Karur Vysya Bank FD Rates
On fixed deposits maturing in 7 days to 45 days the bank has hiked the interest rate from 3.25% to 4.00% a hike of 75 bps and on fixed deposits maturing in 46 days to 90 days the bank has hiked the interest rate from 3.50% to 4.25% a hike of 75 bps. Fixed deposits maturing in 91 days to 120 days will now offer an interest rate of 4.50% which was earlier 3.75% a hike of 75 bps and fixed deposits maturing in 121 days to 180 days will now offer an interest rate of 4.50% which was earlier 4% a hike of 50 bps.
Karur Vysya Bank will now offer an interest rate of 5.00% which was earlier 4.75% a hike of 25 bps on fixed deposits maturing in 181 days to 270 days and the bank has hiked the interest rate from 5% to 5.25% a hike of 25 bps on term deposits maturing in 271 days to less than 1 year. On fixed deposits maturing in 1 year to less than 2 years, the interest rate has been hiked from 5.55% to 5.75% a hike of 20 bps and on fixed deposits maturing in 2 years to less than 3 years, the bank has hiked interest rate from 5.60% to 5.85% a hike of 25 bps.
Fixed deposits maturing in 3 years to less than 5 years will now fetch an interest rate of 6.00% which was earlier 5.80% and term deposits maturing in 5 years to less than 6 years will now offer an interest rate of 6.00%% which was earlier 5.90% a hike of 10 bps. On fixed deposits maturing in 6 years and above the bank will continue to offer an interest rate of 6%. On KVB - Tax Shield, a tax savings scheme for 5 years, the bank will continue to offer an interest rate of 5.90%.
Karur Vysya Bank FD Rates For Senior Citizens
On fixed deposits of less than ₹2 Cr maturing in 1 year to 10 years, senior citizens will continue to get an additional rate of 0.50% over and above the regular rate. On fixed deposits maturing in 3 years to less than 10 years, senior citizens will now get a maximum interest rate of 6.50% as a result of the modification.
