Rate of Interest on Fixed Deposit in Lakshmi Vilas Bank

Will you please give here the detail about the Rate of interest offered by the Lakshmi Vilas Bank on Fixed Deposit fund ?

[Arun Vats]

Rate of interest offered by the Lakshmi Vilas Bank on Fixed Deposit is depend on the time of the Maturity Period of the fund .

I am here giving you detail of the rate of interest for fixed Deposit .

Maturity Period
(Rate of interest)
RegularSenior Citizen

15-29 days
5.505.50

30-45 days
6.006.00

46-90 days
7.007.00

91-180 days
8.108.10

181-270 days
8.50 8.50

271-364 days
8.758.75

1 year and above & less than 2 years
8.809.30

2 years and above & upto 899 days
8.809.30

900 days
9.009.50

901 days to less than 3 years
8.809.30

3 years and above & less than 5 years
8.809.30

5 years and above
8.75

Hi I want to open a Fixed Deposit account in Lakshmi Vilas Bank . Will you please provide information regarding the rate of interest on Fixed Deposit ?

[Kiran Chandar]

Lakshmi Vilas Bank was founded in the year 1926. The head quarter is located at Karur, India .

Salient Features (Fixed Deposit)—

Minimum Deposit Amount is Rs. 100/- with no ceiling for the maximum amount.

Deposit period ranges from 15 days to 10 years with assured regular Monthly/ Quarterly income.

Deposit account can be opened individually/ jointly and also in the name of minors.

Loan facility and Nomination facility available.

Quarterly payment of interest or at discounted value at monthly rests.

Duration Interest Rate
7 days-14 days 5.00%
15 days-29 days 5.25%
30 days-45 days 6.00%
46 days-60 days 7.00%
61 days-90 days 7.00%
91 days-180 days 7.75%
181 days-270 days 8.00%
271 days-1 year 8.50%
1 year-2 years 8.60%
2 years-3 years 8.60%
3 years-5 years 8.60%
5 years-10 years 8.50%