उत्पाद विवरण
बैंक का नाम
Karur Vysya Bank
Eligibility
Individual/s and also in the name of Kartha of HUF.
ब्याज दर
5.90%
कार्यकाल
5 Years
Lock-in Period
सावधि जमा प्रकार
Tax Saving
KVB Tax Saving Deposits
कर लाभ
Deposits made under KVB's Tax Saving Deposits qualify for tax benefits under Section 80C of the Income Tax act up to a sum of Rs. 1.50 Lakh.
साख दर
[ICRA]A+
ब्याज भुगतान आवृत्ति
monthly/quarterly intervals. Typically for fixed deposits having interest payment at maturity, compound interest is applicable and for fixed deposits having monthly interest payment, simple interest is applicable. Typically fixed deposits having a tenure of one year or less, simple interest is applicable. It is best to consult the bank officials before you book a fixed deposit.
संचयी/गैर-संचयी
Deposits
Cumulative and Non-cumulative options
विशेषताएँ
Deposits will be accepted both under cumulative and non-cumulative options. Deposits will be accepted in the name of Individual/s and also in the name of Kartha of HUF. The scheme is for a fixed period of 5 years. Nomination facility is available.
न्यूनतम निवेश राशि
The minimum amount that can be invested under this scheme is Rs. 100/- and multiples thereof. The maximum amount is restricted Rs. 1.50 Lakh.
फीस और शुल्क
Pros
Tax Benefit
Safe and Guaranteed Returns
Choice of Interest Payout
Nomination Facility
दोष
5-year lock-in period
Interest taxable
पक्ष विपक्ष
खाता खोलने की प्रक्रिया और प्रक्रिया
कैसे खोलें?
Visit your nearest Karur Vysya Bank branch: This is the traditional method and allows for personalized assistance from a bank representative. Here's what to expect:Carry your KYC documents: These typically include proof of identity (PAN Card, Aadhaar Card, etc.), address proof (utility bills, rental agreement), and possibly a passport-sized photograph.
Fill out the application form: The bank representative will guide you through the application process.
Deposit the initial amount: You'll need to deposit at least the minimum amount required to open the FD (check with the bank for current minimums).
Choose your interest payout option: KVB offers both cumulative and non-cumulative interest payout options.
Nominate a beneficiary: This ensures someone you designate receives the funds in case of your passing.
Online account holders can potentially open through Netbanking (limitations apply): While KVB's website doesn't explicitly mention opening Tax Saving Deposits online, it does allow opening Fixed Deposits through Netbanking for existing account holders, with some limitations.
Application Procedure
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