KERALA TRANSPORT DEVELOPMENT FINANCE CORPORATION  LTD

A Government of Kerala Undertaking

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

Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Asia/Calcutta' for 'IST/5.0/no DST' instead in /var/www/clients/client15/web37/web/libraries/joomla/utilities/date.php on line 56 Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Asia/Calcutta' for 'IST/5.0/no DST' instead in /var/www/clients/client15/web37/web/libraries/joomla/utilities/date.php on line 198 Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Asia/Calcutta' for 'IST/5.0/no DST' instead in /var/www/clients/client15/web37/web/libraries/joomla/utilities/date.php on line 198

INTEREST RATES



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

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

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.


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


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

(4) For Issuing Duplicate Cheque(s)


6.00% 10617 6.17%