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Karnataka Bank Fixed Deposit Rates

and 2 other FDs

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Deposit Amount Range

Tenure Range

Interest Rate

Details

Up to ₹1Cr

7 Days to 10 Years

3.5% - 7.4% Monthly compounding

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NRI - FD Details

Up to ₹1Cr

1 Year to 10 Years

6.5% - 6.75% Monthly compounding

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Up to ₹25L

1 Year to 5 Years

7.75% - 8.6% Monthly compounding

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Up to ₹25L

1 Year to 5 Years

7.72% - 8.65% Monthly compounding

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Karnataka Bank Fixed Deposit Rates is Rated as "Blown Away!" by 13 Users

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Karnataka Bank Fixed Deposit Rates

Karnataka Bank provides Fixed Deposit schemes at interest rates between 3.50% p.a. to 7.40% p.a. These schemes can be availed for any tenure within 7 days to 10 years.

Karnataka Bank FD Rates: Rs.1 crore-Rs.5 crore

One can look at the Karnataka Bank Fixed Deposit rates* for the deposit range between Rs.1 crore and Rs.5 crore:

Tenure	Regular FD interest rate (per annum)	Senior citizen FD interest rate (per annum)
7 days to 45 days	3.50%	4.00%
46 days to 91 days	5.00%	5.50%
91 days to 12 months	6.50%	7.00%
12 months to 24 months	7.40%	7.90%
Above 24 months to 60 months	6.90%	7.40%
Above 60 months to 120 months	6.50%	7.00%

*The Karnataka Bank Fixed Deposit rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

Karnataka Bank’s Highest Fixed Deposit Rates

The maximum rate on Karnataka Bank short-term FD is 6.50% p.a. for a maturity period between 91 days with less than 1 year.

One can get up to 7.40% p.a. for a Karnataka Bank medium-term Fixed Deposit scheme for a tenure range of 1 year to less than 2 years.

The FD rate for a long-term deposit is 6.50% p.a.

Karnataka Bank FD Interest Rates: Rs.5 crore-Rs.10 crore

The following table has Karnataka Bank Term Deposit rates* for FD from Rs.5 crore and Rs.10 crore:

Tenure	Regular FD interest rate (per annum)	Senior citizen FD interest rate (per annum)
7 days to 46 days	3.50%	3.90%
46 days to 91 days	5.00%	5.40%
91 days to 12 months	6.50%	6.90%
12 months to 24 months	7.40%	7.80%
Above 24 months to 60 months	6.90%	7.30%
Above 60 months to 120 months	6.50%	6.90%

*The Karnataka Bank Fixed Deposit interest rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

Karnataka Bank Tax Planner FD Rates

The interest rates* for Karnataka Bank Tax Planner Deposit scheme are mentioned here:

Tenure	Depositors below 18 years(p.a)	Senior citizen FD interest rate (per annum)
60 months	6.90%	7.40%

*The Karnataka Bank Tax Planner Deposit rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

Karnataka Bank Minor Deposit rates

The table given below shows the Karnataka Bank Minor Fixed Deposit interest rates*:

Tenure	Depositors below 18 years(p.a)	Senior citizen FD interest rate (per annum)
7 days to 46 days	3.50%	N/A
46 days to 91 days	5.00%	N/A
91 days to 12 months	6.50%	N/A
12 months to 24 months	7.40%	N/A
Above 24 months to 60 months	6.90%	N/A
Above 60 months to 120 months	6.50%	N/A
More than 120 months	6.50%	N/A

*The Karnataka Bank Minor Deposit interest rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

Different Domestic Term Deposit Schemes By Karnataka Bank

Karnataka Bank Fixed Deposit scheme
Karnataka Bank Abhyudaya Cash Certificate (ACC)
Karnataka Bank Tax Planner Deposit scheme
Karnataka Bank Soulabhya Deposit

Different NRI FD schemes by Karnataka Bank

Non-Resident External Term Deposit rates (NRE)

Non-Resident Ordinary FD Rates (NRO)

Foreign Currency Non-Resident (Bank) Deposit rates (FCNR (B))

Karnataka Bank NRE Deposit rates: Below Rs.1 crore

This table contains the Karnataka Bank NRE Fixed Deposit rates* for deposits less than Rs.1 crore:

Tenure	Depositors below 18 years(p.a)	Senior citizen FD interest rate (per annum)
12 months-24 months	7.40%	N/A
Above 24 months-60 months	6.90%	N/A
Above 60 months-120 months	6.50%	N/A

