Private bank · typically 60 years and above
Karnataka Bank Senior Citizen rates
The highest senior citizen rate Karnataka Bank publishes today is 7.65% for 555 Days. All 15 published terms are below, exactly as the bank states them.
Effective from 8 Jun 2026 — the date Karnataka Bank published these rates, not the date we read them.
Published terms
15
distinct rows on the bank’s own rate card
Rate range
3.75% – 7.65%
lowest to highest across all terms
Senior citizen premium
+25 to +40 bps
extra rate over the general card, by term
Bank type
Private
as classified by the RBI
Fixed deposit · 10 terms
Source: Karnataka Bank interest-rate page| Tenure | Senior Citizen rate | General | Premium | Amount | Effective |
|---|---|---|---|---|---|
| 7 to 45 Days | 3.75% | 3.50% | +25 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| 46 to 90 Days | 4.25% | 4.00% | +25 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| 91 to 179 Days | 5.00% | 4.75% | +25 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| 180 Days to < 1 Year | 6.00% | 5.75% | +25 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| 1 Year to 554 Days | 6.90% | 6.50% | +40 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| 555 Days | 7.40% | 7.00% | +40 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| 556 Days to 2 Years | 6.80% | 6.40% | +40 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| > 2 to 3 Years | 6.55% | 6.15% | +40 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| > 3 to 5 Years | 6.55% | 6.15% | +40 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
| > 5 to 10 Years | 5.90% | 5.50% | +40 bps | ₹100 – ₹3.00 Cr | 8 Jun 2026 |
Other fixed deposits at Karnataka Bank
Same bank, different rules on breaking the deposit and on tax. Each carries its own rate card, its own effective date, and a link to the page it came from.
Non-callable fixed deposit
Source: Karnataka Bank interest-rate page — the bank's general rate page, not a dedicated oneCannot be withdrawn before maturity. Banks usually pay more for that, and the minimum is usually higher.
| Tenure | Senior Citizen rate | General | Premium | Amount | Effective |
|---|---|---|---|---|---|
| 1 Year to 554 Days | 7.15% | 6.75% | +40 bps | ₹2 Cr – ₹3.00 Cr | 8 Jun 2026 |
| 555 Days | 7.65% | 7.25% | +40 bps | ₹2 Cr – ₹3.00 Cr | 8 Jun 2026 |
| 556 Days to 2 Years | 7.05% | 6.65% | +40 bps | ₹2 Cr – ₹3.00 Cr | 8 Jun 2026 |
| > 2 to 3 Years | 6.80% | 6.40% | +40 bps | ₹2 Cr – ₹3.00 Cr | 8 Jun 2026 |
Tax-saver fixed deposit
Source: Karnataka Bank interest-rate page — the bank's general rate page, not a dedicated oneQualifies for the Section 80C deduction and carries a 5-year lock-in. It cannot be broken early.
| Tenure | Senior Citizen rate | General | Premium | Amount | Effective |
|---|---|---|---|---|---|
| 5 YearsKBL Tax Planner | 6.90% | 6.50% | +40 bps | ₹100 – ₹1.50 L | 8 Jun 2026 |
Opening a fixed deposit with Karnataka Bank
Karnataka Bank publishes 15 separate terms for senior citizens, starting from ₹100. The highest is 7.65% at 555 Days.
Read the term column before you commit. Banks price odd terms deliberately — this one lists 7 to 45 Days, and asking for a round number instead can put you in a lower bucket. The rate you get is the one printed against the term you actually book.
You can usually open a deposit inside KBL Mobile Plus, at a branch, or through net banking. Eligibility, documents and premature-withdrawal penalties are set by Karnataka Bank and change without notice, so read their deposit terms & conditions. We publish rates, not advice.