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Karur Vysya Bank Recurring Deposit Interest Rates 2020

Karur Vysya Bank RD Rates
Deposit Tenure For Deposits Below 1 crore
6 to 9 months 6.75%
9 months to 1 year 6.75%
1 - 2 years 6.75%
2 - 3 years 7.00%
3 Years and above 7.00%
Senior Citizens RD Rates
Deposit Tenure Interest rate
1 - 2 years 7.25%
2 - 3 years 7.50%
3 to 5 years 7.50%
NRE Deposit Interest Rates
Deposit Tenure Interest Rates
1 - 2 years 6.75%
2 - 3 years 7.00%
3 Years and above 7.00%

Get the Best Rates for a Karur Vysya Bank Recurring Deposit

Karur Vysya Bank offers two recurring deposit schemes to customers namely - KVB Manimala and KVB Money Mala Plus. KVB offers these recurring deposit plans at attractive interest rates, depending on the tenure chosen by the customer. Additionally, recurring deposit schemes are also available to senior citizens at preferential interest rates from Karur Vysya Bank. Under the KVB Manimala scheme, account holders can make monthly deposits starting with a minimum amount of Rs. 100, which can be incremented in multiples of Rs. 25. The deposit tenures can range from six months to a maximum of 120 months for a KVB Manimala recurring deposit account. KVB Money Mala Plus is a flexible recurring deposit scheme which offers account holders the convenience of depositing any amount more than the predetermined amount. This monthly deposit amount can be at least 10 times more, with the maximum being Rs. 2 lakhs. The interest rate for the KVB Money Mala Plus scheme is calculated on a daily product basis and is compounded, quarterly.

Karur Vysya Bank - Short Term RD Interest Rates

KVB offers recurring deposits with shorter tenures ranging from six months to up to 1 year. The interest rate offered for deposit amounts lesser than Rs. 1 crore with a short tenure is 7.00%.

Karur Vysya Bank - Medium and Long Term RD Interest Rates

As medium and long-term deposits, Karur Vysya Bank offers recurring deposit plans with tenures ranging from 1 year to up to 2 years, 2 years to up to 3 years and 3 years and above. The interest rate provided for medium and long-term recurring deposit accounts is 7.00%, with deposit amounts lesser than Rs. 1 crore.

Karur Vysya Bank - Senior Citizen Recurring Deposit Interest Rates

Senior Citizens can open recurring deposit accounts at preferential interest rates with Karur Vysya Bank. The recurring deposit accounts can be opened for tenures ranging from 1 year to up to 5 years. The interest rate offered for a senior citizen deposit account is 7.50% for all tenures.

Karur Vysya Bank - NRE Recurring Deposit Interest Rates

The interest rate offered on NRE recurring deposits by Karur Vysya Bank is 7.00% for tenures ranging between 1 year, 2 years, 3 years and above.

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