*The Karnataka Bank NRE Fixed Deposit interest rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

Karnataka Bank NRO Deposit rates: Less than Rs.1 crore

The Karnataka Bank NRO Fixed Deposit rates* are given in the following table:

Tenure	Depositors below 18 years(p.a)	Senior citizen FD interest rate (per annum)
7 days to 46 days	3.50%	N/A
46 days to 91 days	5.00%	N/A
91 days to 12 months	6.50%	N/A
12 months to 24 months	7.40%	N/A
Above 24 months to 60 months	6.90%	N/A
Above 60 months to 120 months	6.50%	N/A

*The Karnataka Bank NRO Fixed Deposit rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

Karnataka Bank FCNR (B) Deposit rates

The rates* for FCNR (B) deposits are mentioned with the associated foreign currency:

Tenure	Karnataka Bank FCNR (B) FD rate p.a. (in %)
Tenure	GBP	CAD	USD	SEK	AUD	SGD	CHF	JPY	HKD
12 months	2.08	3.70	4.03	0.95	3.11	3.14	0.56	1.19	3.72
12 months 1 day to 24 months	2.08	3.70	4.03	0.95	3.11	3.14	0.56	1.19	3.72
24 months to 36 months	2.27	3.85	4.20	1.17	3.19	3.29	0.64	1.22	3.95
36 months to 48 months	2.47	4.01	4.33	1.48	3.36	3.48	0.89	1.34	4.16
48 months to 60 months	2.55	4.04	4.36	1.67	3.62	3.55	1.04	1.36	4.22
60 months	2.61	4.06	4.37	1.85	3.72	3.61	1.18	1.39	4.26

*The Karnataka Bank NRO Fixed Deposit rates are subject to vary as per the discretion of the bank. The interest rates mentioned in the table are effective as of 1 November 2018.

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News About Karnataka Bank Fixed Deposit

Fixed Deposit Rates of Karnataka Bank

One of the leading private sector banks in the state, Karnataka Bank offers term deposits at competitive rates of interest. Following a directive issued by the Reserve Bank of India, to cut repo rates, this A1+ commercial bank has revised its rates of interest on fixed deposits.

For term deposits of up to and inclusive of Rs 1 crore, with a tenure of 121 to 180 days, the interest rate currently offered is 7.65%. For deposits of above Rs 1 crore and up-to Rs 10 crore; and Rs 10 crore and up-to Rs 100 crore, the rate of interest computed is 7.65%. The revised rates have come into effect from March 30, 2016.

1 April 2016
Karnataka Bank term deposits interest rates fall

Karnataka Bank term deposits rates of interest have fallen for the short term deposits. The rates have been affected due to the imposing of repo rates by the RBI, as a result of this most banks are lowering the rates of interests. The interest rates for the short term deposits with the tenure of 91-120 days have seen a 0.25% drop from 7.5% has now come down to 7.25% interest rate per annum for deposits upto and inclusive of Rs.1 Crore, for deposits above Rs.1 Crore up to Rs. 10 Crore 7.00%.

The highest rate of interest currently being offered on fixed deposits by the bank is 8.00% on periods of 1-2 years only.

26 August 2015

Other Products from Karnataka Bank

Karnataka Bank Fixed Deposit Reviews

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Fixed Deposit

"Good "

0.5 5.0/5 "Blown Away!"

Karnataka Bank fixed deposit interest rate is good than other banks, they are providing 7.35% of interest for senior citizen. I have went to the branch they provided hassle customer satisfaction. I took FD before two months with this bank for the tenure of one year.

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KRISHNA SAMMY SUKUMAR , chennai
Reviewed on Dec 22, 2017
Fixed Deposit

"Good"

0.5 5.0/5 "Blown Away!"

I had a Fixed Deposit account with Karnataka Bank. It was taken last year and closed this October 2017. FD is not matured, If I continue paying it my IT returns will go high so decided to closed this account. I have deposited 4L rupees. The customer service and response was up to the mark.

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AKSHAY KODANCHA , bangalore
Reviewed on Dec 19, 2017
Fixed Deposit

"Good Bank"

0.5 5.0/5 "Blown Away!"

I have an account for fixed deposit only with Karnataka bank. I have deposited around fifty five lakhs. I bank with Karnataka for more than twenty years, even my family members are having an account with the same bank. Their services are really good.

