Karur Vysya Bank (KVB) originated in 1916 is headquartered in Karur, Tamil Nadu and is a leading private sector bank. The bank caters to both corporate as well as retail sectors. The Bank has spread its wings across the country with 799 branches in 20 States and 3 Union Territories.
Different Types of Products and Services Provided by Karur Vysya Bank
Karur Vysya Bank understands the need for the safety and security of hard-earned money. The bank has designed an array of products and services for the safekeeping and convenient management of your hard-earned money. The different products and services rendered by Karur Vysya Bank are:
- Karur Vysya Bank Deposits
- Karur Vysya Bank Loans
- Karur Vysya Bank Cards
- Karur Vysya Bank Investment
- Karur Vysya Bank Insurance
- Karur Vysya Bank Banking Services
Karur Vysya Bank Deposits
The Savings and Current Accounts of Karur Vysya Bank are for hassle-free management of personal as well as business funds. Term deposits are designed for long-term investments for guaranteed returns. These funds will come in handy to fulfil your commitments like higher education for children, marriage, or procuring your dream home.
Karur Vysya Bank Savings Accounts
You can put forward your requirements to the Bank and Karur Vysya Bank has a Savings Account that aligns with your requirements. The different types of Karur Vysya Bank Savings Account are:
Type of Account | Primary Features |
Regular Savings Account | Individuals either singly or jointly can open an accountThe operation instructions for the account can be either or survivor25 free cheque leaves per yearNomination facilityFree debit cardFree Karur Vysya Bank Net Banking and Mobile Banking |
KVB Students Account | Exclusively for studentsTop-up for mobile phones at any KVB ATM. Charges applicableFree Karur Vysya Bank Net Banking and Mobile BankingFree debit transactions including ATM transactions: 90 in a half-yearFree Karur Vysya Bank Statement (e-statement) |
KVB Shakthi for Women | MAB: Rs. 5000Free Cheque leaves: 25 a yearFree Demat Account: First yearDD/PO/RTGS/NEFT: Free up to Rs. 1.00 lac a monthFree accidental death insurance of Rs. 1.00 lacFree Debit Card, Karur Vysya Bank Net Banking and Mobile Banking |
KVB Senior Citizen Savings Account | No MAB stipulationFree cheque leaves: 25 a yearFree Karur Vysya Bank Net Banking, Mobile Banking, and Debit Card. |
Other Karur Vysya Bank Savings Account
Jumbo Savings for Kids | Prestige Savings for HNI |
Freedom Savings for Professionals | Rainbow Savings-Sweep-in/Sweep-out |
YuvaShakti for Youth | Salary Accounts |
Basic Savings-Zero Balance | e-RBSB |
NRE/NRO Savings Account | RFC Account |
Karur Vysya Bank Current Account
Karur Vysya Bank Current Accounts are for businessmen to make use of commercial facilities. Varied needs of businesses are met through the Karur Vysya Bank Current Accounts.
Type of Account | Primary Features |
Regular Current Account | Minimum Balance: Rs.3000Can be opened by Sole Proprietorship/Partnership Firms, LLPs, Limited Companies, Clubs, Associations, Societies, Trusts, Government Departments and HUFsFree Karur Vysya Bank Internet Banking and Mobile Banking |
Multi-City Current Account | Various banking services are provided depending on the average monthly balance maintained in the accountFree payment between CBS branches to clear debit at non-base branchesFree Karur Vysya Bank Net Banking and Mobile BankingNo folio charges |
KVB Smart Trade and Exim Account | Online payment of customs duty through the ICEGATE portal is made availableReconciliation through Virtual Account facilityCash Management Services and Doorstep Banking facilities are providedBetter rates for forex and trade servicesCorporate Credit CardsCorporate Credit Variant according to the AMB maintained |
Karur Vysya Bank Cards
The Karur Vysya Bank provides the following cards:
- Debit Cards
- Credit Cards
- Gift Cards
- Forex Travel Cards
- Reloadable cards
Variants under the Karur Vysya Bank Debit Cards
- RuPay Visa/Mastercard-Normal Debit Card
- Visa/Mastercard-Platinum Debit Card
- Mastercard-Pride Debit Card
- Visa Mastercard-Business Debit Card
- Prestige Debit Card
- Pride Platinum Debit Card
Variants under the Karur Vysya Bank Credit Cards
- KVB Platinum Credit Card
- KVB Honour Credit Card
- KVB Corporate Credit Card
Karur Vysya Bank Loans
Karur Vysya Bank has varied loan schemes to cater to the individual financial needs of its customers:
Type of Account | Primary Features |
