Karnataka Bank, a private sector bank, offers FDs with competitive rates. For deposits below ₹2 crore, general rates ranged from 3.50 % to 7.25 %, with a special 375‑day deposit paying 7.25 %. Senior citizens received higher rates, e.g., 7.65 % for the 375‑day deposit.
Karnataka Bank FD Rates (Deposits <₹2 Crore)
| Tenure | General rate | Senior citizen rate |
|---|---|---|
| 7 days – 45 days | 3.50 % | 4.00 % |
| 180 days – <1 year | 6.75 % | 7.25 % |
| 375 days (special) | 7.25 % | 7.65 % |
| 1 year – 2 years | 7.10 % | 7.60 % |
| 2 years – 5 years | 6.50 % | 6.90 % |
Karnataka Bank requires a minimum deposit of ₹100 and allows loans against FDs. Review penalties for early closure before investing.
