Fixed Deposit Details
Bank Name
PKF Finance Ltd.
Eligibility
Any Indian Resident
Interest Rate
Up to 8.65%
Tenure
1-5 Year
Fixed Deposit Type
Regular
Regular Fixed Deposit
Tax Benefits
No
Credit Ratings
F A-/Stable (Reaffirmed)
Interest Payment Frequency
On maturity. Typically for fixed deposits having interest payment at maturity, compound interest is applicable and for fixed deposits having monthly interest payment, simple interest is applicable. Typically fixed deposits having a tenure of one year or less, simple interest is applicable. It is best to consult the bank officials before you book a fixed deposit.
Cummulative/Non-Cummulative
Cumulative
Features
For Non-cumulative Deposit: 0.10% lower ROI if interest paid quarterly, 0.20% lower ROI if paid monthly The tenure of the scheme ranges from 12 months to 60 months For senior citizens interest rate ranges from 7.50 to 8.25% Premature withdrawal is allowed with a penalty
Minimum Investment Amount
No information provided
Features & Benefits
Pros
Competitive Interest Rates
Flexible Investment Options
Potential Loan Against Deposit
Cons
Early Withdrawal Penalty
Limited information
Pros & Cons
Account Opening Procedure
How to Open?
Customer Helpline Number : 9876012342 Email : info@pkffinance.com or visit PKF Limited office nearby
Application Procedure
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