Apply now
Special Benefits of 333 and 400 Schemes
Unique Tenure
Maximize returns with the 333 and 400 days tenure.
High Interest Rates
Choose from monthly, quarterly, half-yearly or cumulative interest payouts to suit your needs or strategies.
Flexible Payouts
Choose from monthly, quarterly, half-yearly, or cumulative interest payouts to suit your needs or strategies.
Why choose KVB 333 and KVB 400 FD?
At Karur Vysya Bank, we understand the importance of secure and rewarding investments. The KVB 333 and KVB 400 FD Scheme is crafted to help customers grow their savings confidently with competitive interest rates and trusted banking support.
Frequently Asked Questions
Yes, both 333 and 400 FD schemes offer premature withdrawal options. A 1% pre-closure penalty will apply: that is, 1.00% will be reduced on the applicable rate on foreclosure or premature withdrawal.
KYC documents required include a valid photo identity proof (Aadhaar card, PAN card, Passport, or Voter ID) and address proof. Additionally, a recent passport-size photograph is required. All documents must be self-attested.
Any Indian resident individual, Hindu Undivided Family (HUF), trusts, partnership firms, and companies can invest in KVB fixed deposit schemes. NRIs can also invest through NRO or NRE accounts subject to applicable RBI guidelines.
Yes, you can avail a loan or overdraft facility against your KVB fixed deposit. The loan amount is generally up to 90% of the deposit value. Interest rates on such loans are typically 1–2% above the FD interest rate.
Yes, TDS (Tax Deducted at Source) is applicable if the total interest earned in a financial year exceeds ₹40,000 (₹50,000 for senior citizens). You can submit Form 15G/15H to avoid TDS deduction if your income is below the taxable limit.
Yes, KVB offers an auto-renewal facility for fixed deposits. If you opt for auto-renewal at the time of booking, the FD will be renewed automatically at the prevailing interest rate on the maturity date for the same tenure.
If a lien is marked on your FD (e.g., against a loan), the deposit cannot be prematurely withdrawn or renewed freely until the lien is released. On maturity, the outstanding loan amount will be adjusted against the deposit proceeds before releasing the balance.
