As of 5 Oct 2026, Karnataka Grameena Bank offers up to 6.50% p.a. on its recurring deposit (RD) (Above 1 year upto & inclusive 2 years) for general customers and 7.00% p.a. (Above 1 year upto & inclusive 2 years) for senior citizens. Rates below are as published by the bank — confirm with KGB before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 Year only |
6.30% | 6.80% | Any amount | 1 Jan 2026 |
official fetched 22 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 1 year upto & inclusive 2 years |
6.50% | 7.00% | Any amount | 1 Jan 2026 |
official fetched 22 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 2 years upto & inclusive 3 years |
6.50% | 7.00% | Any amount | 1 Jan 2026 |
official fetched 22 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 3 years upto & inclusive 5 years |
6.40% | 6.90% | Any amount | 1 Jan 2026 |
official fetched 22 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 5 years upto & inclusive 8 years |
6.05% | 6.55% | Any amount | 1 Jan 2026 |
official fetched 22 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 8 years upto & inclusive 10 years |
6.05% | 6.55% | Any amount | 1 Jan 2026 |
official fetched 22 Sept 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Karnataka Grameena Bank offers up to 6.50% p.a. on its recurring deposit (RD) (Above 1 year upto & inclusive 2 years) for general customers and 7.00% p.a. (Above 1 year upto & inclusive 2 years) for senior citizens. Rates below are as published by the bank — confirm with KGB before investing.
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Karnataka Grameena Bank, depending on the tenure.
Deposits with Karnataka Grameena Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 1 Jan 2026. Rates can change without notice, so verify on the official KGB website before investing.
Deposits with Karnataka Grameena Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official KGB website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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