Are you looking for short-term savings with high interest rates? Do you want to save money long-term and grow your wealth? KBZ Bank proudly introduces Monthly Growth Fixed Deposit Account, a new type of account that allows you to save money at your convenience while earning the highest monthly interest rates.
The Monthly Growth Fixed Deposit Account differs from other accounts by allowing account holders to earn the interest monthly, instead of having to wait until account maturity. And when opening a new account or upon account maturity, customers are free to choose any Call, Current or Savings Deposit Account (cash/special accounts) of their choice for the transfer of funds.
Available account tenors and interest rates are:
✤ 90 Days ✤
Below 3000 lakhs: 10.25% p.a.
3000 lakhs or more: 10.75% p.a.
✤ 180 Days ✤
Below 3000 lakhs: 10.5% p.a.
Above 3000 lakhs or more: 11.00% p.a.
✤ 270 Days ✤
Below 3000 lakhs: 10.75% p.a.
Above 3000 lakhs or more: 11.25% p.a.
✤ 360 Days ✤
Below 3000 lakhs: 11.25% p.a.
Above 3000 lakhs or more: 11.75% p.a.
*Interest rates effective as of September 1st, 2024