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Frequently Asked Questions
» Deposit
What types of Deposit Services does KBL offer? List of deposit types with brief explanation
Am I eligible to open a deposit account with KBL? (Who are eligible to open an account with KBL?)
How do I open a deposit account with KBL?
What are the mandatory documents I need to submit to open a deposit account?
What is the benefit I get from opening a deposit account with KBL?
What are the Interest Rates being offered by KBL?
On what basis is the Interest calculated?
When are Interest credited?
Is tax deducted in the Interest I am earning, if so what is the rate?
What is the minimum balance I need to maintain?
Are there Account Maintenance Fees?
Are rates negotiable?
Is there a system of passbooks?
Can I have Statement posted to my mailbox or do I need to collect it from the Bank itself?
What is the frequency of the Statements?
Can I have a chequebook? What is the minimum balance I need to maintain to obtain one?
Can I have a personalized Chequebook?
Is there a deposit or withdrawal restriction? (In terms of Rupees)
Is there a restriction on the number of deposits or withdrawals I make?
Can I open a deposit account from the Internet itself?
Can I download the application, fill it up and submit in the Bank?
Is introduction from an account holder mandatory to open a new account?
I want to open an account, but do not know anyone who has an account here, what do I do?
Do I need to deposit money in the first day itself?
How do I close an account?
Is there an account closure maintenance fee?
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