Karur Vysya Bank (KVB) FD interest rates currently range between 4.00% and 7.20% p.a. for regular customers, while senior citizens can earn up to 7.70% p.a. on selected retail deposits below ₹3 Crores.
Below is the latest KVB Resident / NRO FD Interest Rate Table updated from 06 April 2026.
| FD Tenure | General Rate | Senior Citizen |
|---|---|---|
| 7 Days – 30 Days | 4.00% | — |
| 31 Days – 45 Days | 4.50% | — |
| 46 Days – 90 Days | 4.75% | — |
| 91 Days – 180 Days | 5.75% – 6.00% | — |
| 181 Days – 270 Days | 6.25% | — |
| 271 Days – 332 Days | 6.40% | — |
| 333 Days | 6.65% | 7.15% |
| 334 Days – Less Than 1 Year | 6.40% | — |
| 1 Year – 399 Days | 6.55% | 7.05% |
| 400 Days Special FD | 7.20% | 7.70% |
| 401 Days – 5 Years | 6.55% | 7.05% |
| Above 5 Years | 6.25% | 6.75% |
| KVB Tax Shield FD | 6.55% | 7.05% |
| Rainbow Deposit (RBFD) | 4.75% | 4.75% |
| Green Deposit (2345 Days) | 6.25% | 6.75% |
📌 Important KVB FD Rules
- The 400 Days Special FD currently gives the highest FD return in KVB
- TDS applies once yearly interest crosses ₹40,000 or ₹50,000 for senior citizens
- If PAN is not linked, the bank may deduct 20% TDS instead of the normal rate
- Premature closure attracts around 1% penalty on the applicable completed tenure rate
- Senior citizen rates are not applicable for NRI deposits
💡 Tip: Splitting large deposits into multiple 400-day FD buckets can help improve liquidity while still locking higher promotional returns.
📌 Quick Insight: KVB recalculates interest using the actual completed FD tenure if the deposit is closed before maturity.
⚠ Important: Interest rates, special FD schemes, and promotional buckets can change without prior notice depending on RBI policy and bank liquidity conditions.
You can also check official RBI banking guidelines related to deposits and interest rules.
Read Below: Types • Special FD Buckets • How To Open KVB FD Online
Step-by-Step: How to Book a KVB FD Online
Existing Karur Vysya Bank customers can open a Fixed Deposit online within a few minutes using mobile banking or internet banking.
- Open the official KVB mobile banking app or internet banking portal
- Go to the Deposits section and select Open Fixed Deposit
- Enter your FD amount and choose your preferred tenure like 400 Days or other available options
- Select your interest payout type:
- Cumulative FD
- Monthly payout
- Quarterly payout
- Verify PAN and nominee details linked to your account
- Confirm the transaction using OTP or mPIN verification
💡 Expert Tip: Many users select monthly payout by mistake thinking returns will be higher. In reality, cumulative FDs usually generate slightly better maturity value because interest keeps compounding internally.
KVB Fixed Deposit Payout Options Explained
Karur Vysya Bank allows FD investors to choose different payout structures depending on whether they want wealth growth or regular monthly income.
- Cumulative Fixed Deposit (Reinvestment Plan):
Best for long-term savings growth. Interest keeps compounding every quarter and the full maturity amount is paid together at the end of the FD tenure. - Non-Cumulative Monthly Payout FD:
Suitable for retirees or people needing steady monthly income. Interest gets credited directly into the savings account every month. - Non-Cumulative Quarterly Payout FD:
Interest is paid once every 3 months, making it useful for investors looking for quarterly passive income support.
💡 Expert Tip: People needing regular household income usually prefer monthly payout FDs, while cumulative FDs generally create slightly better final maturity returns because the interest stays invested and compounds continuously.
Types of KVB Fixed Deposit Schemes in 2026
Karur Vysya Bank offers multiple Fixed Deposit schemes in 2026 for normal savings, tax planning, senior citizens, and even green investment goals.
1. Standard Fixed Deposits
This is the regular FD option suitable for most investors.
- Tenure: 7 days to 10 years
- Minimum Deposit: Starts from just ₹100
- Interest Payout Options: Monthly, quarterly, half-yearly, or cumulative maturity payout
- Premature withdrawal and loan against FD available
2. KVB Reinvestment Plan (TTT)
A long-term compounding deposit scheme mainly designed for future goals.
- Interest gets reinvested every quarter automatically
- Generates better maturity value through compounding
- Useful for education, marriage, or long-term family savings planning
3. Special Tenure & High-Interest Schemes
These schemes usually provide KVB’s highest FD returns.
