Karnataka Bank launches Current & Savings Accounts campaign

Deepthi | Myequity news | Date : 15-11-2018 19:00:00 IST

Karnataka Bank has today launched CASA campaign of FY 2018-19 & introduced a new SB scheme 'KBL SB - TASC' a specialized product for Trusts/ Associates/Societies/Clubs. Under this nationwide campaign starting from 15th Nov 2018 to 28th Feb 2019, Bank intends to open more than 4.18 lakhs Current & Savings accounts by active involvement of its 8000 + work force in all the 823 branches across India.

Bank offers host of Savings / Current Account Schemes loaded with multiple add-on facilities / services to suit the needs of varied segments. To ensure round the clock banking experience to its valued customers, Bank is extending various user-friendly digital channels such as Internet Banking, Mobile Banking [KBL Mobile], KBL BHIM UPI App, KBL ApnaApp, SinS Banking, Debit / Credit Cards etc. These self service channels will empower customers to do the banking at their own comfort & convenience. Bank also provides Personal Accident Insurance cover of upto Rs 10 1akh under 'KBL Suraksha' to its Savings Bank customers with a nominal annual premium of Rs. 125.00 + GST only.

“As we step into the second half of this financial year, this campaign will aim at on boarding additional 4 1akh plus customers to our existing customer base of Rs.1 crore. Karnataka Bank which is well known as a 'Tech-sawy Bank' is extending its services with human touch to live upto its reputation of ‘Customer Friendly Bank'. Bank has an array of tailor-made products to suit the requirements of different walks of society.


With the advent of technology, banking is made simple & easy. I urge the general public to make use of this campaign to have the best in class banking services and enjoy the convenience & unlimited value added services. I am confident of good response from the public”
said Shri Mahabaleshwara M S, MD & CEO of the Bank.

About Karnataka Bank Limited:

The Karnataka Bank Limited is a scheduled commercial banking institution based in Mangaluru in Karnataka, India. Karnataka Bank Limited has a network of 814 branches, 1374 ATMs and 160 e-lobbies/mini e-lobbies across 22 states and 2 union territories. It has 8,220 employees and over 9.65 million customers throughout the country. Its shares are privately owned by over 1,46,000 shareholders. In August 2008, Karnataka Bank Limited received the Sun and NDTV Green IT Award. Sun Microsystems and NDTV gave the award to in recognition of the bank's "green policies" and use of earth-friendly technology such as solar power. The bank has the Best Bank Award for "Managing IT Risk" under small bank category for the year 2010-11, instituted by Institute for Development and Research in Banking Technology (IDRBT). Karnataka Bank Limited has adopted Core banking, Internet banking and has established its "MoneyPlant" (1374 Automated Teller Machine) system across the country.


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