Karnataka Bank Limited, a leading 'A' Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangalore, 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 88 years experience at the forefront of providing professional banking services and quality customer service, we now have a national presence with a network of 601 branches spread across 20 states and 2 Union Territories.
It has grown itself with merger of Sringeri Sharada Bank., Chitradurga Bank and Bank of Karnataka.
Karnataka Bank entered into Memorandum of Understanding with Investment Information Credit Rating Agency ICRA (ICRA). ICRA will assign rating to bank’s loan and its other exposure under the standardized approach of RBI's New Capital Adequacy Framework for Basel-II.
Personal Banking- Under this Karnataka Bank offers wide range of products and services such as saving accounts, deposit scheme, home loans, education loans, debit card, mobile banking, internet banking and many more.
Corporate Banking- It offers spectrum of services to its corporates client such as working capital finance, term loans, Infrastructure finance and other services.
For its insurance services it has a tie up with Metlife India Insurance Company and Bajaj Allianz General Insurance Company.
It also provides RTGS and Money Transfer Facility to its NRI clients through Western Union Money Transfer.