Recurring Deposit
KTC Bank helps investors to cultivate the habit of monthly savings with the help of its Monthly Recurring Deposit schemes where investors can start with a very nominal amount of Rs.100 per month. ...find the Up-to-date and Attractive Interest Rates for the Deposits; that suits your customized needs...
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.