Karnataka Bank IFSC Code Allahabad Civil Lines Branch, MICR code, Address

IFSC Code of Karnataka Bank ALLAHABAD CIVIL LINES, MICR Code of Karnataka Bank ALLAHABAD CIVIL LINES

Get IFSC Code and MICR code of Karnataka Bank, Allahabad civil lines, Uttar Pradesh branch in Allahabad city along with the address

Bank	Karnataka Bank
IFSC Code	KARB0000029 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	211052002
Address	23 M G MARG CIVIL LINES ALLAHABAD
Contact Number	2427501
Branch	ALLAHABAD CIVIL LINES
City	Allahabad
District	Allahabad
State	Uttar Pradesh

Personal Loan
@ 10.99%*

Home Loan
@ 8.35%*

Gold Loan
@ 10.50%*

Business Loan
@ 13.50%*

Loan Against Property
@ 8.50%*

Earn 7%* On
Savings Account

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Karnataka Bank Interest Rates in ALLAHABAD CIVIL LINES, Allahabad

	Interest Rates*
Karnataka Bank MCLR Base Rate	8.35% - 8.85%	Past Trend
Karnataka Bank Loan Against Property	13.20% - 13.20% Floating	Get Details
Karnataka Bank FD Interest Rate	3.50% - 6.90%	Get Details

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Other Karnataka Bank Branches in Allahabad

ALLAHABAD CIVIL LINES

Allahabad Civil Lines 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 - Sep 2017

2017-09-06 : Karnataka Bank introduces varying interest rates for Savings Bank Account
As a part of its asset liability management, Karnataka Bank has introduced four interest variants on the balances maintained in savings bank account by its customers. For balance above Rs. 1 crore, the interest rate is revised to 5 per cent from the existing 4 per cent while whereas for balance between Rs. 50 lakh to Rs. 1 crore, the applicable interest rate is 4 per cent per annum respectively. Similarly, for balance in the range of more than Rs. 1 lakh to Rs. 50 lakh the interest rate is reduced to 3.5 per cent from the existing 4 per cent.
2017-09-06 : Karnataka Bank launches new product Met Loan and Life Suraksha
Private sector lender, Karnataka Bank has announced the launch of a new product, Met Loan and Life Suraksha” (MLLS) for its bank customers. The product will work as a single premium plan covering the loan liability of a customer. Meanwhile, the bank has also introduced KBL MLLS app which is specially designed for the banks employees to instantly calculate the insurance cover and premium based on loan liability of their borrowers. Meanwhile, the bank also plans to boost its loan against property (LAP) segment.
2017-08-18 : Karnataka Bank ventures into social media
Karnataka Bank has ventured into social media by opening its official pages in social networking sites including Facebook, Twitter, Instagram and YouTube. The official social handle of the bank is @karnatakabank for Twitter and Facebook, and @officialkarnatakabank for Instagram.
2017-08-03 : Karnataka Bank introduces varying interest rates for SB accounts
As a part of its asset liability management, Karnataka Bank has introduced four interest variants on the balances maintained in savings bank account by its customers. For daily balances of above Rs. 1 crore, the rate is revised to 5 per cent from existing 4 per cent while for daily balances from Rs. 50 lakh to Rs. 1 crore, the applicable interest rate is 4 per cent. Similarly, for daily balances in the range of more than Rs. 1 lakh to Rs. 50 lakh the interest rate is reduced to 3.5 per cent from the existing 4 per cent.
2017-07-22 : GST bankruptcy code to help Karnataka Bank post better performance
Karnataka Bank expects to improve its performance with a smooth implementation of GST and the Insolvency and Bankruptcy Code. The regulations are expected to drive growth in business.

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