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Topic Review (Newest First)
7th November 2017 11:32 AM
pawan
Re: Karur Vysya Bank Fixed Deposit Form Download

Fixed Deposit scheme of Karur Vysya Bank provides with the convenience on receiving interest at regular interVals (half-yearly / quarterly / monthly) and is ideally suited for persons who depend on regular interest income.

For Domestic Deposits - Less than Rs. 1 cr (last revised on May 07, 2017)
Maturity Period Deposit Amount Interest Rate (% P.A)
General Senior Citizen

7 Days to 14 days Less than Rs. 1 cr 5.00 N.A

15 Days to 30 days Less than Rs. 1 cr 5.00 N.A

31 Days to 45 days Less than Rs. 1 cr 5.50 N.A

46 Days to 90 days Less than Rs. 1 cr 6.00 N.A

91 Days to 180 Days Less than Rs. 1 cr 6.90 N.A

181 Days to 270 days Less than Rs. 1 cr 6.75 N.A

271 Days to less than Less than Rs. 1 cr 6.75 N.A
1 year

1 year to less than Less than Rs. 1 cr 6.75 7.25
2 years

2 years to less than Less than Rs. 1 cr 7.00 7.50
3 years

3 years to 5 years Less than Rs. 1 cr N.A 7.50

3 years and above Less than Rs. 1 cr 7.00 N.A


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 7.00 7.00

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


For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on May 07, 2017)

Maturity Period Deposit Amount Interest Rate (% P.A)
1 year to less than 2 years Less than Rs. 1 cr 7.25
2 years to less than 3 years Less than Rs. 1 cr 7.50
3 years and above Less than Rs. 1 cr 7.50
7th November 2017 11:14 AM
Unregistered
Karur Vysya Bank Fixed Deposit Form Download

Can you tell me in detail about the FD (Fixed Deposit) Interest Rates offered by KVB (Karur Vysya Bank) for its customers?

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