• Recurring Deposit
  • Karur Vysya Bank RD Interest Rates
Karur Vysya Bank RD Interest Rates

Karur Vysya Bank RD Interest Rates

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Karur Vysya Bank RD Interest Rates Mar 2024

TenureNormal Citizen RD RateSenior Citizen RD Rate
3 Months to 6 Months6.00%6.00%
6 Months to 9 Months6.25%6.25%
9 Months to 1 Year6.50%6.50%
1 Year to 2 Years7.00%7.40%
2 Years to 3 Years7.00%7.40%
3 Years to 5 Years6.50%6.90%
5 Years to 10 Years6.25%6.65%

Note: All interest rates shown above are as on 1st November 2023

Karur Vysya Bank RD Scheme Details

Tenure
3 Months to 10 Years
Public Interest Rates
6.00% to 7.00%
Senior Citizen Interest Rates
6.00% to 7.40%
Minimum Deposit Amount
Rs. 100
Premature Withdrawal
Rs. 150
Highest Rates for Public
7.00%
Highest Rates for Senior Citizen
7.40%

Karur Vysya Bank Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 6.50%For 5 years with interest of 6.25%
₹ 50,0001,51,6222,53,913
₹ 1 lakh3,03,2445,07,826
₹ 2 lakh6,06,48810,15,652
₹ 5 lakh15,16,22125,39,130
₹ 10 lakh30,32,44250,78,261

Compare Karur Vysya Bank vs Punjab National Bank Recurring Deposit

vs
Punjab National Bank
Karur Vysya Bank
Karur Vysya Bank
Maturity Amount3,03,2443,02,621
Total Investment Amount3,00,0003,00,000
Total Interest Gained3,2442,621

Compare RD Interest Rates of Other Banks

Bank NameRD Interest Rates
Punjab National Bank
Punjab National Bank
4.40% to 6.50%
City Union Bank
City Union Bank
5.75% to 6.50%
BOI Bank
BOI Bank
4.50% to 6.50%
Canara Bank
Canara Bank
5.25% to 6.90%
Indian Bank
Indian Bank
3.50% to 6.70%
BOB Bank
BOB Bank
4.50% to 7.05%
Central Bank of India
Central Bank of India
4.50% to 6.75%
Union Bank of India
Union Bank of India
4.30% to 6.70%
Tamilnad Mercantile Bank
Tamilnad Mercantile Bank
5.75% to 7.00%
Karnataka Bank
Karnataka Bank
5.25% to 7.00%
Dhanlaxmi Bank
Dhanlaxmi Bank
6.50% to 6.75%
South Indian Bank
South Indian Bank
4.50% to 6.50%
Federal Bank
Federal Bank
5.00% to 7.30%
Bank of Maharashtra
Bank of Maharashtra
4.50% to 6.00%
Indian Overseas Bank
Indian Overseas Bank
4.50% to 6.80%
UCO Bank
UCO Bank
4.50% to 6.50%
RBL Bank
RBL Bank
4.75% to 7.50%
State Bank of India
State Bank of India
4.50% to 7.00%
IDBI Bank
IDBI Bank
4.50% to 6.80%
Axis Bank
Axis Bank
4.75% to 7.10%
HDFC Bank
HDFC Bank
4.50% to 7.10%
ICICI Bank
ICICI Bank
4.75% to 7.00%
Indusind Bank
Indusind Bank
4.75% to 7.50%
Kotak Mahindra Bank
Kotak Mahindra Bank
4.00% to 7.10%
Yes Bank
Yes Bank
5.00% to 7.75%
Bandhan Bank
Bandhan Bank
4.50% to 7.25%
IDFC First Bank
IDFC First Bank
5.00% to 7.50%
Equitas Small Finance Bank
Equitas Small Finance Bank
7.25% to 8.20%
Capital Small Finance Bank
Capital Small Finance Bank
4.75% to 7.15%
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank
4.75% to 7.50%
Fincare Small Finance Bank
Fincare Small Finance Bank
5.75% to 8.25%
ESAF Small Finance Bank
ESAF Small Finance Bank
5.25% to 8.50%
North East Small Finance Bank
North East Small Finance Bank
4.00% to 7.50%
Suryoday Small Finance Bank
Suryoday Small Finance Bank
5.00% to 8.50%
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank
6.50% to 8.00%
Jana Small Finance Bank
Jana Small Finance Bank
4.00% to 8.50%
DBS Bank
DBS Bank
3.00% to 7.50%
Post Office
Post Office
6.90% to 7.50%

Frequently Asked Questions

What is the current interest rate of RD in Karur Vysya Bank?

The current highest Karur Vysya Bank RD rates for general citizen range from 6.00% to 7.00% and for senior citizen it ranges from 6.00% to 7.40% today 2024-03-01

How to open rd account in Karur Vysya Bank?

Karur Vysya Bank RD account can be opened with a minimum deposit of Rs. 100 with tenure ranging 3 Months to 10 Years. Karur Vysya Bank recurring deposit account can be opened online or by visiting Karur Vysya Bank branches with any ID proof like PAN card, Aadhar card, voter ID, or driving licence etc.

How to close rd in Karur Vysya Bank?

You can close your RD a/c online through "Close A/c" tab or by visiting the branch, this may cost you a penalty. The current premature closer penalty in Karur Vysya Bank RD is Rs. 150.

How to calculate maturity and interest in Karur Vysya Bank recurring deposit ?

The maturity amount in Karur Vysya Bank recurring deposit account can be calculated by using A = P x(1 + R / N) ^ (NT) formula.
Where:
A: Maturity Amount
P: Recurring Deposit Amount
N: Number of times the interest is compounded
R: annual interest rate
T: Tenure
Example:
If you open recurring deposit account at the Karur Vysya Bank for 5 years and planed to invest INR 50,000.The current Karur Vysya Bank RD interest rate for 5 year is 6.25%.So using the above formula the maturity amount will be - Rs. 35,26,268.

What is Karur Vysya Bank RD interest rates for 1 year in 2024 ?

The Karur Vysya Bank recurring deposit for 12 months or 1 year is 7.40% for senior citizen and 7.00% for others.

Calculate Karur Vysya Bank Returns

36
3.2 %

1,00,000

Total Investment

0

Wealth Gained

0

Maturity Amount

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