Kolte Patil Developers Ltd. Fixed Deposit Scheme

kolte_Patil_fixed_deposit_schemeCompany Profile: Kolte Patil Developers Ltd.

Ever since its inception, Kolte Patil Developers Ltd. (KPDL) has been on the forefront of developments with its trademark philosophy of ‘Creation and not Construction’. With over 5 million square feet of landmark developments across Pune and Bengaluru, KPDL has created a remarkable difference by pioneering new lifestyle concepts, leveraging cutting edge technology and creating insightful designs. KPDL’s extensive spectrum of creations spans across multiple segments like residential projects, business and retail properties, IT Parks, Integrated Townships and Hospitality Infrastructure. Its core business operations feature varied aspects of construction business, such as location identification, acquisition, project planning, designing and development.

Features and Benefits of Kolte Patil Developers Ltd. Fixed Deposit Scheme:

  • Minimum amount of deposit to be accepted is Rs. 20,000 and in multiple of Rs. 5,000 thereafter
  • Interest payment cheques in advance for non-cumulative deposit scheme
  • Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
  • An additional interest of 0.5% shall be paid to the following special category investors – senior citizens, handicapped, armed force personnel,  employees, flat owners of Kotle Patil group and Shareholders of the Company

Interest Rate of Kolte Patil Developers Ltd. Fixed Deposit Scheme:

Scheme A: Non-Cumulative Deposit Scheme (Interest Payable Quarterly)
Period (Year) Minimum Deposit Amount (Rs) Rate of Interest Rate of Interest for Special Category
1 20,000 11.00% 11.50%
2 20,000 11.50% 12.00%
3 20,000 12.00% 12.50%


Scheme B: Cumulative Deposit Scheme (Interest compounded Quarterly)
for General Investors for Special Category Investors
Period (Year) Minimum Deposit Amount (Rs) Maturity Amount (Rs) Rate of Interest Effective Yield Maturity Amount (Rs) Rate of Interest Effective Yield
1 20,000 22,292 11.00% 11.46% 22,401 11.50% 12.01%
2 20,000 25,090 11.50% 12.73% 25,335 12.00% 13.34%
3 20,000 28,497 12.00% 14.16% 28,914 12.50% 14.86%

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Website: Kolte Patil Developers Ltd. Fixed Deposit Scheme

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