Karnataka Bank FD Interest Rates 2023
Minor Deposit Schemes w.e.f. 20 July 2023
| Maturity Tenure |
Interest Rates (% p.a.) |
| 375 days – KBL Centenary Deposit |
7.30 |
| 7 days to 10 years |
As applicable for Domestic Fixed Deposit Schemes |
| Above 10 years |
5.50 |
Senior Citizens FD Rates w.e.f. 20 July 2023
| Maturity Tenure |
Interest Rates (% p.a.) for deposits less than Rs. 2 crore |
Interest Rates (% p.a.) for deposits Rs 2 crore to Rs. 5 crore |
| 375 days – KBL Centenary Deposit |
7.70 |
7.70 |
| 1 year to 2 years |
7.40 |
7.40 |
| Above 2 years to 5 years |
6.90 |
6.90 |
| Above 5 years to 10 years |
6.30 |
6.30 |
Interest Rates of Tax Saving Fixed Deposits
| Name of the Scheme |
Interest Rates (% p.a.) |
| For General Public |
For Senior Citizen |
| Karnataka Bank or KBL Tax Planner (5 years) |
6.50 |
6.90 |
Interest Rates of NRE Rupee Term Deposits w.e.f. 10 July 2023
| Maturity Tenure |
Interest Rates (% p.a.) for deposits below Rs 2 crore |
Interest Rates (% p.a.) for deposits Rs 2 crore to Rs 10 crore |
| 375 days – KBL Centenary Deposit |
7.30 |
7.30 |
| 1 year to 2 years |
7.00 |
7.00 |
| Above 2 years to 5 years |
6.50 |
6.50 |
| Above 5 years to 10 years |
5.80 |
5.80 |
Note: No differential interest rates are offered to senior citizens
Fixed Deposit Interest Rates on Foreign Currency Non-Resident (FCNR) and Resident Foreign Currency (RFC) Deposits w.e.f. 1 August 2023
| Tenure |
Interest Rates (% p.a.) |
| USD |
GBP |
EUR |
CAD |
AUD |
JPY |
CHF |
SEK |
HKD |
SGD |
| 1 year only |
5.50 |
5.35 |
3.00 |
4.30 |
3.50 |
0.15 |
0.05 |
0.15 |
0.33 |
0.42 |
| Above 1 year to less than 2 years |
5.50 |
5.35 |
3.00 |
4.30 |
3.50 |
0.15 |
0.05 |
0.15 |
0.33 |
0.42 |
| 2 years to less than 3 years |
4.65 |
3.25 |
1.50 |
4.10 |
3.50 |
0.16 |
NA |
NA |
0.72 |
0.84 |
| 3 years to less than 4 years |
4.20 |
2.84 |
1.50 |
3.30 |
3.25 |
0.12 |
NA |
NA |
0.74 |
0.78 |
| 4 years to less than 5 years |
4.00 |
2.82 |
1.50 |
3.27 |
3.25 |
0.09 |
NA |
NA |
0.65 |
0.78 |
| 5 years only |
3.90 |
2.72 |
1.50 |
3.22 |
3.50 |
0.09 |
NA |
NA |
0.57 |
0.78 |
#Karnataka Bank FD Interest Rates #Karnataka Bank FDR Interest Rates #Karnataka Bank Fixed Deposit Rates #FD Interest Rates of Karnataka Bank #Latest Karnataka Bank FD Interest Rates
