Deposits
Term Deposit
KTCBank offers various ranges of Term deposit that suits investor's requirements in the form of Fixed Deposits where interest is paid to investors at regular intervals or investor receives an accumulated maturity amount at the end of tenure of deposits.
INTEREST RATE OF SAVINGS BANK DEPOSITS - 4%
Latest Updation / Modification as on 06/06/2020
| Interest Rates of Term Deposits | Below 15 Lakhs | Above 15 Lakhs |
|---|---|---|
| 7 Days and Upto & Inclusive of 14 Days | 3.75% | 4.00 % |
| 15 Days and Up to & Inclusive Of 45 Days | 5.00 % | 5.25 % |
| 46 Days and Up To & Inclusie Of 99 Days | 5.50 % | 5.75 % |
| 100 Days and Up to & Inclusive Of 179 Days | 5.75 % | 6.00% |
| 180 Days and Above But Less Than 1 Year(364 Days) | 6.25 % | 6.50 % |
| 12 Months Only | 6.50 % | 7.00 % |
| Above 12 Months | 6.25 % | 6.25 % |
SPECIAL RATES:
| Single Deposit Of 15 Lakhs And Above For 30 Days | NIL |
SPECIAL RATES FOR SENIOR CITIZENS:
| 12 Months Only | 7.00% |
| Above 12 months | 6.75% |
RECURRING DEPOSITS:
| 12 Months to 35 Months | 7.50 % |
| 36 Months to 120 Months | 7.75 % |
- Individual – Single or Joint
- Minors – with Guardian;
- Regd. Societies & Trusts
- Customer Information File (CIF) form (for new accounts)
- Account opening form, duly signed by the account holders
- Introduction from existing account holder
- Photograph of account holders
- Photo identity such as photocopy of PAN Card, aadhar, voters ID, Driving License, etc…
- Proof of residence in the form of photocopy of Ration Card, Electricity / Telephone bill, etc…
- If the address in aadhar, voters ID, Driving License, etc… (ID Proofs) is same as the residence address, the separate residence address proof is not required.
