit over 3 years at 6.75% results in ₹1,06,485 at maturity, whereas a 5-year deposit at 6.5% yields ₹1,06,697. Compare returns with other banks using Kerala Gramin Bank's FD calculator to assess potential earnings. In summary, Kerala Gramin Bank's fixed deposits offer lucrative earnings for secure investments.

• NEFT: National Electronic Funds Transfer
• RTGS: Real Time Gross Settlement
• IMPS: Immediate Payment Service
• UPI: Unified Payments Interface