Karur Vysya Bank- Hiked Savings Account Interest Rate,Check Here

Karur Vysya Bank (KVB) has announced an increase in savings bank deposit interest rates. According to the bank's official website, the new savings account interest rates go into effect today, January 28, 2023. Thanks to its extensive network of branches and ATMs across India, you can open a savings account with Karur Vysya Bank (KVB) for best-in-class services. Karur Vysya Bank now offers a maximum interest rate of 5.25% on savings accounts as a result of the interest rate increase.

Karur Vysya Bank Savings Account Interest Rates

The bank is now offering a 2.25% interest rate on savings accounts with balances of less than Rs 5 lakh at the end of the day. Karur Vysya Bank offers a 2.50% interest rate on savings accounts with an end-of-day balance of less than Rs 10 lakh.

The bank offers a 3.00% interest rate on accounts with an end-of-day balance of Rs 10 lakh to less than Rs 1 crore. Customers of KVB can now earn 3.25% interest on savings accounts with an end-of-day balance of Rs 1 crore to less than Rs 100 crore. On savings accounts with end-of-day balances ranging from Rs.100 crore to less than Rs.150 crore,

Slab	Rate of Interest
EOD balance less than Rs.5 Lakh	2.25%
EOD balance Rs.5 Lakh up to Rs.10 Lakh	2.50%
EOD balance Rs.10 Lakh up to Rs.1 Crore	3.00%
EOD Balance Rs.1 Crore up to Rs.100 Crore	3.25%
EOD Balance Rs.100 Crore up to Rs.150 Crore	5.00%
EOD Balance Rs.150 Crore and above.	5.25%

KVB FD Interest rates

Karur Vysya Bank provides fixed deposit interest rates ranging from 4% to 7.25% for regular citizens with terms ranging from 7 days to 20 years.