Deposit Interest Rates

KARNATAKA GRAMIN BANK : HO : BALLARI
RATES OF INTEREST ON DOMESTIC & NRO TERM DEPOSITS
LESS THAN Rs 1 CRORE W.E.F 01.04.2019.

Period of Deposit Card Rate P.A Senior Citizen*
07 days to 14 days 5.00 5.50
15 days to 45 days 5.75 6.25
46 days to 90 days 6.25 6.75
91 days to 179 days 6.50 7.00
180 days to 269 days 6.60 7.10
270 days to less than 1 year 6.75 7.25
1 Year 7.30 7.80
Above 1 year & upto 5 years 7.00 7.50
Above 5 years & upto 8 years 6.80 7.30
Above 8 years & upto 10 years 6.50 7.00
Tax Saver[5 years period] 7.00 7.50
Kanaka Samruddhi (555 Days) 7.40 7.90
*Applicable only to Domestic Term Deposits.
A penalty of 1% will be levied for premature closure/part withdrawal of Domestic/ NRO Term Deposits.