Karnataka Bank has announced changes in the interest rates of its fixed deposits. According to the official website of the bank, the bank has changed the interest rates of callable and non-callable deposits.
When are Karnataka Bank’s new interest rates coming into effect?
Let us tell you that the new interest rates of Karnataka Bank are coming into effect from December 2, 2024. The bank is offering interest rates ranging from 3.5% to 7.50% to its customers on tenures ranging from 7 days to 10 years. General customers are being given a maximum interest rate of 7.50% on a tenure of 375 days and senior citizens are being given a maximum interest rate of 8%.
Talking about the latest interest rates, customers are given 3.50% interest rate on tenure of 7 days to 45 days, 4% interest rate on tenure of 46 days to 90 days, 5.25% interest rate on tenure of 91 to 179 days. Used to be. 6.50% interest rate is available on tenure of 2 years to 5 years and 5.80% interest rate is available on tenure of 5 years to 10 years. Whereas senior citizens are getting 0.25% additional interest rate.
