Karnataka Bank offers recurring deposits with attractive rates. The 1‑year RD rate was around 7.25 %, while 5‑year RDs paid approximately 6.50 %. Senior citizens receive an extra 0.50 %. The bank allows monthly instalments starting at ₹100. Always verify the current RD rate and penalties for delayed or premature withdrawals before opening an RD.
Karnataka Bank RD Rate Snapshot
| Tenure | Approximate RD rate |
|---|---|
| 1 year | 7.25 % |
| 3 years | 6.75 % |
| 5 years | 6.50 % |
Contact Karnataka Bank for updated rates and terms.
