Unlock the Interest potential of your Rs.2,000/- holding

Dear Customer,

At the outset, we take this opportunity to thank you for your esteemed patronage to our Bank.

As you are aware, RBI has recently announced the withdrawal of the Rs.2,000 currency note. Since this is being done in a phased manner till 30th September, 2023, there is sufficient time for getting the same exchanged.

To help you with information that you wanted to know on the subject and our initiatives to facilitate smooth exchange / deposit of these notes, we furnish below the following:

• Legal tender assurance:

The Rs.2,000 currency note will continue to be accepted as legal tender. You can use it for all your transactions and payment requirements.

• Hassle-free experience for deposit of notes:

If you have any Rs.2,000 currency notes that you would like to deposit, we welcome you to visit any of our branches until 30th September, 2023 wherein you may choose to deposit any quantity of Rs.2,000 currency notes into your Current and/or Savings Bank Account without any hassle.

You may also avail of KVB 444 Special Deposit Scheme which offers the highest interest of 7.50% for General Category and 8% for Senior Citizens category, as a limited period offer. Please click here to know our deposit interest rates, to unlock the interest earning potential out of your holding in Rs.2000 currency notes.

• Easy Exchange facility:

You can also exchange your Rs.2,000 currency notes up to Rs.20,000 at a time, at your nearest branch until 30th September,2023.

Please go through the Frequently Asked Questions (FAQs) issued by the RBI

At KVB, it is our pleasure to assist you in this process. In case you have any concerns or need assistance, please feel free to call our Customer support on 1860 258 1916 or visit your nearest branch.

Thanking you once again and assuring you of our best services at all times,

Yours sincerely,

Head - Consumer Banking.