Karnataka Bank

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About Karnataka Bank

The head office of Karnataka Bank Limited is located in the town of Mangalore in Karnataka, India. This is a premier private sector bank with a tailor-made range of products and services to cater to diverse types of markets, trades and personal and corporate needs of the customers. To ensure an easy and smooth banking experience for customers, it offers excellent deposits and borrowing facilities. It extends useful help in the area of overseas transactions as well as provides maximum returns on surplus funds.

In order to build a lasting relationship with the clients, Karnataka Bank has also incorporated latest information technology in its system to offer them products and services on time.

Background of Karnataka Bank

Karnataka Bank Limited was assigned the status of a Scheduled Commercial Bank in 1924. Having matured for more than 85 years in the banking industry of India, the bank has won the confidence of its customers, which in turn has helped it develop a network of 458 branches in 20 states and 2 Union Territories of India.

Today, the bank has an employee strength of more than 4,900. It has 3.7 million customers across India and 71,822 shareholders.

Products and Services of Karnataka Bank

The well devised range of products and services of the Karnataka Bank include:

Personal Banking
  • Savings Bank Accounts
  • Current Accounts
  • Moneyplant ATMs
  • Deposit Products
  • Loans
    • Vidyanidhi Education loan scheme
    • Car finance scheme
    • Apna Ghar home loans
    • Varthak loans
    • Scheme for salaried persons
    • Easy ride
    • Udyog mithra
    • Krishi card
    • K-Power
    • Niveshan loans
  • VISA Debit Card
Business Banking
  • Working Capital Finance
  • Term Loans
  • Infrastructure Finance
  • Fund based and non-fund based Business Finance Products
Insurance Services
  • Life insurance products of MetLife India Insurance Co. Pvt. Ltd.
  • General Insurance products of Universal Sompo General Insurance Co. Ltd.
Internet Banking
  • Retail Customers - balance enquiry, recording stop-payment instructions, balance transfer instructions, requests for Cheque books, account opening, payment of BSNL Mobile, Water bills, Electricity.

  • Corporate Clients -
    Import/ Export Credit facilities, Inland Trade, Requests for Forward Contracts, corporate account, Bank Guarantee

  • Cyberkids (special facility for 12-18 years old kids)
Money Transfer
  • Real Time Gross Settlement (RTGS)
  • Western Union Money Transfer (WUMT)
  • NEFT-Customers Facilitation Centres
NRI Banking
  • Forex Facilities for Residents (Individuals) and Non Resident Indians (NRIs)

Corporate and Regional Offices of Karnataka Bank

Karnataka Bank Limited,

Mahaveera Circle, Kankanady,
Mangalore-575 002
Karnataka State
Ph: 0824-2228222
Fax: 0824-2228284

105, Mohan Mansion, P.B.No. 5171,
II Floor, Kasturba Road,
Bangalore-560 001
Karnataka State

324, Thambu Chetty Street,
P.B.No. 1878, Ist Floor, G.P.O,
Chennai-600 001
Tamilnadu State

M-13(A), Punj House,
1st Floor, Connaught Circus,
New Delhi-110 001

P.B.No. 499, CTS. 122/108,
2nd Floor, Neeligin Road,
New Cotton Market, Hubli-580 029
Karnataka State

P.B.No. 746, Kodialbail,
Mangalore-575 003
Karnataka State

2nd Floor, 'E' Block,
'The Metropolitan',
Bandra-Kurla Complex,
Bandra(E), Mumbai-400 051
Maharashtra State

New Kantharaje Urs Road,
Kuvempunagar, P.B.No. 15
Mysore-570 023
Karnataka State

Karnataka Bank Building, P.B.No. 132,
Savalanga Road, Shimoga-577 201
Karnataka State

Karnataka Bank Informational Data

Name of Bank Karnataka Bank
No. of Offices 452
No. of Employees 4947
Business per Employee (in ` Lakh) 649.00
Profit per Employee (in ` Lakh) 5.00
Interest Income (in ` Crore) 1917
Other Income (in ` Crore) 353
Interest Expended (in ` Crore) 1444
Operating Expenses (in ` Crore) 347
Return on Assets 1.25
CRAR 24.08
Net NPA Ratio 0.98