Karur Vysya Bank FD Interest Rates

What is a Karur Vysya Bank Fixed Deposit?

A Karur Vysya Bank (KVB) FD is an investment option where you can deposit a fixed amount of money for a predefined tenure and earn guaranteed interest. KVB provides quick access to the fund through premature withdrawal and loan facilities. The lower limit of the deposit amount is ₹100 Besides general depositors, seniors can get higher interest rates on KVB fixed deposits for senior citizens. Besides HUFs, trusts, and companies can also book an FD at Karur Vysya Bank.

In addition to guaranteed rates on deposits, KVB FDs also give depositors other attractive benefits. For instance, depositors can get up to 90% loan-against-FD or a KVB credit card against FD. All of these together make Karur Vysya Bank FDs a preferable choice among cautious depositors.

Key Highlights

Karur Vysya Bank FD Interest Rates: Latest Updates

KVB revised its fixed deposit interest rates on June 8, 2026, and now offers an additional 50 bps to senior citizens on domestic term deposits (under ₹3 Crore). The highest FD rate is on its 400-day tenure, at up to 7.20% p.a. for general depositors and 7.70% for senior citizens.

Karur Vysya Bank FD Interest Rates

The following are the latest Karur Vysya Bank term deposit rates for deposits below ₹3 crore, effective from June 08, 2026:

Revised Interest Rates for Less Than 3 Crore

*Karur Vysya Bank FD interest rates w.e.f. June 08, 2026

For Deposits Rs. 3 Cr. to < Rs. 5 Cr.

Karur Vysya Bank FD Interest Rates above 3 crore w.e.f 25th June 2026

Types of Karur Vysya Bank FD Schemes

1. Regular Fixed Deposits

   This is a standard fixed deposit for resident depositors, offering flexibility in tenure and interest payouts. It is a traditional fixed deposit in which you can choose a lump-sum deposit for a tenure ranging from 7 days to 10 years.

   • Minimum deposit: ₹100
   • Flexible Payouts: monthly, quarterly, or half-yearly
   • Loan Facility: overdraft facility against your deposit
   • Nomination and Withdrawal: Both are available

2. KVB Tax Saving Deposits

   This scheme is designed for individuals who want to save on taxes while securing their savings. It is a fixed deposit with a mandatory 5-year lock-in period that provides a tax deduction under Section 80C.

   • Tax Benefit: up to ₹1.5 lakhs under Section 80C of the Income Tax Act.
   • Deposit Amount: The minimum deposit is ₹100, maximum of ₹1.5 lakhs
   • Lock-in Period: 5-year lock-in period
   • No Loan/Premature Withdrawal: Loans and premature withdrawals are not permitted
   • Payout Options: Both cumulative and non-cumulative options are available

3. KVB 333 Special Deposit Scheme

   This is a unique fixed deposit with a specific tenure, often offering a higher interest rate than a regular FD for a similar period.

   • Deposit Amount: Minimum - ₹1,000, and the maximum - less than ₹2 crore
   • High Returns: For the specific tenure
   • Flexible Payouts: monthly, half-yearly, or quarterly
   • Loan Facility & Withdrawal: Loans and premature withdrawals are permitted

4. KVB’s Reinvestment Plan – Tirumagal Tirumana Thittam (TTT)

   This long-term investment plan is ideal for accumulating a significant corpus for future goals like a child's education or marriage, and for a reinvestment plan in which the interest earned is compounded and added to the principal, providing a larger maturity amount.

   • Minimum Deposit: ₹100.
   • Tenure: 6 months to 10 years for regular depositors and up to 20 years for minors
   • Loan Facility: Permitted
   • Withdrawal: Permitted

5. KVB 444 Special Deposit Scheme

   Similar to the 333-day scheme, this is another special fixed deposit with a unique tenure. A fixed deposit with a specific tenure of 444 days, often with an attractive interest rate.

   • Deposit Amount: Minimum - ₹1,000, maximum - less than ₹2 crore
   • High Returns: Provides a higher interest rate for this specific tenure
   • Flexible Payouts: Cumulative and Non-Cumulative
   • Other Benefits: Nomination and loan facilities are available

6. Double Delight

   This unique fixed deposit combines savings with free hospital insurance. A fixed deposit that offers complimentary hospital cash insurance for the primary account holder.

