KCBS - Fixed Deposits

Kakinada Cooperative Building Society Fixed deposits have always stood for safety, credibility with attractive rate of interest .Fixed deposits of Kakinada Cooperative Building Society are mainly two categories (i.e.) cumulative and monthly interest of regular income.

Interest Rates From 01-04-2017

30 Days to 90 Days (FIXED) 5% p.a. 5% p.a.
91 Days to 180 Days 6% p.a. 6% p.a.
181 Days to 300 Days 7% p.a. 7% p.a.
301 Days to 364 Days 8% p.a. 8% p.a.
1 year to Below 3 Years 9.50% p.a. 10.50% p.a.
Above 3 Years 10% p.a. 11% p.a.
Double Amount 88 Months 80 Months

Monthly Interest Rates

1 Year to Below 3 Years 8.50% p.a. 9.50% p.a.
3 Years and Above 9.50% p.a. 10% p.a.


Advantages/ features:

  • Deposits across a minimum tenure of 30 days.
  • Any time access to your deposits.
  • Accidental insurance to depositors.
  • No tax deduction at source
  • Minimum deposit amount of  Rs.1000/- under cumulative and  Rs.500/- under monthly interest Scheme, no bar for maximum limit.
  • Annual compounding method is opted.

Key Points

  • Loan / over draft facility is available upto 80% to 85% of F.D. amount interest with the Kakinada Cooperative Building society. Rate of interest will be 2% over the rate offered on deposit.
  • Premature withdrawal  permitted subject to applicable changes of the Kakinada Cooperative Building society rules.
  • Nomination facility available for all deposits.