KB CUMILATIVE FIXED DEPOSIT ACCOUNT
PRODUCT TO HIGH RETURN ON SURPLUS FUND
CUMULATIVE FIXED DEPOSIT ACCOUNT | FEATURES |
Interest application | Interest is compounded quarterly and paid on maturity |
Amount of deposit | Minimum Rs. 1000 No maximum limit |
Basic Fixed Deposit facility | Applicable |
Eligibility Criteria | Same as that of Basic Fixed Deposit |
Others | Senior citizens are offered additional interest of 0.50% The interest rate payable to KB Staff and KB pensioners will be 1.00% above the applicable rate |