FD Rates of Karnataka Bank: Karnataka Bank has revised the interest rates of Fixed Deposit (FD). The new rates of Karnataka Bank have come into effect from 3 December 2024. Karnataka Bank is offering interest rates of 3.50% to 7.50% to the general public on FDs of less than Rs 3 crore.
FD Rates of Karnataka Bank: Karnataka Bank has revised the interest rates of Fixed Deposit (FD). The new rates of Karnataka Bank have come into effect from 3 December 2024. Karnataka Bank is offering interest rates of 3.50% to 7.50% to the general public on FDs of less than Rs 3 crore. Whereas, for senior citizens this rate ranges from 3.75% to 8%. The highest interest rate is 7.50% (General) and 8% (Senior Citizens) for a period of up to 375 days.
Karnataka Bank Interest Rates For General Public
| Maturity Period | Interest rates on FDs up to ₹3 crore (% p.a.) | Interest rates on FDs from ₹3 crore to ₹5 crore (% p.a.) | Interest rates on FDs from ₹5 crore to ₹10 crore (% p.a.) |
|---|---|---|---|
| 7 days to 45 days | 3.50 | 3.50 | 3.50 |
| 46 days to 90 days | 4.00 | 5.25 | 6.00 |
| 91 days to 179 days | 5.25 | 6.25 | 6.25 |
| 180 days to less than 1 year | 6.25 | 6.25 | 6.25 |
| 1 year to 2 years | 7.25 | 7.35 | 7.35 |
| 375 days (FD & ACC)* | 7.50 | 7.50 | 7.50 |
| Above 2 years to 5 years | 6.50 | 6.50 | 6.50 |
| Above 5 years to 10 years | 5.80 | 5.80 | 5.80 |
Karnataka Bank interest Rates For Senior Citizens
| Maturity Period | Interest rates on FDs up to ₹3 crore (% p.a.) | Interest rates on FDs from ₹3 crore to ₹5 crore (% p.a.) |
|---|---|---|
| 7 days to 45 days | 3.75 | 3.75 |
| 46 days to 90 days | 4.25 | 5.50 |
| 91 days to 179 days | 5.50 | 6.50 |
| 180 days to less than 1 year | 6.50 | 6.50 |
| 1 year to 2 years | 7.85 | 7.85 |
| 375 Days- (FD & ACC) | 8.00 | 8.00 |
| Above 2 years to 5 years | 7.00 | 7.00 |
| Above 5 years to 10 years | 6.30 | 6.30 |
- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