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RAJESH LOGANATHAN , chennai
Reviewed on May 22, 2017
Fixed Deposit

"Good service "

0.5 4.0/5 "Great!"

They have provided a interest rate around 8.25% for the fixed deposit with Karnataka Bank.They apply a locking period of 5years in the fixed deposit applied.They have given a Tax saving service to the customer.There is no online application available where customer can get the information about fixed deposit.

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ANOOP KUMAR S , bangalore
Reviewed on Mar 22, 2016
Fixed Deposit

"Satisfactory"

0.5 5.0/5 "Blown Away!"

My fixed deposit is from Karnataka bank. The services are good from them. The response is good. They also offer a good rate of interest. There are no charges taken for any of the facilities. I been a long time customer of the bank and it has always been a good experience.

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MAHAVEERJAIN JAIN , chennai
Reviewed on Mar 11, 2016
Fixed Deposit

"Customer service is good..."

0.5 5.0/5 "Blown Away!"

Every yearly I use to open the fixed deposit. Actually last time the Karnataka bank has offered 8.75% to 9.5% of rate. Currently it is 8.75% of rate. Actually half percent will be extra for the senior citizens. You can take loan and OD limits on basis this FD.

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DINESH KUMAR SATIJA , faridabad
Reviewed on Feb 05, 2016
Fixed Deposit

"High rate for fixed deposit.."

0.5 5.0/5 "Blown Away!"

Three years ago the fixed deposit rate was about 8.75% in the market whereas Karnataka bank gave 9.55% of fixed rate. In addition to that there is no charge for pre closure. I am satisfied with Karnataka bank for fixed deposit and also they are servicing good.

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BALLAPPA BASSAPPA AKSHIMANI , goa
Reviewed on Dec 16, 2015
Fixed Deposit

"Very good"

0.5 5.0/5 "Blown Away!"

Karnataka FD was fine there was no feedback for them. They have intimated everything was done on time they call me frequently and they provide proper updates. They are good in all the ways and means. This FD was opened during the year 2006. I went to the Branch personally and opened this account and they took around 15 minutes of time to open this FD and its a cumulative interest and this FD is active.,

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LOKESH PAPANNA , bangalore
Reviewed on Sep 02, 2015
Fixed Deposit

"Trust worthy bank in private sector."

0.5 5.0/5 "Blown Away!"

Advantage of having fixed deposit in Karnataka bank is that they provide interest paid at monthly interval without any deduction in the earned interest for the principal amount. This is the outstanding feature of KBL. Also they have very less service charge in the private sector banks that it can be negligible. Customer service is also better.

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Nelson Philipangel , bangalore
Reviewed on Jun 02, 2015
Fixed Deposit

"Nice experience"

0.5 5.0/5 "Blown Away!"

Transaction criteria is easy and smooth in Karnataka bank for FD. I believe they are giving interest around 9 to 12% on Fixed Deposit. I got it for term of 5 years. Often I visit branch so whenever I do visit, getting satisfactory service from employees. However I would say that branches are less over cities so I suggesting Karnataka bank to open extra branches.

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MOHANAMOORTHY G , vellore
Reviewed on Dec 08, 2014
Fixed Deposit

"Good scheme!!"

0.5 5.0/5 "Blown Away!"

Interest rate on Fixed deposit is good where they offering up to 9.75% and charges are less. I opted for long term of 5 years and rate of interest accumulate per annum. Good service I am getting from Karnataka bank so I like banking with them. Benefit is that, I can get loan on FD.

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NAGARAJ NAIK , bangalore
Reviewed on Dec 06, 2014
Fixed Deposit

"Fully Satisfied with Service"

0.5 4.0/5 "Great!"

Karnataka Bank fixed deposit, service is good, there response is best, i am using from past 1.5 years, i got confirmation slip, it was easy process to open my fixed deposit account, interest rate is good as per nationalized banks i got, facilities is good on my account. everything is fine time to time update.

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VENKATESHWARA RAHURI , bangalore
Reviewed on Jul 14, 2014
Fixed Deposit

"Best interest rate"

0.5 4.0/5 "Great!"

I have started a fixed deposit with Karnataka bank in the year 2010. Overall services of the bank are good and the response is very instant. Anything related to fixed deposit like maturity are communicated to me clearly on time. It is very easy to start a fixed deposit. Very easy documentation and the rate of interest is little bit higher than other banks.

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MARUTHESH PATIGE TALADAHALLI , bangalore
Reviewed on Jun 16, 2014

Disclaimer

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.