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.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
