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Karnataka Bank Fixed Deposit in Chandigarh

Karnataka Bank Fixed Deposit in Chandigarh

Last Updated : April 25, 2017, 4:45 p.m.

About Karnataka Bank Fixed Deposit Chandigarh

It is considered essential to save in order to have a secure and safe future. When it comes to security and investment, one can always choose a fixed deposit as it offers the concerned person assured returns. Karnataka Bank offers a variety of fixed deposit schemes to its customers in Chandigarh at attractive interest rates. The bank has opened two branches in the city. Interested people can approach the nearest branch to open a FD account.

Karnataka Bank Fixed Deposit Chandigarh 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 Chandigarh

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 Chandigarh

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

Check out Fixed Deposit Chandigarh for more details.

Address of Karnataka Bank branches in Chandigarh

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 Name AddressIFSC Code MICR Contact Details
Chandigarh PunjabSCO No 2917 18, Sector 22 C, Chandigarh 160022KARB00001461600520011800 425 1444
Chandigarh Sec 38SCO 311, Sector 38d, Chandigarh 160036, Chandigarh KARB00001761600520041800 425 1444

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