Karur Vysya Bank Recurring Deposit Schemes & Interest Rates

Get the Best Rates for a Karur Vysya Bank Recurring Deposit

Two RD schemes are offered by Karur Vysya Bank, namely, KVB Manimala and KVB Manimala Plus. KVB offers attractive interest rates on various Recurring Deposit schemes depending on the deposit term chosen by the customers. Senior citizens can also avail high rates of interest with KVB. Under the KVB Manimala scheme, monthly deposits can be made by the depositors starting from a minimum of 100 rupees and it is increased in the multiples of 25. The deposit tenures range from 6-120 months for the KVB Manimala RD scheme. KVB Money Mala Plus scheme is calculated on a daily basis and compounded quarterly.

Karur Vysya Bank - Short Term RD Interest Rates

Karur Vysya Bank offers RD with short tenures as well, ranging from 6 months-1 years. The interest rate applicable on these deposits is 7% for deposits below one crore.

Karur Vysya Bank - Medium and Long-Term RD Interest Rates

KVB offers RD plans on medium and long-term deposits ranging from 1-2 years, 2-3 years and 3 years and above. Interest rate provided by Karur Vysya Bank on medium and long-term deposits is 7% for deposit amounting to less than a crore

Karur Vysya Bank - Senior Citizen Recurring Deposit Interest Rates

Senior citizens may open deposit accounts at preferential interest rates with Karur Vysya Bank. RD schemes have tenures of 1-5 years for all tenures. And all the tenures receive an interest rate of 7.5%.

Karur Vysya Bank - NRE RD Interest Rate

The interest rate offered for NRE RD for tenures of 1,2 and 3 years is 7%