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• Karnataka Bank Limited

Karnataka Bank Limited

Karnataka Bank Limited is one of the largest commercial banks founded in February 18,1924 in Mangaluru. We have 800 plus branches, and have 50 years of experience offering services like email alerts, Industrial finance, Retail Banking, Stocks and Shares, Treasury Operations, Corporate banking, Gold loans, Locker, E filing, Recurring and Fixed Deposits, E-statements, Capital Markets, Net banking, Loans like Education, Personal, Property, Private banking, Account Services, Credit Card and the Wealth Management.

History of Karnataka Bank Limited

The Karnataka Bank Limited is a leading Scheduled Commercial Bank limited that was set up on February 18th 1924 at Mangaluru, a coastal town located in the Dakshina Kannada District in the state of Karnataka. This bank merged with the Chitradurga Bank Limited, Sringeri Sharada Bank Limited and Bank of Karnataka. We have over 90 years of valuable experience in offering professional banking. We started our business activities from Dongerkery in Mangaluru. It is a scheduled commercial banking establishment.

The Mission Statement is 

"Our mission is to be a technology savvy, customer centric progressive bank with a national presence, driven by the highest standards of corporate governance and guided by sound ethical values."

We have an amazing network of 800 plus branches making a Pan Indian Presence and having a solid presence in 22 states and 2 Union Territories. We call the ATM as the Money Plant and we are proud to announce the presence of 880 Money plants. Furthermore there are 550 plus Cash Recyclers and 546 E-lobbies across the nation.

Mr. P Pradeep Kumar is the Non Executive Chairman and Mahabaleshwara MS is the CEO. 

Banking Services offered by Karnataka Bank Limited

The Karnataka Bank Limited is the favourite bank and is good in offering banking services and they are:

• Mutual Funds.
• Locker Facility.
• Life Insurance.
• E-Hundi Service.
• E-Filing Service.
• Savings Account.
• Current Account.
• KBL Mobile Plus.
• Online Shopping.
• KBL mPassbook.
• General Insurance.
• KBL POS Manager.
• KBL Vanita Scheme.
• KBL Taruna Scheme.
• KBL Kishore Scheme
• KBL Agri Gold Scheme.
• Krishak Sarathi Scheme.
• BHIM KBL UPI Application.
• Krishik Pushpankura Scheme.
• KBL MoneyClick Internet Banking.

Loans and credit facilities provided by Karnataka Bank Limited

There are many credit and loan facilities offered by the Karnataka Bank Limited and they are as follows:

• Vehicle Loan.
• Housing Loan.
• Personal Loan.
• KBL PM Svanidhi.
• KBL Business Loan.
• KBL Contractor Mithra.
• Loan against Property.
• Loan against Securities.
• KBL Commodity Pledge.
• KBL Overdraft Security Deposits.
• KBL Mahila Udyog for Women Entrepreneurs.
• KBL Medium and Small and Medium Enterprises.

Awards and Recognition

• BA-Banking Technology Awards 2022’ under the Best Technology Bank of the Year.
• BA-Banking Technology Awards 2022’ under the Best Use of AI/ML & Data Analytics.
• IBA – Banking Technology Awards 2020’ under the Small Bank Category in 3 variants, received on 06-02-2020.
• National Best Employer Brand’ Award at the 16th Edition of Employer Branding Awards of World HRD Congress, Mumbai.
• BA-Banking Technology Awards 2022’ under the Best Private Bank of Implementing Covid Related Government Schemes- Winner.
• Bank’s Staff Training College has been re-accredited with the prestigious ISO 9001:2015 Certification by TVE Certification Services Trichy.
• Bank bags ‘Organization with Innovative HR Practices’ award under Dream Companies instituted by World HRD Congress, received on 16-02-2021.
• Bank bagged “Karnataka Best Employer Brand Awards 2020” instituted by World HRD Congress and endorsed by CHRO Asia, for using marketing communications in attracting, retaining and developing talent.
• Kanhangad Branch has been branded as ‘Third Best Branch in Kerala State’ under Private Sector Bank Category for the year 2020-21 by State Forum of Bankers’ Club (Kerala) in SFBCK Banking Excellence Awards 2021.

Karnataka Bank Limited has 913 IFSC connected branches in India. Bank has branches in following states:

ANDHRA PRADESH
ASSAM
BIHAR
CHANDIGARH
CHHATTISGARH
DELHI
GOA
GUJARAT
HARYANA
JHARKHAND
KARNATAKA
KERALA
MADHYA PRADESH
MAHARASHTRA
ODISHA
PUDUCHERRY
PUNJAB
RAJASTHAN
SIKKIM
TAMIL NADU
TELANGANA
UTTAR PRADESH
UTTARAKHAND
WEST BENGAL