Personal Loan | Several schemes according to the purpose are provided Bon Voyage For travel abroad75% of the cost of travelTenure: 36 months Jewel Loan/Overdraft Loan against jewelleryMinimum loan amount: Rs. 5000For personal useTenor: 12 months Insta Loan Term loan to meet personal requirementsPermanent employees with a minimum of 2 years of experience can applyUndertaking letter from the employer will be requiredTenor: 72 months Personal Loan (Secured/Unsecured) To meet unexpected expensesMaximum loan amount: Rs. 10.00 lacsTenor: 1 to 5 years IPO Funding To subscribe for IPOs of select companies50% marginMinimum loan amount: Rs. 5.00 lacs Buy Now Pay Later To make payments on the Amazon platformMaximum loan: Rs. 60000Tenor: 30 days to 12 months |
Happy Home Loans | Resident Individuals can applyFor the purchase/repurchase of a house/flat, the construction of an independent house, the purchase of a plot and construction thereon, for repairs and renovations to the existing property, and takeover of home balance from other banksTenor: up to 25 yearsHoliday Period: Maximum 24 months |
Flexi Mobile Car Loan | For the purchase of new cars and used cars not older than 5 years100% of the on-road price of the car for new carsTenor: Up to 7 yearsEMI Holiday: Max 6 months |
Education Loan | For further studies in India and abroadNo margin up to Rs. 4.00 lacsStudents should have procured admission to professional/technical courses through CET in India or in a foreign University/InstitutionRepayment period: 5 to 7 years |
Personal Loan Secured | For any personal requirement other than speculationAmount: Rs. 10 lacs to Rs. 300 lacsTenor: 100 monthsLoan provided against security of property owned in the name of the applicant |
Karur Vysya Bank Investment
Any surplus funds can earn good returns if invested in Karur Vysya Bank Term Deposits. You can choose from the options available to suit your requirements:
Type of Deposit | Primary Features |
KVB 333 Special Deposit | All those who are eligible to open savings/current accounts can applyMinimum deposit: Rs. 1000Maximum deposit: Rs. 1,99,99,999Tenor: 333 daysLoan against deposit permitted |
Fixed Deposit | All those who are eligible to open savings/current accounts can applyTenor: 7 days to 10 yearsLoan against deposit is providedNomination facility is availablePre-closure permitted as per norms |
Reinvestment Plans | All customers of KVB can applyInterest is compounded quarterly and paid on maturity of the depositMinimum deposit: Rs. 100Period: 6 months to 10 yearsLoan against deposit is permittedPremature closure permittedNomination facility is available |
KVB Tax Saver Scheme | Tax exemption up to Rs. 1.50 lacsBoth cumulative and non-cumulative options are availableTenor: 5 yearsNo pre closure permitted |
Other Karur Vysya Bank Deposits
KVB 444 Special Deposit Scheme | Double Delight |
Senior Citizen Deposit Scheme | Recurring Deposit |
NRE/NRO Deposits | FCNR |
Karur Vysya Bank Banking Services
The banking services provided by Karur Vysya Bank are:
- Karur Vysya Bank Net Banking: With Karur Vysya Bank Net Banking, you can seamlessly conduct interbank and intrabank funds transfers, draw Karur Vysya Bank Statement, manage debit cards, view account balance, pay utility bills, direct tax, etc
- Karur Vysya Bank Mobile Banking: Download the Karur Vysya Bank Mobile App onto your smartphone and conduct a range of financial and non-financial transactions anytime and from anywhere
- Missed Call Banking: To check your account balance give a missed call to the Karur Vysya Bank Balance Check Number
- KVB WhatsApp Banking: Save the WhatsApp Karur Vysya Bank Balance Check Number 9176994444 to your contacts and send a message ‘Hi” from WhatsApp and start using the services for various banking services including balance checks.
Karur Vysya Bank Customer Care
You can contact the Karur Vysya Bank Customer Care for all your queries. Here are some of the ways to contact the Customer Care representatives of the bank:
- Call the Karur Vysya Bank Customer Care Number 1860 258 1916 for general queries. Customers outside India need to call the Karur Vysya Bank Customer Care Number at +91 44-66217600
- For queries regarding Corporate Credit Card call the Karur Vysya Bank Customer Care Number 1800 419 6500 or 022-40426031. You can also write to them at creditcardsupport@kvbmail.com or customersupport@kvbmail.com
Karur Vysya Bank FAQ’s:-
Yes. A satisfactory introduction is mandatory to open a current account at Karur Vysya Bank.
The tenure for the Karur Vysya Bank Fixed Deposits is 7 days to 10 years.
The basic savings deposit account in Karur Vysya Bank is a zero-balance account.
No interest will be paid by Karur Vysya Bank for the balance in Regular Current Accounts.
The Flexi Current Accounts where the deposit over and above the threshold limit will be converted to a Fixed Deposit to earn interest.