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Lakshmi Vilas Bank FD Calculator

Total Investment

₹10,000
₹1,00,00,000

Number of years

Yrs
1 yr
25 yrs

Interest Rate

%
1 %
15%

Lakshmi Vilas Bank Fixed Deposit Rates - General Public

Tenure bracket General FD rates (per annum)
7 days to 60 days 2.50%
61 days to 180 days 2.75%
181 days to 269 days 3.00%
270 days to 364 days 3.50%
365 days to 540 days 5.00%
541 days to 730 days 5.15%
731 days to less than 3 years 5.25%
3 years to less than 5 years 5.65%
5 years to 10 years 5.75%

Note: The FD interest rates are effective as of 10 October 2021

Lakshmi Vilas Bank Fixed Deposit Rates - Senior Citizens

Tenure bracket Senior Citizens FD rates (per annum)
7 days to 60 days 2.50%
61 days to 180 days 2.75%
181 days to 269 days 3.50%
270 days to 364 days 4.00%
365 days to 540 days 5.50%
541 days to 730 days 5.65%
731 days to less than 3 years 5.75%
3 years to less than 5 years 6.15%
5 years to 10 years 6.25%

Note: The FD interest rates are effective as of 10 October 2021

Lakshmi Vilas Bank Tax Saver Deposit Rate - General Public

Tenure bracket General FD rates (per annum)
5 years 5.75%

Note: The FD interest rates are effective as of 10 October 2021

Lakshmi Vilas Bank Tax Saver Deposit Rate - Senior Citizens

Tenure bracket Senior Citizens FD rates (per annum)
5 years 6.25%

Note: The FD interest rates are effective as of 10 October 2021

Interest rates for NRE term deposit

Tenure bracket Rate of Interest (per annum)
1 year to less than 2 years 3.15%
2 years to less than 3 years 3.35%
3 years to less than 5 years 4.35%
5 years to 10 years 4.35%

Note: The FD interest rates are effective as of 10 October 2021

Interest rates for NRE term deposit

Tenure bracket General FD rates (per annum)
7 days to 60 days 2.50%
61 days to 180 days 2.75%
181 days to 269 days 3.00%
270 days to 364 days 3.50%
365 days to 540 days 5.00%
541 days to 730 days 5.15%
731 days to less than 3 years 5.25%
3 years to less than 5 years 5.65%
5 years to 10 years 5.75%

Note: The FD interest rates are effective as of 10 October 2021

Interest rates for RFC term deposits

Tenure/Currency GBP USD
1 month to less than 6 months 0.04% 0.15%
6 months to less than 1 year 0.06% 0.26%
1 year 0.13% 0.33%
RFC SB 0.05% 0.05%

Note: The FD interest rates are effective as of 10 October 2021

Disclaimer:
This calculator is meant to be used for indicative purposes only. It is designed to assist you in determining the appropriate amount of prospective investments. This calculator alone is not sufficient and shouldn’t be used for the development or implementation of any investment strategy. Upstox does not take the responsibility/liability nor does it undertake the authenticity of the figures calculated therein. Upstox makes no warranty about the accuracy of the calculators/reckoners. The examples do not claim to represent the performance of any security or investments. In view of the individual nature of tax consequences, each investor is advised to consult his/her own professional tax advisor before making any investment decisions on the basis of the results provided through the use of this calculator.