Dear Sir/Madam,
Greetings of the day !
At the outset, we are glad to note you are extending your valuable patronage to our bank. At KVB, your interest is our interest. Now we are pleased to inform that interest rate on FCNR USD deposits has been increased with effect from 08.02.2024.
We request you to take advantage of the higher interest rate offered by our Bank and place fresh deposits with our Bank. We also request you for providing us with references of your friends and relatives and oblige.
We furnish below FCNR ROI chart for your kind reference:
| FCNR DEPOSITS(In Percentage) | ||||||
|---|---|---|---|---|---|---|
| PERIOD | 08-02-2024 to 29-02-2024 | |||||
| USD | GBP | EUR | JPY | CAD | AUD | |
| 1 Year and above but less than 2 Years | 6.00 | 5.44 | 4.41 | 0.24 | 5.05 | 4.60 |
| 2 Years and above but less than 3 Years | 5.06 | 5.19 | 3.41 | 0.24 | 4.55 | 4.35 |
| 3 Years and above but less than 4 Years | 4.56 | 4.19 | 2.91 | 0.24 | 4.55 | 4.35 |
| 4 Years and above but less than 5 Years | 4.31 | 4.19 | 2.91 | 0.09 | 4.55 | 4.10 |
| 5 Years only | 4.31 | 4.19 | 2.91 | 0.09 | 4.55 | 4.10 |
Terms & conditions apply. Interest rates are subject to change without prior notice
For more details, please contact your Branch/ visit www.kvb.co.in.
Helpline (Outside India) +91 44 – 66217600 / Whatsapp Banking – 91 76994444
Assuring you of our best services at all the times,
Yours sincerely,
Head - Consumer Banking
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