KERALA TRANSPORT DEVELOPMENT FINANCE CORPORATION  LTD

A Government of Kerala Undertaking

( A Non Banking Financial Company Registered Under the Reserve Bank of India )

INTEREST RATES

 

FIXED DEPOSITS GUARANTEED BY GOVERNMENT OF KERALA


REPAYMENT OF DEPOSITS UP TO 2,000 CRORES WITH INTEREST


GUARANTEED BY GOVERNMENT OF KERALA


VIDE G.O.(MS) No.12/2014/TRAN DATED 14.02.2014

 

INTEREST RATES ON FIXED DEPOSIT SCHEMES IN KTDFC


   The interest rate on Fixed Deposits of KTDFC with effect from 01st July, 2015 is as follows:

 

 

 

OTHER THAN SENIOR CITIZENS

Period

For Deposit amount below ` 25 Lakhs

For Deposit amount ` 25 lakhs and above

Rate(p/a)

Approx.Maturity value for `10,000

under MMS*

Appoximate cumulative Annual Yield*

Rate (p/a)

Approx.Maturity value for `10,000

under MMS*

Appoximate cumulative Annual Yield*

1 year

09.75 %

11,020

10.20 %

10.00 %

11,047

10.47 %

2 years

09.75 %

12,144

10.72 %

10.00 %

12,204

11.02 %

3 years

09.75 %

13,382

11.27 %

10.00 %

13,482

11.61 %

4 years

09.50 %

14,601

11.50 %

09.75 %

14,747

11.87%

5 years

09.50 %

16,050

12.10 %

09.75 %

16,250

12.50 %

                                                                                                                                                                                                                                                                      

FOR SENIOR CITIZENS ONLY

Period

For Deposit amount below ` 25 Lakhs

For Deposit amount ` 25 lakhs and above

Rate(p/a)

Approx.Maturity value for `10,000

under MMS*

Appoximate cumulative Annual Yield*

Rate (p/a)

Approx.Maturity value for `10,000

under MMS*

Appoximate cumulative Annual Yield*

1 year

10.00 %

11,047

10.47 %

10.25 %

11,075

10.75 %

2 years

10.00 %

12,204

11.02 %

10.25 %

12,265

11.32 %

3 years

10.00 %

13,482

11.61 %

10.25 %

13,582

11.94 %

4 years

09.75 %

14,747

11.87 %

10.00 %

14,894

12.23 %

5 years

09.75 %

16,250

12.50 %

10.00 %

16,453

12.91 %

 

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 on which the credit of deposit amount comes to KTDFC bank account on or after 01.07.2015, or any renewal of earlier deposits effected on or after 01.07.2015. For the entire deposits accepted till 30.06.2015 (in case of Cheques/DDs, those realized on or before 30.06.2015) and renewal of earlier deposits with prior date, the interest rate as per earlier pattern would be applicable.


................................................................................................................................................................................................................................................


Here you can download different application forms


Deposits




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 bond - Download