Karnataka Bank NRO FD Interest Rates (as on 15 Oct 2024)
About NRO Fixed Deposit
NRO Fixed Deposit is an excellent option to earn higher interest rate just like those offered to resident Indians. In NRO Fixed Deposit, you need to deposit a lump sum amount for a fixed tenure at a fixed interest rate as offered by the bank. Remember that interest rates differ for different banks.
NRO FD Account Benefits
- Ease of investment
- High returns on funds generated in India
- Loan up to 90% of the balance against NRO fixed deposit to meet any emergency expenses
- Flexibility to select the tenure as per your need from 7 days to 10 years
- NRO Fixed Deposit account can be opened jointly with residents and non-residents
- Avail an overdraft facility of up to 90% of the balance in your account
- Funds in NRO account can be repatriated upto USD one million per financial year, however, interest earned in current financial year is fully repatriable after making TDS
Find Karnataka Bank NRO FD Interest Rates (as on 15 Oct 2024). The interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category you fall under and your choice between different banks.
Karnataka Bank offers NRO Fixed deposit interest rates to NRI customers from 1 year to 5 plus years. Find Karnataka Bank FD interest for NRO customer from below list.
Karnataka Bank provides different services to its customers some of them are Home loan,Personal loan,Car loan,Two Wheeler loan, Gold loan. You can get Karnataka Bank IFSC Code,MICR Code, Swift Code for NEFT, RTGF fund transfer.
Karnataka Bank NRO FD Interest Rates (as on 15 Oct 2024)
| Maturity Period | FD Interest Rate (p.a.) |
|---|---|
| 30 Days | 3.50% |
| 45 Days | 3.50% |
| 60 Days | 5.00% |
| 90 Days | 5.00% |
| 120 Days | 5.30% |
| 6 Months | 5.30% |
| 9 Months | 5.30% |
| 12 Months | 5.50% |
| 2 Years | 5.50% |
| 3 Years | 5.65% |
| 4 Years | 5.65% |
| 5 Years | 5.65% |
| 10 Years | 5.70% |