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    Karnataka Bank Fixed Deposit Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    3.5% - 7.4% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.75% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.28% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Karnataka Bank Fixed Deposit Rates is Rated as "Blown Away!" by 13 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Karnataka Bank Fixed Deposit Rates

    Karnataka Bank is one among the leading commercial banks in the country that falls under the class ‘A’ category of scheduled banks. The bank was founded in 1924 and is based out of Mangalore in Karnataka. Karnataka Bank fixed deposit (FD) rates are as per industry standards. This is a good investment option for all age groups. The bank has a lot of options to choose from such as regular deposits and tax saving term deposits. Before applying for an FD, it is wise to take a look at the interest rates offered.

    The following are the revised interest rates offered by Karnataka Bank for regular and senior citizens with effect from 31 May, 2018:

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 days to 45 days 3.50% 4.00%
    46 days to 90 days 5.00% 5.50%
    91 days to 364 days 6.50% 7.00%
    365 days to 2 years 7.25% 7.75%
    More than 2 years to 10 years 6.50% 7.00%

    *The above rates are paid on deposits are less than Rs.1 crore.

    Karnataka Bank Short-Term FD Rates

    • An interest rate of up to 6.50% p.a. is paid on Karnataka Bank short-term fixed deposits. This is the highest rate paid for this investment duration range.
    • Those applying for this type of deposit scheme can choose a tenure that is from a minimum of 7 day to a maximum of 364 days.
    • The various tenure slabs include 7 days to 45 days, 46 days to 90 days, 91 days to 179 days, and 181 days to 364 days.
    • For 46 days and 90 days, the applicable bank rate on FDs is 5.00% p.a., and for 7 days to 45 days the rate paid is 3.50% p.a.

    Karnataka Bank Medium and Long-Term FD Rates

    • The interest rate paid for deposits that are held from 1 year to 10 years ranges from 6.50% p.a. to 7.25% p.a.
    • The highest FD interest rate paid by Karnataka Bank is 7.25% p.a. for a tenure range of 1 year to 2 years.
    • For any FD tenure that is more than 2 years, customers will gain interest at the rate of 6.50% p.a.

    Karnataka Bank Senior Citizen FD Rates

    • The bank will pay a depositor that is aged 60 years and above an extra 0.50% interest for al tenure ranges.
    • The interest rate available for a senior citizens ranges from 4.00% p.a. to 7.75% p.a.
    • The highest interest rate paid to a senior citizen is 7.75% p.a. for holding a fixed deposit from 1 year to 2 years.
    • An FD rate of 7.00% p.a will be paid for keeping a deposit from 91 days to 364 days and from more than 2 years to 10 years.

    Karnataka Bank FD Rates: Above Rs.1 Crore to Rs.10 Crore

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    7 days to 45 days 3.50% 3.90%
    46 days to 90 days 5.00% 5.40%
    91 days to 364 days 6.50% 6.90%
    365 days to 2 years 7.25% 7.65%
    More than 2 years to 10 years NA NA

    Karnataka Bank Special Deposit FD Rates: No Premature Closure

    Tenure Regular Interest Rate (per annum) Senior Citizen Interest Rate (per annum)
    KBL Tax Planner Scheme (5 years) 6.50% 7.00%

    Karnataka Bank Minor Deposit Scheme FD Rates: with effect from 30 January, 2018

    Tenure Interest Rate (per annum)
    7 days to 45 days 3.50%
    46 days to 90 days 5.00%
    91 days to 364 days 6.50%
    365 days to 2 years 7.25%
    More than 2 years to 10 years 6.50%
    Above 10 years 6.50%

    Karnataka Bank Fixed Deposit Reviews

    • Karnataka Bank 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.
      Was this review helpful? 1
      , chennai
      Reviewed on Dec 22, 2017
    • Karnataka Bank 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.
      Was this review helpful? 2
      , bangalore
      Reviewed on Dec 19, 2017
    • Karnataka Bank 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.
      Was this review helpful? 3
      , chennai
      Reviewed on May 22, 2017
    • Karnataka Bank 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.
      Was this review helpful? 7
      , bangalore
      Reviewed on Mar 22, 2016
    • Karnataka Bank 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.
      Was this review helpful? 6
      , chennai
      Reviewed on Mar 11, 2016
    • Karnataka Bank 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.
      Was this review helpful? 7
      , faridabad
      Reviewed on Feb 05, 2016
    • Karnataka Bank 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.
      Was this review helpful? 4
      , goa
      Reviewed on Dec 16, 2015
    • Karnataka Bank 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.,
      Was this review helpful? 3
      , bangalore
      Reviewed on Sep 02, 2015
    • Karnataka Bank 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.
      Was this review helpful? 7
      , bangalore
      Reviewed on Jun 02, 2015
    • Karnataka Bank 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.
      Was this review helpful? 7
      , vellore
      Reviewed on Dec 08, 2014
    • Karnataka Bank 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.
      Was this review helpful? 2
      , bangalore
      Reviewed on Dec 06, 2014
    • Karnataka Bank 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.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jul 14, 2014
    • Karnataka Bank 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.
      Was this review helpful? 4
      , bangalore
      Reviewed on Jun 16, 2014
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