Karur Vysya Bank offers fixed deposits with attractive interest rates and flexible tenures ranging from 7 days to 10 years. It provides easy online booking, special rates for senior citizens, and various interest payout options, including monthly, quarterly, and on maturity. Use the calculator to estimate your interest earnings and maturity amounts, making it easy to plan your investments.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 7 Days to 14 days | 4.00 | 4.00 |
| 15 Days to 30 days | 4.00 | 4.00 |
| 31 Days to 45 days | 5.25 | 5.25 |
| 46 Days to 90 days | 5.25 | 5.25 |
| 91 Days to 120 days | 6.00 | 6.00 |
| 121 Days to 180 days | 6.00 | 6.00 |
| 181 Days to 270 days | 6.25 | 6.25 |
| 271 Days to less than 332 days | 6.50 | 6.50 |
| 333 days | 7.40 | 7.80 |
| 334 days to less than 1 year | 6.50 | 6.50 |
| 1 year and up to 443 days | 7.00 | 7.40 |
| 444 Days | 7.50 | 8.00 |
| 445 Days up to 2 years | 7.00 | 7.40 |
| Above 2 years up to 759 days | 7.00 | 7.40 |
| 760 Days Special Deposit | 7.60 | 8.10 |
| 761 Days up to 3 years | 7.00 | 7.40 |
| Above 3 years up to 5 years | 7.00 | 7.40 |
| Above 5 years up to 6 years | 6.25 | 6.65 |
| Above 6 years | 6.25 | 6.65 |
Data last updated on 01/09/2024. Check latest interest rates here.
Karur Vysya Bank FD Calculator
Karur Vysya Bank FD FAQs
Who can open a Fixed Deposit with Karur Vysya Bank?
Fixed Deposits can be opened by individuals, HUFs, trusts, partnership firms, companies, associations, and more.
What is the minimum and maximum tenure for Fixed Deposits at Karur Vysya Bank?
The tenure can range from a minimum of 7 days to a maximum of 10 years.
What is the minimum amount required to open a Fixed Deposit?
You can start a Fixed Deposit with a minimum amount of ₹100, and there is no maximum limit.
What interest payout options are available for Karur Vysya Bank Fixed Deposits?
Interest can be paid half-yearly, quarterly, or monthly (at a discounted rate), as per the depositor's preference.
Is premature closure of Fixed Deposits allowed?
Yes, premature closure is allowed, subject to applicable norms.
Can I get a loan against my Fixed Deposit at Karur Vysya Bank?
Yes, you can avail a loan against your Fixed Deposit.
Is TDS applicable on the interest earned from Fixed Deposits?
Yes, TDS is deducted on the interest earned as per applicable tax laws. If the interest is not claimed, it will not earn further interest.