FD Interest Rates 2024

Karnataka Bank Fixed Deposit in Mumbai

Karnataka Bank Fixed Deposit in Mumbai

Last Updated : June 17, 2017, 11:34 a.m.

About Karnataka Bank Fixed Deposit Mumbai

Mumbai is the ultimate destination and one of the most sought after cities in India. The capital of Maharashtra has a special place in the country. People do whatever they can to settle in the city. Living in a city like Mumbai is a costly affair. It is always advised to save money for your future because financial problems can arise anytime. In case, the savings are enhanced, then it is like a feather in the cap. Fixed deposits are tailor made to enhance your savings. Karnataka bank offers the Mumbaikars a fixed deposit scheme that can maximize their savings. The bank has ensured that it has a large presence in the city and thus has opened more than 20 branches here. The fixed deposit offered by the bank have lucrative rates of interest which ensure maximum benefits to the customer.

Karnataka Bank Fixed Deposit Mumbai at a glance

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

ParticularDetails
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 Mumbai

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 Mumbai

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 Mumbai for more details.

Address of Karnataka Bank branches in Mumbai

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
Fort Mumbai294 A, Haroon House, Perin Nariman Street, Behind R B I, Fort, Mumbai 400001KARB00000794000520021800 425 1444
Borivli West MumbaiLIC Shopping Complex, Jeevan Bima Nagar, Borivili W , Po Mandapeshwar, Mumbai 400103KARB00000814000520031800 425 1444
Sion East Mumbai239 A, Tamil Sangam Road, Sion East , Mumbai 400022KARB00000854000520071800 425 1444
Bandra West MumbaiPLOT NO333 By 334, Prem Sagar Chs Ltd, Dr Ambedkar Rd, Bandra W , MUMBAI 400050KARB00000864000520061800 425 1444
Andheri West Mumbai1ST Floor, Manish Nagar Shopping Centre, Azad Nagar Po, Mumbai 400053KARB00000914000520041800 425 1444
Kandivali West MumbaiB By 13, Matru Ashish, Next To Balbharati, Sv Road, Kandivali 400067KARB00000934000520051800 425 1444
Overseas Mumbai104106 , 1st Floor, Embassy Centre, Jamnalal Bajaj Marg, Nariman Point, Mumbai 400021KARB00001014000520091800 425 1444
Bhayander East MumbaiShop No12, Ostwal Ornate, Jesal Park Road, Bhayander E 401105, Thane DistKARB00001064000520101800 425 1444
Dombivli Mumbai1st Floor, Shree Complex, Opp Mahavir Nagar, Manpada Road, Dombivli East 421201KARB00001934000520121800 425 1444
Kalyan MumbaiNH 83, Suchak Chambers, Near Mahaveer Complex, Pb250, Kalyan West 421301 Thane DistKARB00004274000520081800 425 1444
Mumbai - Vazira Naka, Borivli (W)Ground Floor, Donbosco High School Building, Vazira Naka, Borivali (W), Mumbai - 400091KARB00005094000520211800 425 1444
Kandivali East MumbaiGayatri Corner, 90 Feet Road, Asha Nagar, Opp Thakur Polytechnic, Kandivli East , Mumbai 4KARB00005104000520131800 425 1444
PowaiGround Floor, Gateway Plaza, Central Avenue, Hiranandani Gardens, Mumbai Powai 400076KARB00005124000520141800 425 1444
Oshiwara Mumbai20 21, Oshiwara Link Plaza, Mhada Complex, Oshiwara, Jogeshwari W 400102, Dist OshiwaraKARB00005144000520151800 425 1444
Kopar Khairane Navi MumbaiLions Service Centre, Plot No 101, Sector 7, Koparkhairane, Navi Mumbai 400709KARB00005154000520161800 425 1444
Thakur Village MumbaiShop No34 39, Evershine Complex, Thakur Village, Kandivli E , Mumbai 400101KARB00005164000520171800 425 1444
Santacruz MumbaiRose Manor Garden School Central Avenue Santacruz Mumbai 400054KARB00005184000520191800 425 1444
Mulund WestGround Flr, Mundada Hostel , Building, Near BMC T Ward Office, Devidayal Road, Mulund WestKARB00005204000520201800 425 1444
Service Branch MumbaiP.B.NO. 1128, 5th Floor, Vardhaman Chambers, 17 - G, Cawasji Patel Street, Fort, Mumbai - 400001KARB00001024000520011800 425 1444

Related Post

Know Your CIBIL Score, Enjoy Better Loan Approvals!
Check Your Free CIBIL Score Now!