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Karnataka Bank launches term deposit scheme “KBL Amrit Samriddhi”

Highlights:

  • Karnataka Bank has introduced a new Term Deposit Scheme, KBL Amrit Samriddhi under Abhyudaya Cash Certificate (ACC) and Fixed Deposit for a tenure of 75 weeks (525 days).
  • Recently, it celebrated the 75 years of Independence as Azadi Ka Amrit Mahotsav.
  • The interest rate for this Deposit Scheme is 6.10% per annum. Karnataka Bank, portraying the rich patriotic tradition and values, has always been ready to meet the aspirations and dreams of its valued patrons.
  • With the new product, KBL Amrit Samriddhi, Bank extends the benefit of the increase in the interest rates to our customers.
  • It is noted that Karnataka Bank Founded on 18 February 1924.