Karur Vysya Bank
Post revision, the bank will offer 4.00% interest rate on fixed deposits maturing in 7 to 30 days. The interest rate on fixed deposits maturing in 31 to 45 days is 5.25 percent. Karur Vysya Bank offers interest rates on fixed deposits with maturities ranging from 46 to 90 days to 5.25%. Fixed deposits maturing between 91 and 120 days will now earn 5.25%, while fixed deposits maturing between 121 and 180 days will earn 5.50%.
Karur Vysya Bank will now offer 5.75% interest rate on fixed deposits maturing in 181 days to 270 days and 5.90% interest rate on fixed deposits maturing in 271 days to less than a year. Fixed deposits with maturity of one to two years will now get 6.10% interest, while fixed deposits with maturity of two to three years will get 6.10% interest. The bank will pay 6.10% on fixed deposits maturing in three to six years or more. The new rates have come into effect from September 1, 2022.
Kotak Mahindra Bank
FDs maturing in 390 days in less than 23 months will now get 6% interest. The new rates are effective from September 6, 2022.
The bank will now offer fixed deposits with maturities ranging from 23 months to less than 2 years at an interest rate of 6.10%. Kotak Mahindra Bank has increased the interest rates on fixed deposits maturing in 2-10 years to 6%. Fixed deposit rates for tenures ranging from 23 months to less than two years at the rate of 6.10%.
city ​​union bank
City Union Bank revised interest rates on fixed deposits of less than Rs 2 crore. After the amendment, the bank will now offer interest rates in the range of 4.00% and 6.00% for general public and 4.00% to 6.25% for senior citizens. The new rates have come into effect from September 1, 2022.
Karnataka Bank
Karnataka Bank has updated the interest rates on fixed deposits of less than Rs 2 crore. The bank has now implemented a new tenure of one year, on which it will offer an interest rate of 6.20% for general public and 6.60% for senior citizens. The new rates have come into effect from September 1, 2022.
