Types of bank deposits

Make life an exciting adventure with Karnataka Bank’s deposits. Making the right money moves is key to a great start and we're all about giving you a helping hand to build up your savings. Our deposit choices are super easy and are made to help your money grow. Explore our tailored options designed just for you. Read more

Fixed deposit

For steady income seekers, lock in your savings and earn periodic interest payouts

Recurring deposit

Commit to a fixed monthly saving to turn your future plans into reality

Tax planner deposit

Choose a plan that boosts your returns while offering tax-saving benefits

Soulabhya deposit

Enjoy the freedom to withdraw your funds as needed without compromising on growth

Abhyudaya cash certificate

Invest and watch your savings compound quarterly, accelerating your earnings

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Grow your money and secure your future with our deposit choices.

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Advantages of deposits

General bank deposits in offer a safe and accessible way to store your funds. They provide the flexibility to withdraw or transfer money as needed, supporting day-to-day financial transactions. Many deposit accounts also offer interest, although at a lower rate than specialized accounts.

Interest on general deposit accounts is calculated on the daily balance and paid periodically, often monthly or quarterly. The rate is typically lower than that of fixed deposits or recurring deposits, reflecting the higher liquidity and accessibility of these funds.

Do keep track of your deposits to manage your finances effectively. Make use of online banking facilities for easy access and management of your accounts. Don't forget to monitor your account regularly to avoid any maintenance fees or charges for not maintaining a minimum balance.