FD Interest Rates 2024

Karnataka Bank Fixed Deposit in Bhubaneswar

Karnataka Bank Fixed Deposit in Bhubaneswar

Last Updated : June 17, 2017, 11:26 a.m.

About Karnataka Bank Fixed Deposit Bhubaneswar

It is very important to save for a secured future. It is like a cherry on the cake when your savings are enhanced. A person living in Bhubaneswar can get good returns on the pool of money he/she has saved by availing a fixed deposit product offered by Karnataka Bank. The bank has satisfied many customers and has received applauds for its world class products. The rates of interest on a fixed deposit are better than the rates offered on a savings account. Karnataka bank has opened two branches in the capital of Odisha and one can go to any of these active branches and ask the people there to open a FD account.

Karnataka Bank Fixed Deposit Bhubaneswar at a glance

The essential details about the product offered by Karnataka Bank have been given below.

Interest Rate3.50% - 6.20%
AmountMinimum - ₹ 1,000
Maximum - No predetermined limit
Tenure15 days - 10 years
7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Eligibility criteria for Karnataka Bank Fixed Deposit Bhubaneswar

The applicants who are eligible to open a fixed deposit account with the bank include-

  • An individual
  • Hindu United Family
  • Associations/Clubs
  • Joint Stock companies
  • Firms
  • Sole Proprietary concerns
  • Guardians for minor children

A fixed deposit account can be opened jointly too. The maximum number of people allowed is four.

Documents required for Karnataka Bank Fixed Deposit Bhubaneswar

The list of important documents for opening a fixed deposit account with the bank has been given below.

  • A colored photograph
  • Proof of Identity- Aadhar card/ PAN card/ Voter ID card/ Passport/ Driving License
  • Proof of Address- Passport/ Ration Card/ Electricity bill/ Water bill/ Rent and Lease agreement/ Telephone bill

Documents required from the trust, association/ clubs-

  • Photographs of the member operating the account.
  • A Copy of the Trust Deed/ Bye- laws of the association.
  • A Copy of registration certificate.
  • A Copy of the resolution of trustee authorizing the member to operate and open the accounts

For more details, check out Fixed Deposit Bhubaneswar.

Address of Karnataka Bank branches in Bhubaneswar

The complete list of Karnataka Bank branches in the city has been given here along with the address, contact details and IFSC & MICR codes.

Branch NameAddressIFSC CodeMICRContact Details
Bhubaneswar OrissaB 63, Savitri Towers, 1st Floor, Rupali Square, Janpath Road, Saheed Nagar, BhubaneswarKARB00001087510520021800 425 1444
Jayadev ViharPlot No. 737/2, 1st Floor, Jayadev Vihar, Bhubaneswar - 751013KARB00009177510520031800 425 1444

Related Post