FIXED DEPOSITS GUARANTEED BY GOVERNMENT OF KERALA
REPAYMENT OF DEPOSITS UP TO 4,500 CRORES WITH INTEREST
GUARANTEED BY GOVERNMENT OF KERALA
VIDE G.O.(MS) No. 20/2018/TRAN DATED 28.03.2018
INTEREST RATES ON FIXED DEPOSIT SCHEMES IN KTDFC
The interest rate on Fixed Deposits of KTDFC with effect from 15th July, 2022 is as follows:
OTHER THAN SENIOR CITIZENS |
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Period |
Rate(p/a) |
Approx.Maturity value for `10,000 under MMS* |
Appoximate cumulative Annual Yield* |
1 year |
7.00 % |
10,723 |
7.23 % |
2 years |
7.00 % |
11,498 |
7.49 % |
3 years |
7.00 % |
12,329 |
7.76 % |
4 years |
6.75 % |
13,090 |
7.72 % |
5 years |
6.75 % |
14,001 |
8.00 % |
FOR SENIOR CITIZENS ONLY |
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Period |
Rate(p/a) |
Approx.Maturity value for `10,000 under MMS* |
Appoximate cumulative Annual Yield* |
1 year |
7.25 % |
10,750 |
7.50 % |
2 years |
7.25 % |
11,555 |
7.78 % |
3 years |
7.25 % |
12,422 |
8.07 % |
4 years |
7.00 % |
13,221 |
8.05 % |
5 years |
7.00 % |
14,176 |
8.35 % |
NOTE : * All figures shown above are for narrative purpose only, the actual figures may slightly vary depending on the date
of deposit, applicability of Tax on interest (TDS) etc.
Under Periodic Interest Payment Scheme (PIPS), interest will be paid Monthly or Quarterly with MONTHLY RESTS.
Under Money Multiplier Scheme (MMS), interest shall be COMPOUNDED MONTHLY and paid on maturity.
The above revised rate of interest would be applicable for the new deposits where the credit of deposit amount comes to KTDFC bank account on or after 15.07.2022, or any renewal of earlier deposits effected on or after 15.07.2022. For the entire deposits accepted till 14.07.2022 (in case of Cheques/DDs, those realized on or before 14.07.2022) and renewal of earlier deposits with prior date, the interest rate as per earlier pattern would be applicable.
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Here you can download different application forms
Deposits b
Fixed Deposit Terms & Conditions - Download
Fixed Deposit application form - Download form
Form 15G - Download form
Form 15H - Download form
RTGS / NEFT form - Download form
Nomination form - Download form
Format of Indemnity Bonds:
(1) Original FD Receipt Lost: for Releasing Maturity Amount
(2) Original FD Receipt Lost: for Renewing Maturity Amount
(3) For Issuing Duplicate Fixed Deposit Receipt
6.00% | 10617 | 6.17% |