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KT Savings Account

Your savings plan for the future.
Let your money work for you.

Attractive conditions for monthly savings

With the KT Savings Account, clients can create a financial cushion for all eventualities. The account facilitates a long-term savings approach and comes with a minimum monthly savings rate of € 25 and a duration of 5-10 years. For families in particular, a foresighted austerity plan remains an essential topic. Think today about tomorrow and build up financial reserves for the future of your family. Benefit from your savings plan when it is important – when your children take their driving tests, get married or in case you want to make your own long-held wish come true.

Islam-compliant savings account

A savings scheme with top returns: The KT Savings Account helps you to steadily increase your assets in a reasonable way. Based on the KT Participation Account, the savings deposits are being funneled into a pool for ethical investments into the real economy according to the Islamic value set. You also profit from one of the currently highest returns in the area of fixed-term deposits.

The advantages of the KT Savings Account

  • Islam-compliant savings plan on the basis of participation
  • Above-average returns
  • Minimum monthly savings rate from € 25
  • Terms between 60 and 120 months
  • Three extension options
  • Joint account for two or more people

This is how the KT Savings Account works:

When you apply for a KT Savings Account, you specify the term, the monthly saving amount, the amount of your initial deposit as well as your preferred extension option following the expiry of the term. Your KT Current Account will serve as clearing account for your KT Savings Account. After paying the deposit onto the KT Current Account, the savings account will be opened. At the beginning of every month the savings rate will be debited via SEPA from your account. At the end of the term, you will receive an account statement with information about revenues and profit payments.
Extension options:
(a) No automatic extension. Your deposit including profits will be paid to your KT Current Account.
(b) Automatic extension of the deposit including profits for the selected term and under the valid allocation formula for profit sharing at the time of extension.
(c) Automatic extension of the deposit excluding profits for the selected term and under the valid allocation formula for profit sharing at the time of extension. The profits will be paid out to your current account.

Clever savings – apply for your KT Savings Account now

Your KT Savings Account in a few steps:
Are you already a KT Bank client? Then please fill out the KT Savings Account application form and send it to us.
For new clients:
  1. Click „Open account“ in order to apply for a free-of-charge KT Current Account.
  2. Fill out the online-application – it only takes a few minutes.
  3. Keep your ID or passport ready for verification of identity via VideoIdent.
  4. After successful legitimation you will receive from us all documents via email.
  5. After opening the KT Current Account, please fill out the application form for the KT Savings Account and send it to us.
If you prefer to use our forms in order to open the KT Current Account, please visit our forms center.
The KT Savings Account is not subject to the statutory deposit protection.
Service Telefon:069 – 255 10 200Mo-Fr 08:00 – 18:00 Uhr