Karnataka Bank to offer 5% for saving deposits over Rs 1 crore

[Bapun]

Karnataka Bank has said that the bank will offer 4% on deposits in savings account between Rs 50 lakhs and Rs 1 crore. For deposits between Rs 1 lakh and Rs 50 lakhs, the bank will offer 3.5%. The reduction in rate will be with immediate effect.

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Karnataka Bank to offer 5% for saving deposits over Rs 1 crore, 3% for deposits below Rs 1 lakh

 

[Mr.Bhat]

1stly sorry for bumping old thread but didn't find suitable thread for my info.instead of creating new thread i have decided to post here...

I have received this message from bank..

To express the joy of Karnataka Bank's journey towards 100th year, a special deposit "KBL Centenary Deposit Scheme" for 555 days is now introduced with attractive ROI up to 7.60 %p.a. Please visit our website for more information. T&C Apply.