• Fixed Deposit
  • Karnataka Vikas Grameena Bank
  • Karnataka Vikas Grameena Bank Fixed Deposit
Karnataka Vikas Grameena Bank Fixed Deposit

Karnataka Vikas Grameena Bank Fixed Deposit

GraminNA 
Shield CheckDICGC

6.5%

Interest for 3 years

Karnataka Vikas Grameena Bank FD Interest Rates 2024

TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 29 days3.25%3.25%
1 month - 1 month 15 days3.3%3.3%
1 month 16 days - 2 months 29 days4.5%4.5%
3 months - 5 months 27 days4.6%4.6%
5 months 28 days - 1 year6%6%
1 year 1 day - 1 year 1 month 4 days6.5%7%
1 year 1 month 5 days - 1 year 1 month 5 days7%7.5%
1 year 1 month 6 days - 3 years 15 days6.5%7%
3 years 16 days - 3 years 16 days7.1%7.6%
3 years 17 days - 9 years 11 months 29 days6.5%7%

Note: All interest rates shown above are as on 4th Apr 2024

About Karnataka Vikas Grameena Bank FD

In Karnataka state, Syndicate Bank had sponsored four RRBs, namely Malaprabha Grameena Bank, Bijapur Grameena Bank, Varada Grameena Bank and Netravathi Grameena Bank. RRB's are going through a process of amalgamation and consolidation since 2005. Thus, these four RRBs were amalgamated to form the KARNATAKA VIKAS GRAMEENA BANK by a Government of India Notification dated 12th September 2005.

Karnataka Vikas Grameena Bank FD

3.25% - 7.1%

FD Rate

3.25% - 7.6%

FD Rate for Seniors

₹ 100

Minimum Deposit

₹ 1 Crores

Maximum Deposit

-

Lock-in

-

FD Tenure

-

Loan against FD

NA

CRISIL Rating

Karnataka Vikas Grameena Bank FD Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 6.5%For 5 years with interest of 6.5%
₹ 50,000 ₹ 60,734₹ 69,141
₹ 1 lakh ₹ 1,21,467₹ 1,38,282
₹ 2 lakh ₹ 2,42,934₹ 2,76,563
₹ 5 lakh ₹ 6,07,336₹ 6,91,409
₹ 10 lakh ₹ 12,14,672₹ 13,82,817

Compare Karnataka Vikas Grameena Bank Fixed Deposit Returns with Top Banks

Use FD calculator to change values and compare your returns from top banks.

vs
UCO Bank FD
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Karnataka Vikas Grameena Bank FD
Karnataka Vikas Grameena Bank FD
Maturity Amount 1,06,168 1,06,485
Total Investment Amount₹ 1,00,000₹ 1,00,000
Total Interest Gained6,168 6,485

Compare Karnataka Vikas Grameena Bank Fixed Deposit Rates with Top Banks

Bank NameFD Interest Rates
UCO Bank FD
6.3% - 6.8%
Suryoday Small Finance Bank FD
8.6% - 9.1%
Indian Bank FD
6.25% - 6.75%
Chaitanya Godavari Grameena Bank FD
7.25% - 7.75%
Sundaram Finance FD
7.75% - 8.25%
IDFC First Bank FD
7.25% - 7.75%
Utkal Grameen Bank FD
6.5% - 7%
South Indian Bank FD
6.7% - 7.2%
CSB Bank FD
5.8% - 6.3%
Karnataka Bank FD
6.5% - 6.9%

Calculate Karnataka Vikas Grameena Bank FD Returns

1,00,000

Total Investment

6,168

Wealth Gained

1,06,168

Maturity Amount

Explore Debt Funds, instead!

The flexible & tax efficient alternative to FDs.

Frequently Asked Questions

What is the highest Karnataka Vikas Grameena Bank FD rate today?

The highest Karnataka Vikas Grameena Bank FD rates for general citizens is 7.1% p.a. and 7.6% p.a. for senior citizens.

What is the highest interest rate on Karnataka Vikas Grameena Bank 1 year FD scheme?

The highest interest rate on Karnataka Vikas Grameena Bank 1 year FD scheme is 6% p.a.

What is Karnataka Vikas Grameena Bank FD scheme interest rate for 5 years?

6.5% p.a is the interest rate for 5 years on Karnataka Vikas Grameena Bank FD scheme.

How many years FD will double in Karnataka Vikas Grameena Bank?

To know in how many years Karnataka Vikas Grameena Bank Bank FD will double, we can follow the 72 rule. We have to divide 72 by the interest rate, and the result will be the number of years Karnataka Vikas Grameena Bank Bank FD will double. The current highest Karnataka Vikas Grameena Bank FD interest rate is 7.1% so investors will double the investment in 10.14 years. Similarly, senior citizen depositors will double their FD investment in 9.47 years, where the highest FD rate for senior citizens is 7.6%.

What is Karnataka Vikas Grameena Bank FD minimum deposit amount?

The minimum investment in Karnataka Vikas Grameena Bank FD is INR 100. However, there is no limit on the maximum amount of investment in Karnataka Vikas Grameena Bank FD.

What is senior citizen fixed deposit interest rates in Karnataka Vikas Grameena Bank?

The senior citizen fixed deposit interest rates in Karnataka Vikas Grameena Bank range between 3.25% to 7.6% p.a. for an available minimum and maximum investment duration.

What are the available FD tenures in Karnataka Vikas Grameena Bank?

Karnataka Vikas Grameena Bank FD tenure ranges from 7 days to 9 years 11 months 29 days

What is Karnataka Vikas Grameena Bank FD ROI for 10 lakh deposit for 1 year?

The interest from the Karnataka Vikas Grameena Bank FD calculator for 10 lakh deposit for 1 year will be INR 61,678. The maturity value will be INR 10,61,678. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.

How to check the fixed deposit balance in Karnataka Vikas Grameena Bank?

You can check Karnataka Vikas Grameena Bank FD balance either online or offline mode. For online mode, log in to the Karnataka Vikas Grameena Bank internet banking portal. Alternatively, you can visit the nearest Karnataka Vikas Grameena Bank bank to update your passbook for FD balance enquiry.

How many FDs can be opened in Karnataka Vikas Grameena Bank?

There is no restriction on the number of FDs you can open with Karnataka Vikas Grameena Bank.