look news india
Karnataka Bank FD Rates: Karnataka Bank has revised the interest rates on fixed deposits (FD). The new rates of Karnataka Bank have come into effect from 3 December 2024. Karnataka Bank is offering interest rates of 3.50% to 7.50% to the common people on FD of less than Rs 3 crore. Whereas for senior citizens this rate ranges from 3.75% to 8%. The highest interest rates for tenure up to 375 days are 7.50% (General) and 8% (Senior Citizens).
Karnataka Bank interest rates for general public
| maturity period | Interest rates on FD up to ₹3 crore (% per annum) | Interest rates on FD between ₹3 crore to ₹5 crore (% per annum) | Interest rates on FD between ₹5 crore to ₹10 crore (% per annum) |
|---|---|---|---|
| 7 days to 45 days | 3.50 | 3.50 | 3.50 |
| 46 days to 90 days | 4.00 | 5.25 | 6.00 |
| 91 days to 179 days | 5.25 | 6.25 | 6.25 |
| 180 days to less than 1 year | 6.25 | 6.25 | 6.25 |
| 1 year to 2 years | 7.25 | 7.35 | 7.35 |
| 375 days (FD & ACC)* | 7.50 | 7.50 | 7.50 |
| More than 2 years to 5 years | 6.50 | 6.50 | 6.50 |
| More than 5 years to 10 years | 5.80 | 5.80 | 5.80 |
Karnataka Bank interest rates for senior citizens
| maturity period | Interest rates on FD up to ₹3 crore (% per annum) | Interest rates on FD between ₹3 crore to ₹5 crore (% per annum) |
|---|---|---|
| 7 days to 45 days | 3.75 | 3.75 |
| 46 days to 90 days | 4.25 | 5.50 |
| 91 days to 179 days | 5.50 | 6.50 |
| 180 days to less than 1 year | 6.50 | 6.50 |
| 1 year to 2 years | 7.85 | 7.85 |
| 375 days-(FD&ACC) | 8.00 | 8.00 |
| More than 2 years to 5 years | 7.00 | 7.00 |
| More than 5 years to 10 years | 6.30 | 6.30 |