Deposits are accepted from the public under two Schemes, viz. Periodic Interest Payment Scheme and Money Multiplier Scheme.
Periodic Interest Payment Scheme
For deposits under this Scheme, the minimum amount acceptable is Rs.10000/- and further in multiplies of Rs.1000/- and the interest is paid monthly or quarterly by way of ECS/NEFT/Interest Warrants.
Money Multiplier Scheme
For deposits under this Scheme, deposits are accepted in multiples of Rs.1000/- with a minimum of Rs.10000/- and the deposits along with interest accruing periodically are paid at the end of the deposit period (MONTHLY COMPOUNDING).
INTEREST RATES OF FIXED DEPOSITS OF KTDFC
The interest rates on Fixed Deposits of KTDFC with effect from 1st December 2009 is as follows:
For Senior Citizens the interest rate will be 0.25% above the normal interest rate.
" FIXED DEPOSITS GUARANTEED BY GOVERNMENT OF KERALA "" REPAYMENT OF DEPOSITS UP TO Rs. 400 CRORES WITH INTEREST GUARANTEED BYGOVERNMENT OF KERALA VIDE G.O.(MS) No.49/2006/TRAN dated 08.09.2006. " --------------" THE DEPOSIT AS ON 28/02/2009 is Rs.368 Crores "(Provisional)
For further details kindly contact on the below mentioned number :
022 - 40156688 / 40156692 / 40156699
Thanks ,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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