The government of Kerala revises the rate of interest on short term and fixed deposits.

The State Government of Kerala vide its notification dated 18th January 2021 has revised the interest rate on short term deposits and fixed deposits in the treasuries with the effect from February 01, 2021.

After the latest revision, the deposit between 46-90days will now fetch 5.40% and for the deposits between 91-180 days will give 5.90% and from 181 days to less than one year will fetch 5.90% Deposits with maturity between 1 year and up to less than 2 years will give 6.40% and deposits above 2 years will fetch 7.50%.

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