Karnataka Bank has launched a new Term Deposit Scheme, KBL Amrit Samriddhi under ACC and Fixed Deposit for a tenure of 75 weeks (525 days), will be available for a limited time.
The interest rate for this Deposit Scheme is 6.10% per annum. With the new product, KBL Amrit Samriddhi, the bank has extended the benefit of increase in the interest rates to customers.
Karnataka Bank MD & CEO: Mahabaleshwara M S;
Headquarters: Mangaluru