Karnataka Bank revises savings bank interest rates
With effect from 03 August 2017
Karnataka Bank has introduced four interest variants on savings bank accounts with effect from 03 August 2017 -
Daily balances of above Rs 1 crore - 5% p.a.
Daily balances of Rs 50 lakh to Rs 1 crore - 4% p.a.
Daily balances of more than Rs 1 lakh to Rs 50 lakh - 3.5% p.a.
Balance below Rs 1 lakh - 3% p.a.
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