Latest Karur Vysya Bank FD Rates
According to Karur Vysya Bank, the bank will now offer a 4.00% interest rate on fixed deposits maturing in 7 to 30 days and a 5.25% interest rate on those maturing in 31 to 120 days. Deposits maturing in 121 days to 180 days will now earn 6% interest, while those maturing in 181 days to less than a year will earn 6.25%.Karur Vysya Bank will now offer an interest rate of 6.50% on FDs maturing in 271 days to 332 days , and an interest rate of 7.10% on those maturing in 333 Days. The bank offers a 6.50% interest rate on tenure of 334 days to less than 1 year.Karur Vysya Bank now offers an interest rate of 7.00% on FDs maturing in 1 year to 443 days, and an interest rate of 7.20% on those maturing in 444 days. The bank is presently offering a 7% interest rate 445 Days to 3 years and a 6.25% interest rate on deposits maturing in the next 3 to 6 years or longer.
The bank offers a 5.90% interest rate on KVB – Tax Shield Deposits.
Time Bucket | Revised Rate (Less than Rs. 2 Crores) (w.e.f. 16.08.2023) |
7 Days to 14 days | 4.00% |
15 Days to 30 days | 4.00% |
31 Days to 45 days | 5.25% |
46 Days to 90 days | 5.25% |
91 Days to 120 days | 6.00% |
121 Days to 180 days | 6.00% |
181 Days to 270 days | 6.25% |
271 Days to 332 days | 6.50% |
333 days | 7.10% |
334 days to less than 1 year | 6.50% |
1 Year to 443 days | 7.00% |
444 Days | 7.20% |
445 Days upto 2 years | 7.00% |
Above 2 years upto 3 years | 7.00% |
Above 3 years upto 5 years | 6.25% |
Above 5 years upto 6 years | 6.25% |
Above 6 years | 6.25% |
For KVB – Tax Shield Deposits | 5.90% |
Rainbow Deposits(RBFD) | 5.25% |
The minimum amount that can be invested in FD is Rs. 100/- and there is no restriction on the maximum amount.
Senior citizen FD rates
KVB offers interest rates between 7.50% to 7.70% on tenures ranging between 333 days to 10 years. The highest interest rate of 7.70% is offered on 444 days tenure.
Time Bucket | Revised Rate |
333 days | 7.50% |
1 year to 443 days | 7.40% |
444 days | 7.70% |
445 upto 2 years | 7.40% |
Above 2 years upto 3 years | 7.40% |
Above 3 years upto 5 years | 6.65% |
Above 5 years upto 6 years | 6.65% |
Above 6 years upto 10 years | 6.65% |
For KVB – Tax Shield Deposits | 5.90% |