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Old October 12th, 2017, 05:49 PM
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Default Karur Vysya Bank FD Interest Rates

My father wants to open Fixed Deposit (FD) Account in Karur Vysya Bank. He wants to know about latest interest rate, so do you know What are Interest Rates on Fixed Deposit (FD) Account of Karur Vysya Bank?
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Old October 13th, 2017, 11:28 AM
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Default Re: Karur Vysya Bank FD Interest Rates

As you are looking for latest interest rates for Fixed Deposit (FD) Account of Karur Vysya Bank, so here I am providing following latest Interest Rates:

Karur Vysya Bank latest Interest Rates for Fixed Deposit Account

Domestic Term Deposits (Card Rates)
Time Bucket Revised interest
(Less than 1 crore) (w.e.f. 07.05.2017)
7 Days to 14 days 5.00%
15 Days to 30 days 5.00%
31 Days to 45 days 5.50%
46 Days to 90 days 6.00%
91 Days to 180 Days 6.90%
181 Days to 270 days 6.75.%
271 Days to less than 1 year 6.75.%
1 year to less than 2 years 6.75.%
2 years to less than 3 years 7.00%
3 years and above 7.00%
KVB - Tax Shield 7.00%

Senior Citizens Deposits (Card Rates):
Time Bucket Revised rate
(w.e.f. 07.05.2017)
1 year to less than 2 years 7.25%
2 years to less than 3 years 7.50%
3 years to 5 years 7.50%
KVB - Tax Shield Deposits 7.00%

Flexi Term Deposits
Time Bucket Revised rate
(w.e.f. 12.05.2017)
300 days 6.25%

Penal Interest on pre closure of deposits
Up to Rs.1 crore of Deposit Penalty of 1% from applicable ROI
Above Rs.1 crore of deposit Pre closure Penalty norms applicable
Answered By StudyChaCha Member
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