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Karnataka Bank introduced Savings Bank product named "KBL SB Salary" for salaried class

Last Updated: May 23, 2019

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Karnataka Bank introduced Savings Bank product named "KBL SB Salary" for salaried class

Karnataka Bank introduced Savings Bank product named "KBL SB Salary" for salaried class

23 May 2019 Current Affairs: Karnataka Bank launched a customized product for the salaried class.
The new savings bank product, KBL SB Salary has been designed with three variants namely SB Salary Executive, SB Salary Prime, and SB Salary Classic to cater the financial needs of the 'employer-employee ecosystem'.
All three variants do not have the minimum balance criteria instead they have Digitally Powered features.
Its major features include- No annual charge on Debit Cards, Unlimited free access to Karnataka Bank ATMs, Free Cash Deposit facility across all branches, Free Fund Transfer within the Bank, Free NEFT & RTGS through Internet and Mobile Banking, Free Outstation Cheque Collection, No Annual Fee on Demat & Trading Accounts.

About Karnataka Bank:
Headquarters - Mangaluru
CEO - Mahabaleshwara M S
Tagline - Your Family Bank, Across India
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