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Karur Vysya Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 1 cr (last revised on Aug 04, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 Days to 14 days  Less than Rs. 1 cr

6.00

6.00

Calculate
15 Days to 30 days  Less than Rs. 1 cr

6.00

6.00

Calculate
31 Days to 45 days  Less than Rs. 1 cr

7.70

7.70

Calculate
46 Days to 90 days  Less than Rs. 1 cr

7.70

7.70

Calculate
91 Days to 180 Days (6 months)  Less than Rs. 1 cr

8.40

8.40

Calculate
181 Days to 270 days  Less than Rs. 1 cr

8.50

8.50

Calculate
271 Days Upto including 1 year  Less than Rs. 1 cr

9.00

9.00

Calculate
1 year up to 2 years Less than Rs. 1 cr

N.A

9.50

Calculate
Above 1 year and Upto 2 years Less than Rs. 1 cr

9.00

N.A

Calculate
Above 2 years to 3 years Less than Rs. 1 cr

N.A

9.75

Calculate
Above 2 years and Upto 3 years  Less than Rs. 1 cr

9.25

N.A

Calculate
Above 3 years to 5 years Less than Rs. 1 cr

N.A

9.75

Calculate
Above 3 years Less than Rs. 1 cr

9.25

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
KVB - Tax Shield - 5 years Upto Rs. 1 lakh

8.50

8.75

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Aug 04, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 Year Less than Rs. 1 cr 9.00 Calculate
Above 1 year and Upto 2 years Less than Rs. 1 cr 9.00 Calculate
Above 2 years to 3 years Less than Rs. 1 cr 9.25 Calculate
Above 3 years Less than Rs. 1 cr 9.25 Calculate
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