Karnataka Bank launches ‘KBL Centenary Deposit Scheme’

Karnataka Bank launches ‘KBL Centenary Deposit Scheme’– Karnataka Bank has launched a term deposit scheme named ‘KBL Centenary Deposit Scheme’ — with effect from October 17th, 2022. KBL Centenary Deposit Scheme will contain a higher rate of interest in order to mark the glorious journey towards the centenary and to reward its patrons.

  • This deposit will be for a period of 555 days with an interest rate of 7.20 per cent.
  • The rate of interest will be 7.60 per cent for senior citizens.

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