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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 - Rs. 10 cr and above (last revised on Aug 20, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Rs. 10 cr and above

3.50

N.A

Calculate
46 days to 90 days Rs. 10 cr and above

6.50

N.A

Calculate
91 days to 120 days Rs. 10 cr and above

7.50

N.A

Calculate
121 days to 180 days Rs. 10 cr and above

7.75

N.A

Calculate
181 days to 364 days Rs. 10 cr and above

8.25

N.A

Calculate
1 year to 3 years Rs. 10 cr and above

9.00

N.A

Calculate
Above 3 years to 10 years Rs. 10 cr and above

9.00

N.A

Calculate

b) For domestic deposits - Rs. 3 cr and above (last revised on Aug 20, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Rs. 3 cr and above

3.50

N.A

Calculate
46 days to 90 days Rs. 3 cr and above

6.50

N.A

Calculate
91 days to 120 days Rs. 3 cr and above

7.50

N.A

Calculate
121 days to 180 days Rs. 3 cr and above

7.75

N.A

Calculate
181 days to 364 days Rs. 3 cr and above

8.25

N.A

Calculate
1 year to 3 years Rs. 3 cr and above

9.00

N.A

Calculate
Above 3 years to 10 years Rs. 3 cr and above

8.75

N.A

Calculate

c) For domestic deposits - Upto Rs. 3 cr (last revised on Aug 20, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Upto Rs. 3 cr

4.00

4.50

Calculate
46 days to 90 days Upto Rs. 3 cr

7.00

7.50

Calculate
91 days to 120 days Upto Rs. 3 cr

8.00

8.50

Calculate
121 days to 180 days Upto Rs. 3 cr

8.25

8.75

Calculate
181 days to 364 days Upto Rs. 3 cr

8.75

9.25

Calculate
1 year to 3 years Upto Rs. 3 cr

9.50

10.00

Calculate
Above 3 years to 10 years Upto Rs. 3 cr

9.50

10.25

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

8.75

9.50

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 - Upto Rs. 5 cr (last revised on Aug 20, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to 3 years Upto Rs. 5 cr 9.00 Calculate
Above 3 years to 10 years Upto Rs. 5 cr 8.75 Calculate
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