Karnataka Bank Limited, a leading 'A' Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangaluru, a coastal town of Dakshina Kannada district in Karnataka State. The bank took shape in the aftermath of patriotic zeal that engulfed the nation during the freedom movement of 20th Century India. Over the years the Bank grew with the merger of Sringeri Sharada Bank Ltd., Chitradurga Bank Ltd. and Bank of Karnataka.
With over 9 decades of experience at the forefront of providing professional banking services and quality customer service, we now have a national presence with a network of 901 branches spread across 22 states and 2 Union Territories. Managed by a dedicated & professional management team, we have over 8,220 employees, 1,46,000 shareholders and over 10.21 million customers.
Today, we have emerged as a leading financial service institution in India.
Applicable Rate of interest ranges from 11.08% to 14.23?pending upon the eligibility of the Borrower.
Some of the Schemes are:
KBL MICRO MITRA: To provide financial assistance to micro entrepreneurs as per MSME Definition.
1. Working Capital requirements, both fund based and non fund based limits.
2. Establishment and/or improvement of the unit, repairs & renovations, acquiring machineries/vehicles/ equipments/ any fixed assets for the unit, and 3. Purchase/acquiring of property (shop/factory/godown /office) for self use.
KBL - Aarogya: To provide financial support/assistance for Healthcare Sector’s