What is the highest Karur Vysya Bank FD rate for senior citizens?

The highest Karur Vysya Bank Senior Citizen FD rate is 7.70% p.a. on deposit for the tenure of 400 Days.

Is Karur Vysya Bank FD Safe for Senior Citizens?

Karur Vysya Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a Karur Vysya Bank FD?

Yes. Karur Vysya Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a Karur Vysya Bank Senior Citizen FD?

The minimum amount required to open a Karur Vysya Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Karur Vysya Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Karur Vysya Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

Karur Vysya Bank Senior Citizen Fixed Deposit Rates

Name: Karur Vysya Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (8614 reviews)

Karur Vysya Bank offers attractive FD rates for senior citizens ranging from 4.75% to 7.70% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Karur Vysya Bank Senior Citizen FD rates for senior citizens.

KVB Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.70%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

Karur Vysya Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of Karur Vysya Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options.

Tenure	Senior Citizen FD Rates (per annum)
333 Days	7.50%
1 Year to up to 399 Days	7.05%
400 Days	7.70%
401 Days up to 2 Years	7.05%
Above 2 years up to 3 years	7.05%
Above 3 years up to 5 years	7.05%
Above 5 years	6.75%
For KVB - Tax Shield Deposits	7.05%
Rainbow Deposits (RBFD)	4.75%
Green Deposits (2345 days)	6.75%

Use the Karur Vysya Bank FD Calculator below to estimate the maturity amount and interest earned on your Karur Vysya Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

Compare Karur Vysya Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Karur Vysya Bank for specific tenures. The table below compares Karur Vysya Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
Karur Vysya Bank	7.70% (400 Days)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Slice Small Finance Bank	7.75% (18 Months 1 day to 18 Months 2 day
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
ICICI Housing Finance	7.10% (45 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

Frequently Asked Questions