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Karnataka Bank
Karnataka Bank is a bank in India. It is a scheduled commercial bank. Total revenues of Karnataka Bank in India was INR 1256 million in the Financial Year ending 31st March, 2008. The bank has 433 branches distributed over 19 Indian states. Karnataka Bank of India serves approximately 2.6 million customers.
History
Karnataka Bank was established on 18th February, 1924 in Mangalore, Karnataka. The financial institution was founded as part of the flow of the Indian independence movement. The bank grew in stature with the merger of 3 banks: Chitradurga Bank, Bank of Karnataka and Sringeri Sharada Bank Ltd with itself.
Banking Services
Karnataka Bank offers its valued clients a bouquet of banking services that include Personal Banking, Business Banking and Insurance Services. Personal Banking services are customized to suit every economic segment of the population. The plain vanilla bank account S.B. Sugama is a basic bank account without any financial 'extras'. On the other end of the spectrum is the S.B Soulabhya bank account for premium clients.
Business Banking Solutions
Karnataka Bank has a number of business solutions packaged specially for business banking clients. Essential commercial loans like Infrastructure Finance, Working Capital Finance, and Term Loans are granted. Loans are granted from any bank branch of Karnataka Bank.
Bancassurance
Karnataka Bank has also tied up with Metlife India Insurance Company Private Limited for life insurance services in India. General Insurance solutions are also offered by Karnataka Bank through Bajaj Allianz General Insurance Company Limited. Western Union Money Transfer facility is also available.
If you wish to know more about Karnataka Bank, please click on the following links:
Karnataka Bank Loans
Karnataka Bank Jobs
Karnataka Bank Online Banking
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