Karur Vysya Bank is one of the most popular private sector banks which provides quite attractive interest rates for both short and long term fixed deposits. The Interest rate starts from 6.00% which is higher than other banks.

KVB provides 7.75% interest rates for the period around 1 year, a few banks in India provide such a interest rates. For the period above 2 year, the deposit rate is constant to 7.75%.

In other hand, extra .50% interest rate is applicable for senior citizens for above 1 year deposits. The highest fd rate is 8.25% for senior citizens, but they can’t open fixed deposit account for the amount above 10 cr. Below interest rates are effective 23 November, 2105.

Karur Vysya Bank fd interest rates

Table for Karur Vysya Bank Fixed Deposit Interest Rates for domestic deposits:

Time PeriodInterest Rates (For Amount Below 1 Crore) Interest Rates (Senior Citizens)
(For Amount Above 1 Crore)
7 – 14 Days6.006.00
15 – 30 Days6.006.00
31 – 45 Days7.007.00
46 – 60 Days7.257.25
61 – 90 Days7.257.25
91 Days – 180 Days7.907.90
181 Days – 270 days7.507.50
271 Days – 1 year7.507.50
1 Year7.758.25
1 Year – 2 Years7.758.25
2 Years – 3 Years7.758.25
3 Years – 5 Years7.758.25
5 Years – 10 Years7.758.25
KVB Tax shield deposit7.758.00

KVB Flexi Term Deposit:

TimeInteres rates
 300 days 7.00%

NRE Fixed deposit Interest rates:

Maturity Period Interest rates

(% p.a.)

 1-2 years 7.75
 2-3 years 7.75
 above 3 years7.75

Table updated: 5 April, 2016

Calculate Maturity Value now

Important notes:

  • You need to contact nearest branch for fixed deposits above rs. one crore.

For more details visit bank website @http://www.kvb.co.in/global/resident_domestic_deposits.html

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