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The Karur Vysya Bank Limited was
set up in the year 1916 at Karur in Tamil Nadu (India). The Bank started
with only Rs. 1 lakh Capital.
The Bank is spread over in 10 States and 1 Union Territory with 231
branches and 5 extension counters. The Bank is one of the early banks to
adhere the norm of Capital Adequacy Ratio stipulated in Reserve Bank of
India and is maintaining over 16% ratio.
In the fiscal year 2004-05, the total business touched the figure of
Rs. 11413.2 crores and declared 100 percent dividend for the financial
year 2004-05.
The total deposit of the Bank by the end of March 2005 was Rs. 6672.19
crores and advances was Rs. 4741.01 crores. The profit of the Bank stood
to Rs. 105.34 crores.
Products & Services of KVB
For individual, Karur Vysya Bank offers the following services
- Savings Account
- Current Account
- Loans
- Debit Cards
- Deposits
- Life Insurance
- General Insurance
For corporates, Karur Vysya Bank
offers the following services:
- Current Account
- Deposits
- Lending / Financing
- Trade Services
- Insurance
- Multicity Account
The insurance products are as
mentioned below:
- Life Insurance
- General Insurance
The farmers enjoy the under mentioned
types of products:
- Deposits
- Savings Account
- Current Account
- Green Card
- Loans
The following services are offered to
the NRIs:
- FCNR Accounts
- NRE Account
- NRO Account
- Loan Facilities
Karur Vysya Bank International
office
"KVB TOWERS"
II Floor,
568, Anna Salai,
Teynampet, AGM
Chennai- 600 018. (T.N.)
Tel. : +91 44 24314185, 24314186, 24314187
Website of Karur Vysya Bank
www.kvb.co.in
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