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Karur Vysya Bank launches Capital Gains Account Scheme
Jan-10-2026

Karur Vysya Bank (KVB) has launched its Capital Gains Account Scheme (CGAS), following recent official authorization from the Ministry of Finance, Government of India. The service will be available to customers with immediate effect, across the bank’s branch network except rural markets.

The Capital Gains Account is a specialized facility designed for individuals and Hindu Undivided Families (HUFs) who have sold assets - such as property, land, or securities--and need a secure way to ‘park’ their proceeds. By depositing funds into this account, taxpayers remain eligible for tax exemptions under the Income Tax Act, 1961, while they finalize their next long-term investment.

The Capital Gains Account Scheme is available across KVB’s non-rural branch network. The scheme enables fund transfers through UPI, NEFT, and RTGS, in line with the Bank’s existing digital banking infrastructure, and account opening and operations are carried out as per applicable regulatory requirements. Customers may choose between Type A (Savings Account), intended for periodic withdrawals aligned with phased reinvestment or construction timelines, and Type B (Term Deposit), designed for parking capital gains for a fixed tenure, with options for cumulative or non-cumulative interest payout.

Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.


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