New Delhi, Dec. 1 -- The private sector lender Karnataka Bank has revised interest rates on fixed deposits of less than Rs.2 Cr. As per the official website of the bank, the new rates are effective as of 1st December 2022. Following the revision, the bank is offering an interest rate ranging from 5.25% to 5.80% on FDs maturing in 7 days to 10 years. Karnataka Bank is now offering a maximum interest rate of 7.20% on deposits maturing in 555 days (KBL Centenary Deposit).

The bank is currently paying an interest rate of 5.25% on deposits maturing in 7 days to 364 days, and Karnataka Bank is currently offering an interest rate of 7.20% on deposits maturing in 555 days (KBL Centenary Deposit). Deposits maturing in the next year to two years w...