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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.
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