Karnataka Bank IFSC Code Calicut Branch, MICR code, Address

IFSC Code of Karnataka Bank CALICUT, MICR Code of Karnataka Bank CALICUT

Get IFSC Code and MICR code of Karnataka Bank, Calicut, Kerala branch in Kozhikode city along with the address

Bank	Karnataka Bank
IFSC Code	KARB0000141 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	673052002
Address	ROOM NO4, 1ST FLOOR, JAYANTHI BLDGS, PALAYAM, PB140, KOZHIKODE 673001
Contact Number	2721292
Branch	CALICUT
City	Kozhikode
District	Kozhikode
State	Kerala

Personal Loan
@ 10.99%*

Home Loan
@ 8.35%*

Gold Loan
@ 9.50%*

Business Loan
@ 13.50%*

Loan Against Property
@ 9.25%*

Car Loan
@ 9.25%*

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Karnataka Bank Interest Rates in CALICUT, Kozhikode

	Interest Rates*
Karnataka Bank MCLR Base Rate	8.35% - 8.90%	Past Trend
Karnataka Bank Loan Against Property	13.20% - 13.20% Floating	Get Details
Karnataka Bank FD Interest Rate	3.50% - 7.10%	Get Details

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Other Karnataka Bank Branches in Kozhikode

CALICUT

Calicut Ifsc Code

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Loan Amount	Cashback
Rs. 1 cr and above	Rs. 5,000
Rs. 75 lakh - less than Rs. 1 cr	Rs. 3,000
Rs. 50 lakh - less than Rs. 75 lakh	Rs. 2,000
Rs. 35 lakh - less than Rs. 50 lakh	Rs. 1,000
Rs. 20 lakh - less than Rs. 35 lakh	Rs. 500
Less than Rs. 20 lakh	Rs. 200

Karnataka Bank News - Jun 2017

2017-06-03 : Karnataka Bank cuts home loan interest rates by 40 bps
Karnataka Bank has announced a rate cut of 40 basis points in its home loans. The rates have been reduced to 8.6 per cent for loans upto Rs. 75 lakhs and to 8.9 per cent for loans above Rs. 75 lakhs. The new home loan interest rates are effective from 1st June, 2017.
2017-05-23 : Karnataka Bank signs MoU with LIC of India
Karnataka Bank has entered into a memorandum of understanding (MoU) with Life Insurance Corporation (LIC) of India to sell its life insurance products. With this agreement, the bank will be able to provide wide range of life insurance products to its customers across all its 769 branches.
2016-09-17 : Karnataka Bank launches retail loan portal
Karnataka Bank has launched an online retail loan web portal named KBL-Loan Junction. This will facilitate the customers to check their retail loan eligibility and submit their loan application online. The bank also offers credit proposal tracking system as part of the initiative.
2016-08-06 : Karnataka Bank launched a mobile app for POS merchants
Karnataka Bank launched KBL POS Manager mobile app to its POS merchants to enable ease and convenience to the merchants KBL POS Manager is an Android based mobile application launched to manage the activities around the POS installation like monitoring daily reports, to know latest settlement report value, to request statements from the app etc. With this initiative, merchants can manage their store sales through smart phone. Bank has taken this initiative to improve client satisfaction and support merchants to do more transactions.
2016-07-28 : Karnataka Bank Q1FY17 Net Profit increases by 11%
As per the results for Q1FY17, Karnataka Bank Ltd. has reported a 11.2 percent increase in Net Profit to Rs 121.5 crore, from Rs 109.3 crore in the same quarter last year. Net Interest Income(NII) increased by 10.1 percent to Rs 364.7 crore and other income increased by 46 percent to Rs 174.4 crore in the June quarter . The asset quality showed signs of weakening as Gross NPAs as a percentage of total advances, increased to 3.92 percent from 3.44 percent and Net NPA also increased to 2.61 percent from 2.35 percent in March quarter. The provision against bad debt also increased by 21.2 to Rs 136.3 crore from Rs 112.5 when compared on qoq basis.

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