Kutumb Kalyan Fixed Deposit

  • Kutumb Kalyan Fix Deposit [K.K.F.D] scheme is an attractive scheme to deposit your savings for fix period for 15 months to 60 months as per your future requirements.
  • We provide Interest compounded quaterly payable at maturity.
  • We provide attractive Interest Rates to our Customers from time to time.
  • We offer 0.25% extra Interest Rate to Senior Citizens(Age upto 60 or above)on [K.K.F.D] of more than 1 year period and above.
  • Guardian can open Minor’s Fix deposit A/c. When minor turns major then at maturity he/she can withdraw the amount with his/her signature, after providing valid age proof.
  • We offer nomination facility for all deposit accounts.
  • We provide quarterly Interest payment to our customers on their existing Fix Deposits as per their instruction.
  • Loan and Overdraft facility is available against [K.K.F.D] receipt.
  • The maturity date of Loan and Overdraft Account against [K.K.F.D] is maturity date of [K.K.F.D] Receipt.
  • TDS on Interest income will be deducted as per Income Tax Act.
  • We are member of Deposit Insurance and Credit Guarantee Scheme [DICGC] in which customers deposit are insured up to Rs. 1 Lac.

 

RULES & REGULATION FOR KUTUMB KALYAN [K.K.F.D]

  • Depositor has to fulfill KYC norms as per RBI directive.
  • Customer can Open [K.K.F.D] A/c with minimum of Rs.500/-
  • Guardian can open Minor’s [K.K.F.D] A/c. When minor turn major then after providing valid age proof he/she can withdraw the amount with his/her signature.
  • In the case of premature withdrawal will be deposit it will observe that what is the period the deposit remained with bank, then the Interest Rate will be compare between present/ Existing rate and the rate at the time of deposit which ever is less will be applicable and 1% penalty will also deduct from interest rate and then the interest calculation will be done on the deposit amount and that interest amount will be payable to the customer.
  • All rights reserved to the Bank’s management to Change the Interest Rate of the [K.K.F.D] Scheme without prior notice. Change of Interest rate will be applicable to new deposits only.
  • The Bank having rights of appropriation, set off, lien and change the rules and regulation for the scheme.

 

REQUIREMENTS TO KUTUMB KALYAN FIX DEPOSIT

  • Valid Photo I.D. & Address Proof of proprietor / partners /directors
  • (A) Any one of proof for all partners/ directors or proprietor (Photo Id) 
    1.Passport, 2.Driving License, 3.Voter ID Card, 4.Government Approved College/university I.Card, 5. Government/Semi government/Department I.Card
  • (B) Address Proof(Any One)
    1. Electricity Bill (not more than 2 months old) 2. BSNL Landline Telephone Bill (not more than 2 months old) 3.Municipal Tax Bill
  • Other proof acceptable by Bank.
  • Passport Size Photograph – 2 Copies
  • Pan Card
  • Birth Certificate for minor a/c.
  • Senior Citizens have to produce age proof to avail extra Interest Rate benefit.