Karnataka Bank has launched a term deposit scheme ‘KBL Centenary Deposit Scheme’ with effect from October 17, 2022. In order to mark the glorious journey towards Centenary and to reward its patrons, Bank has launched a unique term deposit scheme ‘KBL Centenary Deposit Scheme’ with higher rate of interest.
This deposit will be for a period of 555 days with interest rate of 7.20% p.a. For Senior Citizens the rate of interest will be 7.60% p.a. It is a Golden opportunity to our customers to save and invest to realize better returns.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.
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