Karnataka Bank NRE Scheme

The Karnataka Bank NRE tenure ranges from min 1 Year to max 10 Year . The ROI ranges from 6.15% to 7.90 % for the general public. The lock-in period for this scheme is

Karnataka Bank NRE Scheme for amount ranging from ₹ 2.0 Cr to ₹ 5.0 Cr

The rate of interest for deposited amount ranging from ₹ 2.0 Cr to ₹ 5.0 Cr is as below

Tenure	Interest Rate for General Public (p.a.)	Interest Rates for Senior Citizens (p.a.)
1 Year Upto 2 Year	7.40% p.a.	6.20% p.a.
2 Year Upto 5 Year 1 Days	6.15% p.a.	6.20% p.a.
5 Year 1 Days Upto 10 Year	6.30% p.a.	6.20% p.a.
Upto 1 Year 6 Months 10 Days	7.90% p.a.	6.20% p.a.

Karnataka Bank NRE Scheme for amount ranging from ₹ 2.0 Cr to ₹ 10.0 Cr

The rate of interest for deposited amount ranging from ₹ 2.0 Cr to ₹ 10.0 Cr is as below

Tenure	Interest Rate for General Public (p.a.)	Interest Rates for Senior Citizens (p.a.)
1 Year Upto 2 Year	7.40% p.a.	6.20% p.a.
2 Year Upto 5 Year 1 Days	6.15% p.a.	6.20% p.a.
5 Year 1 Days Upto 10 Year	6.30% p.a.	6.20% p.a.
Upto 1 Year 6 Months 10 Days	7.90% p.a.	6.20% p.a.

Key features of Karnataka Bank NRE Scheme

Summary of Karnataka Bank NRE Scheme features :

Mutual Fund Schemes	NRE
CRISIL Rating	--
Lock-in Days	--
Loan Against FD	NA
Pre-mature Withdrawal	--
FD Nominee	--
Tenure	1 Year to 10 Year
General Public	6.15% to 7.90 %
Senior Citizen	6.20% to 6.20 %
Amount	Rs.20,000,000 to Rs.1,000,00000

*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.