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Karur Vysya Bank Zero Balance Savings Account, Features, Interest Rates

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Karur Vysya Bank Offers KVB Basic Savings Bank Account That Includes a Zero Monthly Average Balance Account, Unlimited Transaction, Free Debit Card, NetBanking/MobileBanking Facilities, and Much More.

Features of KVB Basic Savings Bank Account.

1- Free From maintaining a minimum balance in this account.

It means no charge for not maintaining an average balance in your account. you can choose this account because there will be absolutely no maintenance charge for your account.

2-The Basic SB account can be opened with zero balance.

You can apply to open without paying any amount.

3-You will get a RuPay Debit Card.

You will get an interest rate of up to 3.5% p.a. on deposit.

Zero Balance Savings Account with Karur Vysya Bank
Zero Balance Savings Account with Karur Vysya Bank

Benefits of KVB Basic Savings Bank Account

Unlimited transactions in this account.

You will get privileged of no restriction will be imposed with regard to the number of transactions in this account.

What Are The Eligibility Criteria for KVB Basic Savings Bank Account?

1- Those who apply for joint accounts holders, the applicant as well as the co-applicant have to submit the KYC documents.

2-Any Indian Individuals having Indian citizenship.

3- Aadhaar Linked Mobile Number, Aadhaar Number, and Pan Card Number.

4- Passport size photograph and Proof of Age.

How to open KVB Basic Savings Bank Account?

You can choose following given below steps to open KVB Basic Savings Bank Account.

Online Mode

In this step, you have to click on the link and put your basic details as required. After successfully inquiry form submission bank representative call and guide you.

Offline Mode

1-You have to visit your nearest bank branch.

2- You can call on this Helpline (Domestic) toll-free number: 1860 258 1916.

Things to Remember in KVB Basic Savings Bank Account.

1-This account will not have multi-city status.

2-Cheque book facility is not available for this account type.

3-The aggregate of all credit should not exceed Rs. 1 Lakh per year

4-The aggregate of all withdrawals and transfers should not exceed Rs. 10,000/- per month

5-You should not exceed Rs. 50,000/- at any point in time.

Zero Balance Savings Account with Karur Vysya Bank
Zero Balance Savings Account with Karur Vysya Bank


  1. What is The KVB Basic Savings Bank Account?

This is Basic Savings Bank Account aims to ensure that all members of society can access banking services.

2.What are the Eligibility Criteria to open this account?

An individual or Joint Members residing in India, above 18 years of age, have a PAN & Aadhaar linked with a phone number.

3.Is this Mandatory to provide Aadhaar?

Definitely Yes. If you don’t have Aadhaar, please nearest bank branch and choose from another range of products.

4.Is This Video KYC Available for This Account?


  1. What Can Happen if I don’t complete KYC within one year?

Your account will be automatically closed if you are unable to do so.

  1. Are there Joint Account Facilities in This Account?


  1. Can I apply for this account online without a visit to the branch?

Definitely Not.

  1. What are the typical interest rates offered by Karur Vysya Bank on their savings account deposits?

The interest rate on Karur Vysya Bank savings accounts deposits is 4% per annum which is calculated on the daily end of the day balance.

Zero Balance Savings Account with Karur Vysya Bank
Zero Balance Savings Account with Karur Vysya Bank


Karur Vysya Bank is one of the leading scheduled commercial private sector banks in India.

Started in 1916 with the sole purpose to serve the trading community and financial support of the city at Karur, Tamil Nadu. Karur Vysya Bank becomes a symbol of pure Technical Advanced Banking & Finance all over India.

Karur Vysya Bank offers a range of products and services savings account, current account, deposit account, credit card, loan products like home loans, car loans, education loans, mortgage loans, personal loans, and much more

This bank has expands 779 branches and 1659 ATMs, and around 565 cash deposit machines as on 31 March 2020.

Currently, Karnataka Bank Managing Director & CEO is Mr. B Ramesh Babu, and Its Headquarters is Karur, Tamil Nadu

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