KTDFC Fixed Deposit FD Calculator

Total Investment


Number of years

1 yr
25 yrs

Interest Rate

1 %

Fixed Deposits Interest Rates - General Public

Tenure bracket KTDFC Regular FD rates (per annum)
1 year 6.00%
2 years 6.00%
3 years 6.00%
4 years 5.75%
5 years 5.75%

Note: The FD interest rates are effective as of 15 July 2022

Fixed Deposits Interest Rates - Senior Citizens

Tenure bracket KTDFC Senior Citizens FD rates (per annum)
1 year 6.25%
2 years 6.25%
3 years 6.25%
4 years 6.00%
5 years 6.00%

Note: The FD interest rates are effective as of 15 July 2022

KTDFC FD Calculator

Investors looking for secured investment options with guaranteed returns can opt for fixed deposit schemes. Several banks and NBFCs offer fixed deposit schemes at competitive interest rates to attract potential investors. KTDFC fixed deposit is offered by KTDFC or the Kerala Transport Development Finance Corporation LTD.

It is an RBI-registered Non-Banking Financial Company. It is entirely owned by the Kerala Government and offers guaranteed returns with lucrative interest rates. If you plan to invest in this FD scheme, ensure to calculate the returns beforehand. It will help you choose a suitable FD scheme and earn higher interest on maturity.

KTDFC Fixed Deposit Calculator

KTDFC offers the highest interest rates of 7% for a tenure of 1 year for general citizens. Unlike other banks and NBFCs, the accrued interest rate for KTDFC FDs is higher at shorter tenures. For instance, if you choose an investment tenure of 5 years, you earn an interest of 6.75%. However, for a shorter tenure of 1 or 2 years, the accrued interest rate is 7%.

KTDFC fixed deposit rates vary as per tenure. It would be beneficial if you calculate the FD returns before you invest in fixed deposits. It will help you to make an informed decision and enhance your chances to maximise your returns.

Fixed deposit calculators are efficient online tools that make your task of FD return calculation easier and produce accurate results instantly. KTDFC fixed deposit calculator assists you in computing the maturity amount as per the investment tenure, ROI, invested amount, etc.

You can check the section below to know the calculation procedure in detail!

How Does the KTDFC Fixed Deposit Calculator Work?

The KTDFC fixed deposit calculator works in a simple and convenient way. It computes the results based on the inputs you provide.

A quick glance at the steps you need to follow while determining your estimated FD returns:

Select the investment tenure by dragging a purple line under

1. “Number of years” space or enter the tenure in manually
2. Enter the interest rate on the proper field and wait for the results
3. Your estimated returns will be displayed instantly on the same page at the right-hand side

You can compare the FD returns from multiple FD investments using this tool in a hassle-free way.

FD interest calculation procedure follows two different formulas. One for simple interest calculation and the other for compound interest calculation. Simple interest formula is stated as; M= P+ (PXRXT/100)

However, for compound interest calculation, the following formula is used:

However, for compound interest calculation, the following formula is used:

A = P (1 + r/n) ^ nxt

In the above formula, ‘A’ represents the total amount you receive after the completion of tenure

‘P’ or the principal amount stands for the amount you invest in a fixed deposit account

‘r’ is the annual KTDFC fixed deposit rates

‘n’ stands for the frequency of interest compounding

‘t’ denotes the total investment tenure in years

Let’s take an example for better illustration:

If you invest ₹10,000 for 5 years at an interest rate of 6.70%, the maturity amount will be calculated as follows:

A = 10,000 (1 + 6.70%/1) ^ 1×5
= 13,941

So, you will earn a maturity amount of ₹13,941. Hence, the interest earned will be A-P = ₹3,941.

Advantages of KTDFC Fixed Deposit Calculator

You have already known that KTDFC fixed deposit calculator helps in easy and accurate interest calculations. However, the advantages of this online tool are not limited to this. Here are some more benefits of this FD calculator:

You can use the Upstox KTDFC fixed deposit calculator to get a clear idea of how much your investment would provide you. It helps you plan your investments and finances accordingly and earn higher returns.

Frequently Asked Questions

What is the highest interest rate on KTDFC FD?

The highest interest offered by KTDFC fixed deposit is 7% against investment tenure of 1,2 and 3 years. This is applicable for general citizens.

What is the minimum amount of investment for FDs under KTDFC?

KTDFC accepts a minimum investment of ₹10,000 for their fixed deposit schemes.

Do we have a premature withdrawal facility on KTDFC FD?

This NBFC offers premature withdrawal of fixed deposits against a certain penalty.

What is the penalty for early withdrawal in KTDFC FD?

If you withdraw the amount after 3 months of investing but before 6 months, you need not pay any penalty. However, if you withdraw after 6 months but before the maturity date you will receive 2% less interest than the accrued rate.

Can I deposit an extra amount into an already existing FD?

No, you cannot add any additional amount to your existing fixed deposit. Instead, you can open another fixed deposit account.

Can I close a KTDFC fixed deposit account online?

To close the FD account, you need to visit the branch from where you have opened the FD account.

Who are eligible to open a KTDFC Fixed Deposit Account?

Indian residential individuals, Hindu Undivided Family (HUF), Private companies, Government firms, Societies, trusts, etc. can open a KTDFC fixed deposit account.

Are there any special rates for senior citizens?

KTDFC offers an additional 0.25% interest rate on the general interest rates for senior citizens.

This calculator is meant to be used for indicative purposes only. It is designed to assist you in determining the appropriate amount of prospective investments. This calculator alone is not sufficient and shouldn’t be used for the development or implementation of any investment strategy. Upstox does not take the responsibility/liability nor does it undertake the authenticity of the figures calculated therein. Upstox makes no warranty about the accuracy of the calculators/reckoners. The examples do not claim to represent the performance of any security or investments. In view of the individual nature of tax consequences, each investor is advised to consult his/her own professional tax advisor before making any investment decisions on the basis of the results provided through the use of this calculator.