Bank FD Comparison Tool
LIC Housing Finance Limited vs Karur Vysya Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between LIC Housing Finance Limited (Private Sector) and Karur Vysya Bank (Private Sector).
LIC HFL
Private Sector
VS
KVB Bank
Private Sector
LIC HFL: Min ₹25,000
KVB Bank: Min ₹1,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹25,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -LIC HFL: % |KVB Bank: %
Side-by-Side Rate Comparison
Direct comparison of general rates
LIC HFL
KVB Bank
Highlighted = Your selected tenure
Feature Comparison
Features | LIC HFL Private Sector | KVB Bank Private Sector |
|---|---|---|
Minimum FD Amount | ₹25,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
LIC Housing Finance Limited
Private Sector Bank
Key Advantages:
Housing Finance Company (HFC) with competitive FD rates
Senior citizens get +0.50% additional interest
Trusted brand backed by LIC
Digital FD booking available
Loan against FD facility
Flexible interest payout options
Minimum deposit: ₹25,000
Maximum deposit: ₹2 Crore
Karur Vysya Bank
Private Sector Bank
Key Advantages:
Private sector bank
Competitive interest rates
Digital banking services
Online FD booking facility
Auto-renewal facility available
Special deposit schemes: KVB 333 (333 days), KVB 400 (400 days)
Senior citizens get +0.50% additional interest
Tax Shield Deposits (5 years) available
Green Deposits scheme (2345 days) available
Rainbow Deposits (RBFD) available
Rates effective from 26.09.2025 for deposits below ₹3 Crores
Note: Website uses JavaScript/PDF for rates - rates updated manually from official source
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between LIC HFL (₹5L) + KVB Bank (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose LIC HFL If:
- •Minimum amount: ₹25,000
- •Private Sector banking preference
- •Housing Finance Company (HFC) with competitive FD rates
- •Senior citizens get +0.50% additional interest
- •Trusted brand backed by LIC
Choose KVB Bank If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Private sector bank
- •Competitive interest rates
- •Digital banking services
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
Explore more FD comparisons
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