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Karnataka Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Above Rs. 2 cr to Rs. 5 cr (last revised on Aug 02, 2011)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Above Rs. 2 cr to Rs. 5 cr

3.50

3.50

Calculate
46 days to 90 days Above Rs. 2 cr to Rs. 5 cr

5.50

5.00

Calculate
91 days to 180 days Above Rs. 2 cr to Rs. 5 cr

8.00

7.75

Calculate
181 days to 364 days Above Rs. 2 cr to Rs. 5 cr

8.50

8.50

Calculate
1 year to 2 years Above Rs. 2 cr to Rs. 5 cr

9.75

9.75

Calculate
Above 2 years to 3 years Above Rs. 2 cr to Rs. 5 cr

9.50

9.50

Calculate
Above 3 years to 5 years Above Rs. 2 cr to Rs. 5 cr

9.50

9.50

Calculate
Above 5 years Above Rs. 2 cr to Rs. 5 cr

9.25

9.25

Calculate

b) For domestic deposits - Above Rs. 5 cr (last revised on Aug 02, 2011)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Above Rs. 5 cr

3.50

3.50

Calculate
46 days to 90 days Above Rs. 5 cr

5.50

5.00

Calculate
91 days to 180 days Above Rs. 5 cr

8.00

7.75

Calculate
181 days to 364 days Above Rs. 5 cr

8.50

8.50

Calculate
1 year to 2 years Above Rs. 5 cr

9.75

9.75

Calculate
Above 2 years to 3 years Above Rs. 5 cr

9.50

9.50

Calculate

c) For domestic deposits - Upto Rs. 2 cr (last revised on Aug 02, 2011)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Upto Rs. 2 cr

3.50

4.00

Calculate
46 days to 90 days Upto Rs. 2 cr

5.50

5.50

Calculate
91 days to 180 days Upto Rs. 2 cr

8.00

8.25

Calculate
181 days to 364 days Upto Rs. 2 cr

8.50

9.00

Calculate
1 year to 2 years Upto Rs. 2 cr

9.75

10.25

Calculate
Above 2 years to 3 years Upto Rs. 2 cr

9.50

10.00

Calculate
Above 3 years to 5 years Upto Rs. 2 cr

9.50

10.00

Calculate
Above 5 years Upto Rs. 2 cr

9.25

9.75

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
KBL - Tax Planner - 5 years Upto Rs. 1 lakh

9.50

10.00

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Feb 01, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year and above to less than 2 years Less than Rs. 1 cr 9.75 Calculate
2 year and above to less than 3 years Less than Rs. 1 cr 9.50 Calculate
3 year and above to less than 5 years Less than Rs. 1 cr 9.50 Calculate
5 year and above to 10 years Less than Rs. 1 cr 9.25 Calculate