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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. 1 cr and upto 10 crs (last revised on Jan 09, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Above Rs. 1 cr and upto 10 crs

3.50

N.A

Calculate
46 days to 90 days Above Rs. 1 cr and upto 10 crs

4.50

N.A

Calculate
91 days to 179 days Above Rs. 1 cr and upto 10 crs

6.00

N.A

Calculate
181 days to 364 days Above Rs. 1 cr and upto 10 crs

6.20

N.A

Calculate
1 year to 2 years Above Rs. 1 cr and upto 10 crs

6.25

N.A

Calculate

b) For domestic deposits - Above Rs. 1 cr and upto 3 crs (last revised on Jan 09, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Above Rs. 1 cr and upto 3 crs

N.A

4.00

Calculate
46 days to 90 days Above Rs. 1 cr and upto 3 crs

N.A

5.00

Calculate
91 days to 179 days Above Rs. 1 cr and upto 3 crs

N.A

6.50

Calculate
181 days to 364 days Above Rs. 1 cr and upto 3 crs

N.A

6.70

Calculate
1 year to 2 years Above Rs. 1 cr and upto 3 crs

N.A

6.75

Calculate

c) For domestic deposits - Rs. 3 cr to upto 10 crs (last revised on Jan 09, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Rs. 3 cr to upto 10 crs

N.A

3.50

Calculate
46 days to 90 days Rs. 3 cr to upto 10 crs

N.A

4.50

Calculate
91 days to 179 days Rs. 3 cr to upto 10 crs

N.A

6.00

Calculate
181 days to 364 days Rs. 3 cr to upto 10 crs

N.A

6.20

Calculate
1 year to 2 years Rs. 3 cr to upto 10 crs

N.A

6.25

Calculate

d) For domestic deposits - Upto Rs. 1 cr (last revised on Jan 09, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Upto Rs. 1 cr

3.50

4.00

Calculate
46 days to 90 days Upto Rs. 1 cr

5.00

5.50

Calculate
91 days to 179 days Upto Rs. 1 cr

6.50

7.00

Calculate
180 days Upto Rs. 1 cr

7.15

7.65

Calculate
181 days to 364 days Upto Rs. 1 cr

6.70

7.20

Calculate
1 year to 2 years Upto Rs. 1 cr

6.75

7.25

Calculate
Above 2 years to 10 years Upto Rs. 1 cr

6.50

7.00

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

6.50

7.00

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 - Above Rs. 1 cr and upto 10 crs (last revised on Jan 09, 2017)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to 2 years Above Rs. 1 cr and upto 10 crs 6.25 Calculate

b) For NRE Fixed Deposit - Upto Rs. 5 cr (last revised on Jan 09, 2017)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to 2 years Upto Rs. 5 cr 6.75 Calculate
Above 2 years to 10 years Upto Rs. 5 cr 6.50 Calculate
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