As of 5 Oct 2026, Karnataka Bank offers up to 6.50% p.a. on its recurring deposit (RD) (1 year to 554 days) for general customers and 6.90% p.a. (1 year to 554 days) for senior citizens. Rates below are as published by the bank — confirm with Karnataka before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 year to 554 days |
6.50% | 6.90% | Any amount | 8 Jun 2026 |
official fetched 20 Sept 2026 ✓ verified 5 Oct 2026 |
|
556 days to 2 years |
6.40% | 6.80% | Any amount | 8 Jun 2026 |
official fetched 20 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 2 years to 3 years |
6.15% | 6.55% | Any amount | 8 Jun 2026 |
official fetched 20 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 3 years to 5 years |
6.15% | 6.55% | Any amount | 8 Jun 2026 |
official fetched 20 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 5 years to 10 years |
5.50% | 5.90% | Any amount | 8 Jun 2026 |
official fetched 20 Sept 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Karnataka Bank offers up to 6.50% p.a. on its recurring deposit (RD) (1 year to 554 days) for general customers and 6.90% p.a. (1 year to 554 days) for senior citizens. Rates below are as published by the bank — confirm with Karnataka before investing.
Yes. Senior citizens (60+) earn up to 0.40% p.a. more than general customers at Karnataka Bank, depending on the tenure.
Deposits with Karnataka Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 8 Jun 2026. Rates can change without notice, so verify on the official Karnataka website before investing.
Deposits with Karnataka Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official Karnataka website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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