Karur Vysya Bank Fixed Deposit Calculator

The Karur Vysya Bank Fixed Deposit Calculator is a convenient online tool that allows you to calculate the monthly interest you will receive on your fixed deposit. By entering details such as the deposit amount, deposit period, type of deposit, and applicable rate of interest, you can easily estimate the returns on your investment. This tool helps you plan your finances and understand how your fixed deposit will grow over time, making it a useful resource for both new and existing customers of the bank.

Key Benefits of Using the Karur Vysya Bank Fixed Deposit Calculator

• Instant Results: The calculator provides quick and accurate results, so you don’t have to wait long to understand your potential returns on investment.

• Simple to Use: With an intuitive interface, the calculator is designed for anyone to use without needing advanced technical knowledge.

• Customizable Parameters: You can easily adjust the deposit amount, tenure, and interest rate to see how changes impact your maturity amount and interest earnings.

• Clear Overview of Interest: The calculator gives you a clear breakdown of your interest accruals, allowing you to plan your finances better.

• Compare Different Scenarios: You can experiment with different deposit amounts and tenures to find the ideal FD plan that matches your financial goals.

• Transparency and Accuracy: You can rely on the calculator for precise calculations, eliminating the chances of manual errors and ensuring you're fully informed about your returns.

• Free and Convenient: The tool is available online at no cost, and you can use it anytime, without needing to visit a branch.

• Helps in Better Decision Making: By seeing potential returns upfront, you can make smarter, well-informed decisions about where to park your money for the best growth.

• Flexible Interest Payout Options: The calculator also gives you the flexibility to choose your preferred payout frequency, helping you plan for regular income or lump sum returns.
  
• No Hidden Fees: There are no hidden charges or obligations, making it a risk-free tool to evaluate your fixed deposit returns.

Benefits of Karur Vysya Bank Fixed Deposit

• Available for individuals, HUFs, trusts, partnership firms, companies, associations, and more.
• Interest is payable at the intervals of your choice—monthly, quarterly, or half-yearly.

Please note that opting for monthly interest payouts will be subject to a reduced interest rate.

• A nomination facility is provided for added security.
• A loan facility is available against the fixed deposit.
• Early withdrawal is allowed, but it will be governed by the relevant terms and conditions.

Formula For Calculating Karur Vysya Bank Fixed Deposit Returns

Here is the formula for calculating Karur Vysya Bank Fixed Deposit Returns -

For Simple Interest: P×R×T​/ 100

Where:

• P = Principal amount (initial deposit)
• R = Annual interest rate
• T = Tenure in years

The general formula to calculate the maturity amount (A) of a Fixed Deposit (FD) at Karur Vysya Bank, or any other bank, is:

For Compound Interest: A=P×(1+nr​)nt

Where:

• A = Maturity amount
• P = Principal amount (initial deposit)
• r = Annual interest rate (in decimal form; e.g., 7.5% is 0.075)
• n = Frequency at which the interest is compounded annually
• t = Tenure of the deposit in years

By using these formulas, you can calculate the maturity amount of your FD based on whether the interest is compounded or simple.

Karur Vysya Bank Fixed Deposit Interest Rates 2025

Below are the revised Karur Vysya Bank Fixed Deposit interest rates for Domestic Term Deposits, effective from 19.04.2025.

Resident / NRO Accounts | Standard Interest Rates on Domestic Term Deposits