Kalyan Thev Yojana

Features

Under this scheme interest is compounded quarterly.

Penalty for Premature Withdrawal:

Penalty for pre-mature payment will continue at 1% other than deposits reinvested for the longer period of maturity beyond the expiry of premature deposit

Eligibility

Nationality Indian

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ANNEXURE-A-INDIVIDUAL SAVING-CURRENT ACCOUNTS

ANNEXTURE-E-SOCIETY-ASSOCIATION-CLUBS-TRUST ACCOUNTS

ANNEXURE -B-SOLE PROPRIETORSHIP ACCOUNTS

ANNEXURE-C-PARTNERSHIP ACCOUNTS

ANNEXURE-D-COMPANIES ACCOUNTS

Interest Rate

View Interest Rate Click Here

TDS

TDS will be deducted as per applicable Income Tax rule. At per the prevailing rule, TDS will be deducted if the aggregate of interest exceeds Rs.40,000 unless Form 15G/ Form 15 H is submitted at the beginning of each financial year.

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