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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. 5 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days above Rs. 5 cr

3.50

N.A

Calculate
46 days to 90 days above Rs. 5 cr

5.50

N.A

Calculate
91 days to 179 days above Rs. 5 cr

7.75

N.A

Calculate
180 days to 364 days above Rs. 5 cr

8.00

N.A

Calculate
1 year to 2 years only above Rs. 5 cr

9.00

N.A

Calculate
2 year and above to 3 years above Rs. 5 cr

8.75

N.A

Calculate

b) For domestic deposits - above Rs. 2 cr upto Rs.5 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days above Rs. 2 cr upto Rs.5 cr

N.A

3.50

Calculate
46 days to 90 days above Rs. 2 cr upto Rs.5 cr

N.A

5.50

Calculate
91 days to 179 days above Rs. 2 cr upto Rs.5 cr

N.A

7.75

Calculate
180 days to 364 days above Rs. 2 cr upto Rs.5 cr

N.A

8.00

Calculate
1 year to 2 years only above Rs. 2 cr upto Rs.5 cr

N.A

9.25

Calculate
2 year and above to 3 years above Rs. 2 cr upto Rs.5 cr

N.A

9.00

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

N.A

9.00

Calculate
Above 5 years to 10 years above Rs. 2 cr upto Rs.5 cr

N.A

8.75

Calculate

c) For domestic deposits - above Rs. 5 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days above Rs. 5 cr

N.A

3.50

Calculate
46 days to 90 days above Rs. 5 cr

N.A

5.50

Calculate
91 days to 179 days above Rs. 5 cr

N.A

7.75

Calculate
180 days to 364 days above Rs. 5 cr

N.A

8.00

Calculate
1 year to 2 years only above Rs. 5 cr

N.A

9.00

Calculate
2 year and above to 3 years above Rs. 5 cr

N.A

8.75

Calculate

d) For domestic deposits - less than Rs. 1 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days less than Rs. 1 cr

3.50

N.A

Calculate
46 days to 90 days less than Rs. 1 cr

5.50

N.A

Calculate
91 days to 179 days less than Rs. 1 cr

7.75

N.A

Calculate
180 days to 364 days less than Rs. 1 cr

8.00

N.A

Calculate
1 year to 2 years only less than Rs. 1 cr

9.25

N.A

Calculate
2 year and above to 3 years less than Rs. 1 cr

9.00

N.A

Calculate
Above 3 years to 5 years less than Rs. 1 cr

9.00

N.A

Calculate
Above 5 years to 10 years less than Rs. 1 cr

8.75

N.A

Calculate

e) For domestic deposits - Rs. 1 cr and above upto Rs. 5 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Rs. 1 cr and above upto Rs. 5 cr

3.50

N.A

Calculate
46 days to 90 days Rs. 1 cr and above upto Rs. 5 cr

5.50

N.A

Calculate
91 days to 179 days Rs. 1 cr and above upto Rs. 5 cr

7.75

N.A

Calculate
180 days to 364 days Rs. 1 cr and above upto Rs. 5 cr

8.00

N.A

Calculate
1 year to 2 years only Rs. 1 cr and above upto Rs. 5 cr

9.25

N.A

Calculate
2 year and above to 3 years Rs. 1 cr and above upto Rs. 5 cr

9.00

N.A

Calculate
Above 3 years to 5 years Rs. 1 cr and above upto Rs. 5 cr

9.00

N.A

Calculate
Above 5 years to 10 years Rs. 1 cr and above upto Rs. 5 cr

8.75

N.A

Calculate

f) For domestic deposits - Upto Rs. 2 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 45 days Upto Rs. 2 cr

N.A

4.00

Calculate
46 days to 90 days Upto Rs. 2 cr

N.A

6.00

Calculate
91 days to 179 days Upto Rs. 2 cr

N.A

8.25

Calculate
180 days to 364 days Upto Rs. 2 cr

N.A

8.50

Calculate
1 year to 2 years only Upto Rs. 2 cr

N.A

9.75

Calculate
2 year and above to 3 years Upto Rs. 2 cr

N.A

9.50

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

N.A

9.50

Calculate
Above 5 years to 10 years Upto Rs. 2 cr

N.A

9.25

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

9.00

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 - Less than Rs. 1 cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to 2 years Less than Rs. 1 cr 9.25 Calculate
above 2 years to 5 years Less than Rs. 1 cr 9.00 Calculate
above 5 years to 10 years Less than Rs. 1 cr 8.75 Calculate