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 less than Rs 3 crore. Whereas, for senior citizens this rate is 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 |
