Are you searching for the KVB FD Calculator? Online Karur Vysya Bank FD Calculator is here for you. Chek the New Karur Vysya Bank FD Interest rates for both the resident individuals and the senior citizens and calculate Karur Vysya bank FD interest rates. Along with the Karur Vysya Bank Fixed Deposit Calculator, you can also find the Karur Vysya Bank FD account opening process, benefits of Karur Vysya Bank on this page. We have also provided the Karur Vysya Fixed deposit calculation process.
Karur Vysya Bank FD Calculator
The Karur Vysya Bank Fixed Deposit Calculators is the tool which is available at online to calculate the Fixed Deposit Maturity amount. FD interest rates in the Karur Vysya Bank are high when compared with other private banks. Once if you decided to open an fixed deposit account in the Karur Vysya Bank you need to chek the FD maturity amount for different Interest Rates. So, you need a Calculator to calculate the FD Interest Rates. The FD calculation can also be done using the formula to calculate Fixed Deposit. But, it may take much time and may cause errors in FD calculation. So, it is the best option to use the Fixed Deposit Calculator. Therefore, to make your calculation easy use the FD calculator which is available on our site.
What is Fixed Deposit Scheme?
The fixed deposit is one of the good saving scheme to save our money. Every individual who is eligible to have an FD account can open the Fixed deposit account in any bank. Fixed deposit is also known as the Term Deposit Account. The concept of fixed deposit is same for all the private and nationalized banks but there will a slight variation in the FD rates. In this saving schemes, you will get the high-interest rates until the end of the maturity period. So, all the people who are interested to get benefited by this Karur Vysya Bank FD Scheme can deposit your savings in Karur Vysya Bank FD Scheme. With the help of the FD calculator, you can calculate the total amount, and the interest rates earned.
How To use the Karur Vysya Bank FD Calculator?
- Click here to get the Fixed Deposit Calculator.
- Then, enter the following details carefully on the Karur Vysya Bank FD Calculator.
- The following are the details you need to enter to calculate the Fixed Deposit Maturity Amount
- Principle Amount.
- Rate Of Interest.
- Click on “calculate”.
- Now, the Karur Vysya Bank FD Calculator displays the Interest amount and the Total maturity amount within a fraction of seconds.
Fixed Deposit Interest Rates (Frequency)
The following are the different types of FD Interest Rates.
- Simple Interest.
- Monthly Compound Interest.
- Halfyearly Compound Interest.
- Yearly Compound Interest.
Karur Vysya Bank Fixed Deposit Rates – Domestic Deposits
|Deposit Period||Karur Vysya Bank FD Interest Rates (< 1 crore)|
|7 to 14 Days||5.0%|
|15 to 30 Days||5.0%|
|31 to 45 Days||5.0%|
|46 to 90 Days||6.0%|
|91 to 180||7.0%|
|181 to 270||7.0%|
|270 to 365||7.0%|
|Below 2 Years||7.0%|
|Below 3 years||7.0%|
|3 Years & Above||7.0%|
|Karur Vysya Bank Tax Shield||7.0%|
Karur Vysya Bank FD Rates – Senior Citizen Deposits
|Deposit Period||Interest Rates (< 1 crore)|
|1 Year to < 2 Years||7.50%|
|2 Years to < 3 Years||7.50%|
|3 to 5 Years||7.50%|
|Karur Vysya Bank Tax Shield Deposits||7.00%|
- The Karur Vysya FD interest rates mentioned in the above table are only for the Principle amount less than 1 core. In case, if you want to invest more than Rs. 1 Crore you can visit the Nearest Karur Vysya Bank.
- Karur Vysya Bank senior citizen deposit limit is Rs. 5 crores.
- All the above given Karur Vysya bank interest rates on FD are with effect from 21.11.2016.
Karur Vysya Bank FD penality Rates
- Up to Rs. 1 crore Deposits: 1%.
- Above Rs. 1 Crore: As Pre the closure.
Interest Rates On Karur Vysya Bank Fixed Deposits
|Deposit Period||Karur Vysya Fixed Deposit Rate|
Karur Vysya Bank Fixed Deposit Schemes
The Karur Vysya Bank Fixed Deposit scheme provides you with the convenience of receiving interest at regular intervals (half-yearly / quarterly/ monthly. It is suitable for people who depends on regular interests. The following are the Fixed Deposit Schemes of Karur Vysya Bank.
- Karur Vysya Short Term Fixed Deposit Rates.
- Mid – term Fixed Deposit Rates in Karur Vysya Bank.
- Karur Vysya Long Term Fixed Deposit Rates.
Karur Vysya Bank Short Term Fixed Deposit Interest Rates
|Tenure||KVB FD Interest Rates|
|7-14 days||5.50% per annum|
|15-30 days||5.50% Per annum|
|31-45 days||6.0% Per annum|
|91-180 days.||7.50% Per annum|
|181-270 days||7.35% Per annum|
|271 days – 1 year||7.35% Per annum|
If you observe the above table the Short Term Fixed Deposit Interest Rates of Karur Vysya Bank are so good when compared to other private banks.
Karur Vysya Bank Mid-Term Fixed Deposit Interest Rates
|Tenure||KVB fd Rates|
|1 year to 2 years||7.35% Per annum|
|2-3 years||7.35% Per annum|
For the people who are willing to deposit the money in the Mid-Term Fixed Deposits, the KVB Fixed deposit is the best as it is offering the excellent interest rates. Refer the FD interest rates of Karur Vysya bank from the above table.
Karur Vysya Bank Long Term Fixed Deposit Interest Rates
- The Period of the Karur Vysya Long Term Fixed Deposit is 3 years
- KVB long Term FD interest rate is 7.35% per annum.
In Karur Vysya Fixed deposit scheme, the tenure is up to 3 years and the Interest rates are also attractive.
Karur Vysya Bank Fixed Deposit Eligibility
- Partnership firms.
- Associations etc.
All the above-mentioned Categories of people have the Eligibility to open the Fixed Deposit Account in Karur Vysya Bank.
Karur Vysya Bank Fixed Deposit Features
- Premature Fixed Deposits are allowed.
- Fixed Interest rates are at regular Intervals i.e, Half/Quarterly/Monthly.
- Nominations are available.
- You can take loans on Fixed Deposit amount.
- Deposits are eligible for only simple Interests.
Terms & Conditions To Open Karur Vysya Bank Fixed Deposit Account
- Maximum Fixed Deposit Amount has “no restrictions“.
- Minimum Fixed Deposit Amount is Rs. 100/-.
- The Karur Vysya Bank Fixed Deposit tenure Period: 15 days and 10 years.
- TDS is applicable on the Interest Amount you earn through Fixed Deposit.
karur Vysya bank FD Account opening online
- Visit the Karur Vysya Bank Official website or click here.
- Then, log in using the Karur Vysya bank Internet banking login id and password.
- Now, fill all the required details and deposit the amount through Online.
- After the Verification, your Karur Vysya Bank FD account will be opened.
Stepwise Process To Open Fixed Deposit Account in kuru Vysya Bank
- Click here to Download Karur Vysya bank fd application form
- You need to fill the application form carefully without mistakes.
- Now, you need to submit the Karur Vysya bank Fixed Deposit application form along with the documents required.
- At last, after you deposit the Principle amount you will get the FD account within 2-3 days.
For more details about the Karur Vysya bank fixed deposit interest rates & updated Karur Vysya Bank FD Calculator keep visiting our site fdcalculators.com.