Karur Vysya Bank NRE Fixed Deposit

Hii sir, I Wants to get the Information About the Interest Rates of the NRE Fixed Deposit of the Karur Vysya Bank ?

[pawan]

Karur Vysya Bank e have deposit facilities available to all Indians living overseas. These facilities come in the form of FCNR, NRO and NRE deposits. their deposit facilities have been specifically designed to help you transact in the local currency of the country you are in and in Indian Rupees. You will also receive tax incentives.

The Interest Rates of the NRE Fixed Deposit of the Karur Vysya Bank

NRE Deposit
Time Bucket Revised rate
(w.e.f. 07.05.2017)
1 year to less than 2 years 6.75%
2 years to less than 3 years 7.00%
3 years and above 7.00%

The revised rates will be applicable for fresh deposits and renewals only

Penal Interest on pre closure of deposits
Up to Rs.1 crore of Deposit Penalty of 1% from applicable ROI
Above Rs.1 crore of deposit Pre closure Penalty norms applicable

For more Information you may Contact to the Karur Vysya Bank the co0ntact Detials Are given below

Contact Detials
Karur Vysya Bank
1860 200 1916 (Within India)
(Local call charges applicable)
+91 044 - 30721916 (Outside India)