Kerala Transport Development Finance Corporation Limited (KTDFC) provides Term Deposits or Fixed Deposits (FD) for rates within the range of 7.25% p.a. to 7.50% p.a. One can choose a maturity period between 1 year and 5 years.
One can check the KTDFC FD interest rates* in the following table:
| Tenure bracket | KTDFC Regular FD rates (per annum) | KTDFC Senior Citizens FD rates (per annum) |
|---|---|---|
| 1 year | 7.50% | 7.75% |
| 2 years | 7.50% | 7.75% |
| 3 years | 7.50% | 7.75% |
| 4 years | 7.25% | 7.50% |
| 5 years | 7.25% | 7.50% |
*The KTDFC Term Deposit rates are subject to change from time to time. The rates of interest given in the table are valid as of 10 November 2019.
KTDFC is an NBFC that has quite a strong presence in the southern region and offers really lucrative interest rates for its customers. Being a non-banking financial corporation, it employs various strategies to invest its funds and thus offers the stellar rates that are advertised. The rates have stayed more or less the same compared to the earlier figures.
As of February 2016, the highest rate of interest from KTDFC is at 8.50% per annum which is valid for deposit tenures of 1 year to 3 years. The rates drop by 0.25% for tenures of 4 years and 5 years. KTDFC also offers additional rates for senior citizens at a fractional increase of 0.25%. Considering that, the best possible rate from KTDFC is currently at 8.75% per annum.
3 February 2016
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