Karur Vysya Bank has a long-standing tradition of more than 100 years and is continually striving to deliver innovative financial products. Amongst its numerous financial offerings, the Karur Vysya Bank FD is one of the popular products.
With attractive KVB FD rates for regular and senior investors, the fixed deposit helps you earn handsome returns.
The Karur Vysya Bank fixed deposit interest rates range from 4% p.a. to 7.50% p.a. for non-senior citizens. The KVB senior citizen FD rates vary from 4.50% p.a. to 8.00% p.a. for deposits less than ₹2 Crores.
Read on to know more about KVB FD interest rates.
Booking a KVB fixed deposit offers attractive benefits to both Indian residents and NRIs. With various types of fixed deposit options available, you can choose the one that best aligns best with your investment goals.
With senior citizens getting an advantage of 0.50% p.a. over the existing FD rates, you may even open an account for your dependent parents. This may help them earn regular income when you opt for a non-cumulative FD type.
While a cumulative FD works on the power of compounding and lets you earn interest on maturity, a non-cumulative type offers interest earnings at regular intervals. These are monthly, quarterly, half-yearly and annually payout modes.
Check out the Karur Vysya Bank FD rates for non-senior and senior citizens.
Tenor |
Karur Vysya Bank FD Interest Rates for Non-Senior Citizens (% p.a.) |
Karur Vysya Bank FD Interest Rates for Senior Citizens (% p.a.) |
7 days to 14 days |
4.00% |
4.50% |
15 days to 30 days |
4.00% |
4.50% |
31 days to 45 days |
5.25% |
5.50% |
46 days to 90 days |
5.25% |
5.50% |
91 days to 120 days |
6.00% |
6.50% |
121 days to 180 days |
6.00% |
6.50% |
181 days to 270 days |
6.25% |
6.75% |
271 days to less than 1 year |
6.50% |
6.75% |
1 Year to 443 days |
7.00% |
7.50% |
444 days |
7.50% |
8.00% |
445 days up to 554 days |
7.00% |
7.50% |
555 days |
7.25% |
7.75% |
556 days up to 2 years |
7.00% |
7.50% |
Above 2 years up to 3 years |
7.00% |
7.50% |
Above 2 years up to 3 years |
7.00% |
7.50% |
Above 3 years up to 5 years |
6.25% |
6.75% |
Above 5 years up to 6 years |
6.25% |
6.75% |
Above 6 years |
6.25% |
6.75% |
For KVB - Tax Shield Deposits |
5.90% |
6.40% |
Disclaimer: Note that these KVB FD rates are applicable on domestic term deposits up to ₹2 Crores and are subject to change at the issuer’s discretion.
Here is a table discussing Karur Vysya Bank FD rates for NRE deposits.
Tenor |
KVB Fixed Deposit Rates (% p.a.) |
1 year up to 443 Days |
7.00% |
444 Days |
7.50% |
445 Days up to 554 days |
7.00% |
555 Days |
7.25% |
556 days up to 2 years |
7.00% |
Above 2 years up to 3 years |
7.00% |
Above 3 years up to 5 years |
6.25% |
Above 5 years up to 6 years |
6.25% |
Above 6 years |
6.25% |
Disclaimer: Note that these KVB FD rates are applicable on domestic term deposits up to ₹2 Crores and are subject to change at the issuer’s discretion.
Remember that FD returns vary according to the tenor, interest rate and the principal invested amount. The more you stay invested, the higher your interest earnings. To help you understand how interest earnings vary according to tenor and individual type, here is an example.
Assume an investment of ₹2 Lakhs for a tenor of 3 years and see the difference in interest earnings between a senior and non-senior citizen. While KVB FD interest rates for senior citizens are 7.50% p.a., they are 7.00% p.a. for non-senior investors for the same investment timeline.
Interest Rate (%p.a.) |
Earnings |
Maturity Amount |
7.00% |
₹29,776 |
₹2,29,776 |
7.50% |
₹32,044 |
₹2,32,044 |
Disclaimer: The rates are subject to change at the lender’s discretion, and the returns may vary depending on the investment terms.
Computing your FD interest income is easier with the help of a KVB fixed deposit calculator. This online computational tool helps you calculate accurate results instantly. All you have to do is input the tenor, FD amount and interest rate on a KVB FD calculator.
The KVB fixed deposit interest rates calculator also lets you compare various interest rates across tenors and choose one that best aligns with your financial goals. This helps you earn handsome returns and make informed decisions.
Remember that opting for a payout at maturity helps you earn higher interest earnings, as this FD type works on the power of compounding.
In case you require regular income, you can opt for a non-cumulative FD and receive your earnings on a monthly, quarterly, half-yearly and annual basis. The KVB FD calculator allows you to compare interest rates and earnings over a chosen timeline.
Here is a comparative analysis of FD interest rates offered by a few leading financial institutions.
Fixed Deposit Issuer |
Rates for Non-Senior Citizens |
Rates for Senior Citizens |
Bajaj Finance |
Up to 8.35% per annum |
Up to 8.60% per annum |
PNB Housing Finance |
Up to 7.85% per annum |
Up to 8.15% per annum |
Mahindra Finance |
Up to 8.05% per annum |
Up to 8.30% per annum |
Axis Bank |
Up to 7.20% per annum |
Up to 7.95% per annum |
Bank of Baroda |
Up to 7.25% per annum |
Up to 7.75% per annum |
Union Bank of India |
Up to 7.30% per annum |
Up to 7.80% per annum |
ICICI Bank |
Up to 7.10%% per annum |
Up to 7.60% per annum |
HDFC Bank |
Up to 7.10% per annum |
Up to 7.75% per annum |
IDFC First |
Up to 7.75% per annum |
Up to 8.25% per annum |
State Bank of India |
Up to 7.10% per annum |
Up to 7.60% per annum |
Disclaimer: The above interest rates are subject to change at the issuer’s discretion.
Here are a few benefits of booking a fixed deposit at KVB:
These deposits can be opened by companies, resident individuals, partnership firms, HUFs, trusts, NRIs, etc
Opt for a nominee when you book the fixed deposit
Attractive KVB fixed deposit interest rates help you grow your corpus
Avail a loan against the fixed deposit when in need of cash
Premature closure available with minimal penalty
Choose regular interest payout options such as monthly, quarterly and half-yearly, based on your investment goals
With Karur Vysya Bank fixed deposit rates allowing you to earn potential returns, you can easily book one by submitting minimal documents. Simply submit your ID and address proof along with your latest photograph to book an FD and enjoy lucrative interest rates.
Here are a few FD types you can choose from based on your financial goals.
KVB 444 Special Deposit Scheme allows you to earn higher KVB FD interest rates for senior and non-senior investors
Regular fixed deposits having tenor options varying from 7 days to 10 years
KVB tax saving deposits with a lock-in duration of 5 years
KVB Double Delight allows you to earn potential returns for tenors ranging from 1 to 10 years
If you want to book FDs at competitive interest rates, you can check some of the leading FD issuers at Bajaj Markets. Compare different rates and choose a suitable plan to help you maximise your earnings.
Other Bank FD Calculator |
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Yes, you can book an FD account online from the convenience of your home. Make sure to submit relevant documents and choose an attractive KVB FD interest rate before you start an account.
If the total deposit amount exceeds ₹50,000, you must furnish your PAN details.
The KVB 444 Special Deposit Scheme offers the highest interest rates of 7.50% p.a. and 8.00% p.a. for non-senior and senior investors.
Yes, you can use this online calculator to assess your interest earnings and select a tenor that best suits your investment goals.