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Old 15th November 2016, 08:35 AM
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Default Karur Vysya Bank Term Deposit Interest Rates

I want to know the term Deposit Interest Rates of Karur Vysya Bank so will you please tell me?
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Old 15th November 2016, 08:55 AM
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Join Date: Mar 2013
Default Re: Karur Vysya Bank Term Deposit Interest Rates

Ok, here I am telling you the latest the term Deposit Interest Rates of Karur Vysya Bank.

Karur Vysya Bank Rates of Interest

Rates of Interest on domestic deposits w.e.f. 07.10.2016

Domestic Term Deposits (Card Rates)

Time Bucket Revised interest
(Less than 1 crore) (w.e.f. 07.10.2016)
7 Days to 14 days 5.50%
15 Days to 30 days 5.50%
31 Days to 45 days 6.00%
46 Days to 90 days 6.50%
91 Days to 180 Days 7.50%
181 Days to 270 days 7.35%
271 Days to less than 1 year 7.35%
1 year to less than 2 years 7.35%
2 years to less than 3 years 7.35%
3 years and above 7.35%
KVB - Tax Shield 7.35%

Senior Citizens Deposits (Card Rates):

Time Bucket Revised rate
(w.e.f. 07.10.2016)
1 year to less than 2 years 7.85%
2 years to less than 3 years 7.85%
3 years to 5 years 7.85%
KVB - Tax Shield Deposits 7.60%

Kindly contact the nearest branch for deposits above Rs.1 crore.

Maximum Ceiling limit for acceptance of Senior Citizens deposits is Rs.5 crore.

Penal Interest on pre closure of deposits

Up to Rs.1 crore of Deposit ā€“ Penalty of 1% from applicable ROI

Above Rs.1 crore of deposit ā€“ Pre closure Penalty norms applicable

Interest will be calculated at the rate applicable for the period the deposit has actually remained with the bank.

Flexi Term Deposits

Time Bucket Revised rate
(w.e.f. 07.10.2016)
300 days 6.25%

The rates are subject to change without notice.

Customer service: 1860 200 1916
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