- 400 Days FD:
- 7.20% p.a. for regular citizens
- 7.70% p.a. for senior citizens
- 333 Days FD:
- 6.65% p.a. regular rate
- 7.15% p.a. senior citizen rate
- Minimum deposit starts from ₹1,000
- Double Delight Scheme:
- Minimum deposit: ₹1 lakh
- Includes free hospital insurance benefits with FD returns
4. Tax Saving & Special Purpose Deposits
- KVB Tax Shield FD:
- 5-year lock-in period
- 6.55% p.a. interest
- Eligible for Section 80C tax deduction benefits
- Premature withdrawal not allowed
- Green Deposits (2345 Days):
- 6.25% p.a. interest
- Funds used for renewable energy and eco-friendly projects
- Rainbow Deposit (RBFD):
- Offers around 4.75% p.a.
- Built with additional liquidity flexibility features
5. Senior Citizen Fixed Deposits
Special higher interest benefits automatically apply for investors aged 60 years and above.
- Extra interest benefit of around 0.50%–0.75% above normal FD rates
- Higher TDS exemption threshold up to ₹50,000 yearly
💡Insight: Many people only compare headline FD rates. But schemes with insurance cover, liquidity options, or tax benefits sometimes become more useful depending on your actual financial needs.
Top 10 Important KVB FD Rules You Should Know
Before opening a Fixed Deposit with Karur Vysya Bank, these important rules can help avoid future surprises.
- Minimum Deposit Rule:
Standard KVB FDs can be opened with as little as ₹100. - Senior Citizen Extra Interest:
Customers aged 60+ usually receive an additional 0.50% interest benefit on tenures above 91 days. - TDS Deduction Limit:
TDS applies if yearly FD interest crosses ₹40,000 for regular citizens or ₹50,000 for senior citizens. - PAN Card Requirement:
Without PAN linkage, TDS rate can increase sharply from 10% to 20%. - Tax Saver FD Lock-In:
KVB Tax Shield FD comes with a strict 5-year lock-in and does not allow early withdrawal or loans. - Premature Withdrawal Penalty:
Breaking the FD early usually reduces your interest rate and also attracts around 1% penalty deduction. - Auto-Renewal Facility:
If maturity instructions are not updated, the FD may automatically renew at current interest rates available on maturity day. - Joint FD Tax Rule:
In joint accounts, TDS and tax responsibility mainly apply to the first account holder. - Nominee Importance:
Adding a nominee during FD booking helps avoid future legal delays during claim settlement. - Loan / Overdraft Against FD:
KVB usually allows overdraft or loan facility up to around 90% of the FD value.
Many people forget about auto-renewal settings. During falling interest rate periods, old FDs sometimes renew automatically at lower rates without the customer noticing.
KVB FD Rate Comparison With Top Banks
Here is how Karur Vysya Bank compares against other major Indian banks for deposits below ₹3 Crores in 2026.
| Bank | Regular FD Rate | Senior Citizen Rate | Special Tenure |
|---|---|---|---|
| Karur Vysya Bank (KVB) | 7.20% p.a. | 7.70% p.a. | 400 Days |
| State Bank of India | 7.10% p.a. | 7.60% p.a. | 400 Days (Amrit Kalash) |
| HDFC Bank | 7.25% p.a. | 7.75% p.a. | 18 Months to Below 2 Years |
| ICICI Bank | 7.25% p.a. | 7.75% p.a. | 15 Months to Below 18 Months |
| IDBI Bank | 7.00% p.a. | 7.50% p.a. | 444 Days (Utsav FD) |
💡 Expert Talk: KVB’s 400-day FD remains competitive because it offers strong rates with a shorter lock-in compared to some banks demanding 18–24 month commitments for similar returns.
Frequently Asked Questions
What is the maximum possible return available at KVB?
The peak yield is locked at 7.20% p.a. for general retail applicants and 7.70% p.a. for senior individuals, exclusively accessible via the limited-period 400 Days special milestone tracker.
What is the penalty for premature withdrawal from a KVB fixed deposit?
If you break a domestic term deposit under ₹2 Crores prior to its maturity date, KVB applies a mandatory 1.00% premature withdrawal penalty. The final payout interest is recalculated using the lower card rate of the actual completed tenure minus the 1.00% fee.
What happens if I forget to present my PAN card to KVB during FD booking?
Failing to link a valid PAN card directly to your fixed deposit triggers an automatic tax penalty clause. The standard Tax Deducted at Source (TDS) rate instantly doubles from 10% up to a flat 20% if your total annual interest exceeds threshold limits. Additionally, KVB cannot generate a valid TDS certificate without a recorded PAN.
Does KVB give extra interest to senior citizens?
Yes. Senior citizens aged 60 years and above usually receive an additional 0.50% to 0.75% interest benefit depending on the FD tenure and scheme.
What is the KVB FD interest Rates 444 days?
Karur Vysya Bank (KVB) offers a special 444-day Fixed Deposit (FD) scheme with high-yield returns. regular individuals can earn an interest rate of 7.50% p.a., while senior citizens receive 8.00% p.a..
More Banks – KSFE Fixed Deposit Rates
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