What is the rate of interest on fixed deposit in Karur Vysya Bank?
What is the rate of interest on fixed deposit in Karur Vysya Bank?
The highest rate of interest offered by KVB fixed deposits for regular citizens is 5.75% per annum. For senior citizens, the interest rate is 6.15% per annum. Customers can apply for a fixed deposit by visiting the branch of the bank or can also do through internet or mobile banking.
What is the interest rate on 50000 fixed deposit?
The monthly interest on a ₹50,000 fixed deposit in a bank normally ranges from 3 percent to 6 percent every month. Bajaj Finance FDs have attractive interest rates of up to 7.45%. The interest rates offered in a bank’s savings account are typically in the range of 2.7 percent to 5%.
Which FD has highest return?
IDFC Bank offers the highest FD interest rate of 6.25% p.a. which is for a tenure of 5 years and above for the general public. For senior citizens, the interest rate is up to 6.75%. The second highest interest rate is 5.75% p.a. which is offered by Axis Bank for a tenure of 5 years and above.
What is rate of interest of 5 years FD?
Best Interest Rates for 5-Year Fixed Deposits Below Rs.2 Crore in India
| Best FD Rates for 5 years | ||
|---|---|---|
| Bank/Company | Regular Interest Rates (per annum) | Senior Citizen Interest Rates (per annum) |
| Citibank FD | 3.50% | 4.00% |
| HDFC Bank FD | 5.60% | 6.35% |
| IDFC First Bank FD | 6.00% | 6.50% |
What is the interest rate of 1 lakh in KVB?
Karur Vysya Bank offers FD interest rates of 3.25-5.80% p.a. to regular citizens and 5.90- 6.15% p.a. to senior citizens on tenures ranging from 7 days to 5 years & above and 1 year to 5 years respectively. The interest rate on Karur Vysya Bank Tax Saving FDs is 5.80% p.a. for the general public.
Is Karur Vysya Bank Safe?
Investing in a fixed deposit with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, Karur Vysya Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the bank is.
What is the interest of 1 lakh in SBI per month?
Monthly Payout
| Investment amount | Monthly interest | Cumulative interest for 5 years |
|---|---|---|
| 1 lakh | Rs. 526 | Rs. 37,009 |
| 5 lakh | Rs.2,629 | Rs. 185,043 |
| 10 lakh | Rs.5,258 | Rs.3,70,087 |
| 15 lakh | Rs. 7,887 | Rs.5,55,130 |
How much interest will I get for 10 lakhs?
Invest in ₹ 10 lakh FD and earn interest of up to 7.00%….₹ 10 Lakh FD: Details.
| Banks | FD Interest on ₹ 10 lakh | Senior Citizen Rates on ₹ 10 lakh FD |
|---|---|---|
| HDFC | 6.20% – 6.65% | 6.00% – 6.50% |
| Bajaj Finance | 5.75% – 7.00% | 6.00% – 7.25% |
| PNB Housing Finance | 5.75% – 7.00% | 6.00% – 7.25% |
| IDFC First Bank | 3.85% – 6.05% | 4.35% – 6.55% |
Which bank is high interest in FD?
Here are 5 banks offering highest interest rates on 1-2 year fixed deposits….
| Bank Name | Interest rate (%) Compounded qtrly | What Rs 10,000 will grow into |
|---|---|---|
| RBL Bank | 6.75% | 10692.28 |
| Bandhan Bank | 6.5% | 10666.0 |
| DCB Bank | 6.5% | 10666.0 |
What is the interest of 5 lakh in SBI?
State Bank of India FD Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 5.45% | For 5 years with interest of 5.5% |
|---|---|---|
| ₹ 1 lakh | ₹117719 | ₹131570 |
| ₹ 2 lakh | ₹235438 | ₹263141 |
| ₹ 5 lakh | ₹588595 | ₹657852 |
| ₹ 10 lakh | ₹1177190 | ₹1315704 |
