2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Karnataka Bank
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Karur Vyasya Bank
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IndusInd Bank
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HDFC Bank
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Detailed explanation-1: -Karnataka Bank is now offering a maximum interest rate of 7.20% on deposits maturing in 555 days (KBL Centenary Deposit).
Detailed explanation-2: -This deposit will be for a period of 555 days with interest rate of 7.20 per cent. The rate of interest will be 7.60 per cent for senior citizens. He said it is a golden opportunity to the customers to save and invest to realize better returns.
Detailed explanation-3: -Our History Over the years the Bank grew with the merger of Sringeri Sharada Bank Ltd., Chitradurga Bank Ltd. and Bank of Karnataka.
Detailed explanation-4: -1st January, 2023. *0.40% extra over the general rate upto & inclusive of 5 crore only under Domestic FD and ACC Schemes (Not for deposit under NRE/NRO/FCNR(B) accounts) for resident Senior Citizens only for tenure 1 to 5 years and 0.50% extra over the general rate for tenure 5 to 10 years w.e.f. 09.11.2020.