Karur Vysya Bank Saving Accounts |
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Karur Vysya Bank offers range of savings bank account designed to help people save their hard-earned money safely, securely and conveniently. You get option to choose bank account according to your financial needs. Bank offers best-in-class services through its wide network of branches and ATMs across India.
Banks range of savings account includes – Freedom savings account, Student savings account for students, Regular saving account for general public, Rainbow savings account – an account with all good features of a Savings Bank Account and a Fixed Deposit Account that offers "High liquidity with maximum returns", Yuvashakti SB account for young customers, Smart savings bank account a special zero balance account with specific features for corporate salary accounts and No frills account – Kalpataru an account for simple people. |
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- Cheque book with 100 leaves free p.a.
- Debit Card with your account
- Net Banking for all transactions
- Mobile Banking credit and debit alerts
- Free use KVB ATMs and 5 transactions free in the ATMs under VISA and NFS cluster
- Monthly statement of accounts – hard Copy
- Monthly financial statement via e-mail
- Standing instructions to the Manimala deposit scheme at no extra cost
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- Can be opened in the names of individuals singly / jointly / with either or survivor options
- VISA Debit cards, Internet Banking, Mobile Banking facilities are available.
- Cash remittance from non-base branch is permitted upto Rs. 10000/- p.m.
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- Top-up facility for your mobile phone at any KVB ATM subject to charges applicable from time to time
- Periodic e-statement of accounts as per your requirement
- You can receive credits through a standing instruction given by your parent to the bank
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- A perfect blend of all the good features of a Savings Bank Account and a Fixed Deposit Account that offers "High liquidity with maximum returns".
- Can be opened in the names of individuals singly / jointly / with either or survivor options
- After retaining a minimum balance of Rs.3000/- in the SB portion of the account, amounts in multiples of Rs.5000/- will be swept out to FD portion for a period of 91 days at EOD every Monday.
- In the event of honouring cheques issued in the SB account, sweep in into the SB account will be in units of Rs.1000/- in LIFO method.
- Free Accident Insurance coverage of Rs.2.00 lakhs
- At par collection of Dividend and Interest Warrants
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- Zero balance to open the account.
- International VISA Debit card comes along with the account.
- E-commerce facilities at no extra cost including e-ticketing, e-shopping, utility bill payment.
- Top-up facility for your mobile phone at any KVB ATM.
- Payable at Par multicity cheque facility without any limit.
- Inter-bank transfer of funds without any limit
- A DEMAT account can be opened with the bank account at no extra cost.
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- Free Transfer Of funds
- Free Bill Pay Service
- Upfront Salary Credit Facility Available – Upto a maximum of 50% of the last salary credited. (Subject to conditions)*
- Free NEFT – 3 Transactions per month
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- No restriction will be imposed with regard to number of transactions in these accounts.
- This account will not be provided with ATM/ VISA debit card facility.
- This account will not have multi-city status.
- This account will not be eligible for cheque book facility
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Free Demat Account (first year)
Free accidental death insurance cover of Rs.1.00 lakh
Up to 0.50% concession on purchase of gold coin / bar of 50 grams and above (total)
Rs.500/- Processing charges on loans – flat & irrespective of the limit for Personal Loans linked to this account.
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Concession in Processing charges for Retail Loan accounts - 50%
Accidental insurance cover Free accidental death and disability insurance upto Rs. 2.00 lakhs and treatment on hospitalization due to accident upto Rs. 20,000/-
Cash remittance at non-base branches upto Rs. 10 lakhs per month
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