   • Free Hospital Insurance: cash cover of ₹750 per day for up to 7 days a year
   • Odd Sums to Round Sums: You can invest in odd sums and receive a predetermined round sum at maturity
   • Tenure: 1 year to 10 years. For senior citizens - 5 years
   • Senior Citizen Benefit: Senior citizens receive preferential interest rates.

Key Benefits of Karur Vysya Bank Fixed Deposit

Here are the major benefits of opening a Karur Vysya Bank FD, explained in simple terms:

• Flexible Tenures: You can open an FD for any duration between 7 days and 10 years, making it suitable for both short-term and long-term savings.
• Low Minimum Deposit: You can start a fixed deposit with just ₹100, which makes the product accessible for most individuals and low-income depositors.
• Regular Interest Payout Options: The bank offers monthly, quarterly, and half-yearly payouts. Monthly payouts are available at discounted interest rates.
• Additional Benefits for Senior Citizens: Senior citizens enjoy higher interest rates (up to 0.50% extra) across several slabs
• Special FD Schemes: Karur Vysya Bank also offers options like Tax Shield FD (also known as KVB Tax Saver FD) and Green Deposits, catering to different financial planning needs.
• Penal Interest on Pre-closure: For deposits up to ₹3 Crores, a 1% penalty is deducted from the applicable ROI. For deposits above ₹3 Crores, pre-closure norms apply. Interest is calculated based on the actual tenure with the bank.
• Sweep-In/Sweep-Out Facility: KVB offers a Rainbow Savings Account that combines the features of a savings account and a fixed deposit. For example, in a savings account with a set balance of ₹1,00,000, additional funds are swept into FDs, known as KVB Sweep-in FD. Similarly, if the balance falls below ₹1,00,000, funds are swept back in multiples of ₹10,000 from the fixed deposit to maintain liquidity.

How to Open a Karur Vysya Bank Fixed Deposit

Karur Vysya Bank (KVB) Fixed Deposits are a trusted way to grow your savings with guaranteed returns. You can open a KVB FD conveniently through both online and offline channels.

Online FD Account Opening

If you already have a KVB savings account with Karur Vysya Bank, you can easily open an FD online through either the mobile app or internet banking.

• NetBanking or KVB DLite App: Log in to your KVB NetBanking account or the KVB DLite mobile banking app.
• Go to 'Fixed Deposit': Navigate to the 'Deposits' section and select the 'Open Fixed Deposit' option.
• Enter Details: Choose the FD scheme, enter the deposit amount, and select the tenure and interest payout option.
• Review & Confirm: Carefully review all the details, including nominee information and maturity instructions.
• Submit - After accepting the terms and conditions, submit the request.
• FD Receipt: The bank will issue a digital fixed deposit receipt as confirmation

Offline FD Account Opening

If you prefer a traditional approach, you can open an FD by visiting your nearest Karur Vysya Bank branch.

• Visit KVB Branch: Go to any Karur Vysya Bank branch with the necessary documents.
• Fill out the FD Form: Request a Fixed Deposit application form and fill it in.
• Submit Documents: Submit the completed form along with your KYC documents
• Deposit Funds: Deposit the FD amount using cash, cheque, or a digital transfer
• Get the FD Receipt: Once your application is processed, the bank will issue a physical Fixed Deposit Receipt

Eligibility Criteria For Karur Vysya Bank FD

The following are the people who are eligible for the Karur Vysya Bank FD -

• Individuals,
• HUF,
• Trust,
• Partnership firms,
• Companies, Associations, etc

Key Takeaways

Investing in Karur Vysya Bank fixed deposits is an excellent strategy to secure guaranteed returns. Competitive KVB FD rates reach up to 7.70% for seniors, flexible tenure options, and liquidity features like loans against deposits. Whether your goal is short-term wealth accumulation or long-term tax savings through the KVB Tax Shield, reviewing the latest Karur Vysya Bank FD interest rates today ensures you lock in the highest yield for your financial future. Depositors can check the best FD rates available to make informed investment decisions.