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Fixed Deposit Scheme | Special Deposit Scheme - Karur Vysya Bank

Secure your financial future with KVBu2019s fixed deposit schemes. Benefit from attractive interest rates, flexible deposit terms, and assured growth on your investment. Whether for short-term or long-term goals, our fixed deposits provide a safe and reliable way to grow your savings.<br>For more details: www.kvb.co.in/personal/deposits/fixed-deposits/<br>Visit our site: www.kvb.co.in/<br>#kvb #karurvysyabank #kvbfixeddeposit #fixeddepositscheme #fixeddeposit #investmentoptions #financialflexibility #securesavings #loanagainstdeposit #interestpayments #financialplanning #flexibleinvestment #savingsplan #pr

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Fixed Deposit Scheme | Special Deposit Scheme - Karur Vysya Bank

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  1. KVB Fixed Deposit KVB Fixed Deposit scheme provides you with the convenience of receiving interest at regular intervals (Half-yearly / Quarterly / Monthly) and is ideally suited for persons who depend on regular interest income. Feature and benefit Can be opened by Individuals, HUF, Trust, Partnership firms, Companies, Associations etc., Interest is payable at regular intervals (Half / Quarterly / Monthly) as desired by the depositor. But monthly interest is permitted at a discounted rate. Nomination facility is available. Loan available on deposit. Premature closure is allowed, subject to the applicable norms. ● ● ● ● ● Charger & Limits The minimum amount that can be invested is Rs. 100/- and there is no restriction on the maximum amount. These deposits are eligible only for simple interest. Period of Deposit may vary according to depositor's choice. However minimum and maximum period shall be 7 days and 10 years respectively. ● ● ● www.kvb.com www.kvb.com Customer Care:1860 258 1916

  2. Charger & Limits The interest earned on the deposits will attract the TDS as applicable. If the interest amount is not claimed by the depositor, it will not be eligible for any further interest. ● www.kvb.com Customer Care:1860 258 1916

  3. Domestic Term Deposits (Card Rates) Revised Rate (Less than Rs. 3 Crores) (w.e.f. 22.11.2024) Annualised Interest Yield (per annum) Time Bucket 7 Days to 14 days 4.00% 4.06% 15 Days to 30 days 4.00% 4.06% 31 Days to 45 days 5.25% 5.35% 46 Days to 90 days 5.25% 5.35% 91 Days to 120 days 6.00% 6.14% 121 Days to 180 days 6.00% 6.14% 181 Days to 270 days 6.25% 6.40% 271 Days to 332 days 6.50% 6.66% 333 days 7.40% 7.61% 334 days to less than 1 year 6.50% 6.66% www.kvb.com Customer Care:1860 258 1916

  4. Domestic Term Deposits (Card Rates) Revised Rate (Less than Rs. 3 Crores) (w.e.f. 22.11.2024) Annualised Interest Yield (per annum) Time Bucket 1 Year to 443 days 7.00% 7.19% 444 Days 7.50% 7.71% 445 Days upto 2 years 7.00% 7.19% Above 2 years upto 759 days 7.00% 7.19% 760 Days special deposit 7.60% 7.82% 761 Days up to 3 years 7.00% 7.19% Above 3 years upto 5 years 7.00% 7.19% Above 5 years upto 6 years 6.25% 6.40% Above 6 years 6.25% 6.40% For KVB - Tax Shield Deposits 7.00% 7.19% Rainbow Deposits(RBFD) 5.25% 5.35% KVB Green Deposits Scheme (2345 Days) 6.25% 6.40% Kindly contact the nearest branch for deposits above Rs. 3 Crores. www.kvb.com Customer Care:1860 258 1916

  5. Penal Interest on pre-closure of deposits Up to Rs. 3 Crores of deposit – Penalty of 1% from applicable ROI. Above Rs. 3 Crores of deposit – Pre-closure Penalty norms applicable. ● ● Interest will be calculated at the rate applicable for the period the deposit has actually remained with the bank. The rates are subject to change without notice. *KARUR VYSYA BANK RESERVES THE RIGHT TO CHANGE / ALTER/ WITHDRAW TERMS AND CONDITIONS OF THE SCHEME. To check all Interest rate: Click here www.kvb.com Customer Care:1860 258 1916

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