Karur Vysya Bank RD Interest Calculator

The steps to use the Karur Vysya Bank RD calculator are mentioned below: 

Step 1: Visit the official website of Karur Vysya Bank.  

Step 2: Navigate to the ‘RD Calculator’ section.  

Step 3: Enter the amount of your desired monthly deposit.   

Step 4: Select the duration of the recurring deposit.   

Step 5: Enter the interest rate offered by the bank for the selected deposit period. 

Step 6: The RD calculator will display the total maturity amount as well as the interest earned.   

Benefits of Karur Vysya Bank RD Calculator  

The benefits of using the Karur Vysya Bank RD calculator are as follows: 

1. You can determine exactly how much your deposits will accrue after maturity which removes the hassle of manually calculating the returns. 

1. You will be able to determine the precise amount of growth of your RD investment thereby facilitating better planning of finances.  
2. The Karur Vysya Bank RD calculator is free, and you can use it as many times as you wish to calculate the returns for various tenures and interest rates.  
3. The RD calculator generates accurate results and there is no possibility of error if you enter the proper data.  

Karur Vysya Recurring Deposit Schemes 

KVB Manimala is a recurring deposit scheme that allows you to deposit a fixed amount every month to receive good returns at maturity. The features and benefits of this RD scheme are listed below: 

1. Flexible tenures ranging from six months to 120 months. 
2. Individuals, HUFs, minors, companies, partnership firms, etc., are eligible to open this account.  
3. You can avail loans against your RD. 
4. Premature closure is permitted, subject to applicable regulations. 
5. There is a nomination option available. 

KVB Money Mala Plus is a flexible RD scheme with the option of remitting the money more than the committed core sum. Here are features and benefits of the RD scheme: 

1. Individuals, HUFs, minors, companies, trusts, clubs, etc., are eligible to open this account. 
2. Flexi amounts can be deposited into the account up to ten times the core amount, up to a maximum of Rs.2 lakh. 
3. A premature closure facility is offered. 
4. There are no late payment penalties. 

1. A nomination facility is available.  
2. Interest is calculated daily and compounded quarterly. 

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