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Karnataka Bank Ltd - Fixed Deposit Interest Rates

Submitted By Nimmy Sunil on 26 February 2023

Deposit Interest Rates

Rates of Interest on Domestic Term Deposits w.e.f. 1st March, 2023

Maturity Pattern	Interest Rate (% p.a) for Deposits below Rs.2 Crore	Interest Rate (% p.a) for Deposits Rs.2 Crore and upto Rs. 10 Crore
7 days to 45 days	5.25	5.60
46 days to 90 days	5.25	5.60
91 days to 364 days	5.25	5.25
1 year to 2 years	7.00	7.00
555 days (KBL Centenary Deposit)	7.50	7.50
Above 2 Year to 5 years	5.75	5.75
Above 5 year to 10 years	5.80	5.80

Minor Deposit Scheme w.e.f. 01.03.2023

555 days (KBL Centenary Deposit)	7.50%
7 days to 10 years	As applicable for Domestic Term Deposits
Above 10 years	5.50%

Interest rate for Senior Citizens:(FD & ACC Only)

w.e.f. 01.03.2023
Maturity Pattern	Interest Rate (% p.a) for Deposits below Rs.2 Crore	Interest Rate (% p.a) for Deposits Rs.2 Crore and upto Rs. 5 Crore
555 days (KBL Centenary Deposit)	7.90	7.90
1 year to 2 Years	7.40	7.40
Above 2 Year to 5 years	6.15	6.15
Above 5 Year to 10 years	6.30	6.30

NRE Rupee Term Deposits

Interest rates for NRE Rupee Term Deposits w.e.f. 01.03.2023
Maturity Pattern	Interest Rate (% p.a) for Deposits below Rs.2 Crore	Interest Rate (% p.a) for Deposits Rs.2 Crore and upto Rs. 10 Crore
555 days (KBL Centenary Deposit)	7.50	7.50
1 Year to 2 Years	7.00	7.00
Above 2 Year to 5 Years	5.75	5.75
Above 5 Year to 10 Years	5.80	5.80

Tags

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