KSFE lets you make fixed deposits with higher interest rates. Fixed deposit scheme offered by KSFE has many features similar to that of Fixed Deposits (FD) in banks. But the return offered by KSFE is comparatively higher than that of banks. The interest rate of deposits from the public is 6.5% per annum, chitty prize money deposit is 7% and for fresh deposits from senior citizens is 7.75%. The effective returns are higher than the published interest rates, because of monthly payment of interest.