Bank FD New interest Rates: This bank has revised its interest rates on FDs (Fixed Deposit) of less than Rs 2 crore. After the new revision, the bank is paying 4.50% to 5.80% interest on FDs ranging from 7 days to 10 years. Not only this, Karnataka Bank is offering a maximum interest of 7.30% on FDs maturing in 375 days.
Karnataka Bank FD Rates: Karnataka Bank has revised its interest rates on FD (Fixed Deposit) of less than Rs 2 crore. After the new revision, the bank is paying 4.50% to 5.80% interest on FDs ranging from 7 days to 10 years. Not only this, Karnataka Bank is offering a maximum interest of 7.30% on FDs maturing in 375 days. These new rates of Karnataka Bank have come into effect from tomorrow, April 10, 2023.
Karnataka Bank FD Rates
The bank is now offering an interest rate of 4.50% on FDs maturing in 7 days to 90 days, while Karnataka Bank is now offering an interest rate of 5.25% on FDs maturing in the next 91 days to 364 days. Karnataka Bank is now offering an interest rate of 7.00% on FDs of one to two years and 7.30% on FDs of 375 days. Paying interest at the rate of 6.50% on deposits maturing between 2 to 5 years from now. The bank will pay interest at the rate of 5.80% on FDs maturing between 5 and 10 years from now.
Senior citizens will get extra interest
Senior citizens are getting an additional interest of 0.40 per cent only on schemes covered under domestic FD and ACC scheme. This much interest will be available on FDs of 1 to 5 years. At the same time, extra interest of 0.50 percent will be available on FD of 5 to 10 years.
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