Karnataka Bank raises deposit interest rates


PTI, Jun 30, 2022, 1:37 PM IST

The city-headquartered private sector Karnataka Bank has increased interest rates on its domestic and NRE rupee term deposits for amount below Rs 2 crore.

The rate of interest for 1-2 years deposits will be 5.35 percent and above two years to five years, the rate will be 5.50 percent. The above rates are effective from July 1 this year, a bank release here said.

The upward revision in the deposit interest rate will encourage retail customers to invest more in various term deposit schemes of the bank, the release said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Karnataka Transport Minister Ramalinga Reddy justifies bus fare hike

Rohit’s road ahead: Tough to see ‘Hitman’ in India jersey beyond Champions Trophy

LPG tanker overturns on Coimbatore flyover in TN, officials avert major tragedy

Actor Allu Arjun granted regular bail in theatre stampede case by local court in Hyderabad

‘Medical seats can’t remain vacant’: SC asks Centre to hold talks with stakeholders

PM Modi likens AAP to ‘aapda’ for Delhi, calls for its defeat in polls

President Droupadi Murmu hails NIMHANS for its integrated medicine services

Related Articles More

President Murmu urges families to encourage women to speak up about their health issues

Madikeri: Man dies after hit-and-run near Suntikoppa

Madikeri: Two brothers injured in wild elephant attack

Madikeri: Driver crushed to death after jumping from runaway truck

Mangaluru: BJP stages roadblock, demands Minister Priyank Kharge’s resignation over contractor’s suicide

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

Over 400 flights delayed at Delhi airport due to bad weather

No link between Sanatana Dharma and Chaturvarnya caste system, says Sivagiri Mutt head

RSS’ lathi-training instills bravery, not meant for public display or fighting: Bhagwat

UPSC seeks details from 2 visually-impaired candidates,who took 2008 civil services, for appointment

BJP destroying future of youths in country: Rahul

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.