The Karur Vysya Bank fixed deposit scheme offers the convenience of receiving interest at regular intervals (monthly or quarterly, or half-yearly). Eligibility: Individuals, HUF, Trust, Partnership firms, Companies, Associations etc.Premature Closure: Available, however, subject to certain terms and conditions.The principal and the interest is paid on maturity.
It is a long term investment plan that helps one plan their long term financial goals. The Reinvestment plan of KVB is also known as Tirumagal Tirumana Thittam (TTT). This article covers Karur Vysya Bank FD, its features and interest rates in detail. One can invest in Karur Vysya Bank FDs through both online and offline modes with just a minimum investment of INR 100. The interest rate on Karur Vysya Bank FDs is higher than their savings account. Karur Vysya Bank offers multiple fixed deposits for various tenures with different interest rates to its investors.
