How can I open FD account in KVB?

Here are the steps you need to follow to get an FD opened with Karur Vysya Bank: Step 1: Visit the official website of KVB. Step 2: Navigate to the ”Personal” tab. Step 3: From the menu, click on ”Fixed Deposit”

What is term deposit in KVB?

KVB’s Fixed Deposit scheme provides you with the convenience of receiving interest at regular intervals (Half-yearly / Quarterly / Monthly) and is ideally suited for persons who depend on regular interest income. Apply Now Download form FD Calculator.

Is KVB safe for FD?

Thus, Karur Vysya Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the bank is. Loan against FD: The investment made in an FD scheme is not only a reliable investment option but can also act as an asset.

What are the documents required for KVB bank account opening?

Proof of Identity Documents

  • Passport.
  • Ration card.
  • Aadhaar Card.
  • Voter’s ID card.
  • Pension card.
  • Driver’s license.
  • Permanent Account Number (PAN) card.
  • Government issued ID card (with photograph)

Can I open FD online in KVB?

The minimum Amount of online Deposit is Rs. 5,000. The minimum tenor for Online Deposit is 7 Days and maximum tenor for Online Deposit is 120 Months.

What is the rate of interest on fixed deposit in Karur Vysya Bank?

The highest rate of interest offered by KVB fixed deposits for regular citizens is 5.75% per annum. For senior citizens, the interest rate is 6.15% per annum. Customers can apply for a fixed deposit by visiting the branch of the bank or can also do through internet or mobile banking.

What is the minimum balance of KVB bank?

The minimum average monthly balance requirement is Rs. 10,000 for metro cities, Rs. 5,000 for semi-urban cities and Rs. 2,500 for rural cities.

What is the minimum balance in KVB saving account?

The Basic SB account can be opened with zero balance. No restriction will be imposed with regard to the number of transactions in this account. No charges will be debited by the system for not maintaining a minimum balance in this account. This account will be provided with a RuPay debit card facility.

How much can I deposit in KVB?

100/- can be deposited in this machine. The customer has to enter the 16 Digit account number or insert the ATM card or BNA remittance card for depositing the cash in the Cash Recycler Machine. Maximum Cash Remittance Limit – Rs. 49,900/- without PAN Number.