Flexi Fixed Deposit Karnataka Bank

Explore Guaranteed Return Plans

Guaranteed return plans provide assured returns and the security of a life cover. These plans are an excellent option for risk-averse investors, as they are not affected by market fluctuations.

What is a Karnataka Bank Flexi Fixed Deposit?

Karnataka Bank Flexi Fixed Deposit is a secured savings investment that links your savings account with a fixed deposit. This facility allows surplus funds to be automatically moved from your savings account into a fixed deposit when your balance exceeds a set threshold of ₹5,000. If you need funds, only the required amount is withdrawn from the deposit, while the remaining balance continues to earn interest Flexi Fixed Deposit Interest Rates.

Karnataka Bank Flexi Deposit Interest Rates

The Flexi Deposit interest rates are similar to the Karnataka Bank FD rates for the selected tenure and deposit amount. These are:

For Less than ₹3 Crores:

*Karnataka Bank FD interest rates w.e.f. June 16, 2025

Key Features of Karnataka Bank Flexi Deposit

The Flexi Deposit Karnataka Bank comes with several useful features that make it suitable for both salaried and self-employed individuals. Some of these include:

• Flexible Interest Options: Choose between 30 to 46 days of interest with short-term renewal or quarterly compounding under a long-term plan.
• High Liquidity: Withdrawals can be made in multiples of ₹1,000 without closing the entire FD. The remaining balance continues earning interest.
• Competitive FD Interest: Surplus funds earn interest at rates equivalent to standard fixed deposits, ensuring better returns without compromising liquidity.
• Flexible Tenures: Choose between modular short-term blocks or a fixed term of 30–46 days based on your preference.

How to Open a Karnataka Bank Flexi Fixed Deposit?

You can open a Flexi Deposit with Karnataka Bank through both online and offline modes. If you're an existing customer, you can directly proceed with the Flexi Deposit booking. New customers will first need to open a savings account with the bank and then link their Flexi Deposit to it.

1. Online FD Opening

   If you are an existing Karnataka Bank customer with internet or mobile banking, you can book an FD online.

   • Access Digital Banking: Log in to your account and navigate to the "Digital Banking" section.
   • Go to ‘Fixed Deposit’: Choose “Internet Banking,” followed by “Online Fixed Deposit (FD/ACC/RD)".
   • Select FD Amount: Select "Apply Now" to start, and complete your personal and deposit information. You can start with just ₹100.
   • Select FD Type: You can choose a deposit type like the Soulabhya Flexi Deposit Scheme.
   • Maturity Instructions: The scheme offers two options for tenure and interest payouts.
   • Review & Confirm: Input the one-time password (OTP) sent to your registered mobile number and select "Confirm".
   • FD Receipt: A bank representative will contact you to finalize the procedure.

2. Offline FD Opening

   If you prefer the offline method, you can visit your nearest Karnataka Bank branch to book an FD.

   • Visit Karnataka Bank Branch: Visit the nearest Karnataka Bank branch.
   • Karnataka Bank FD Form: Collect and fill out the FD application form with your details.
   • Submit Documents: Attach the required documents, such as your PAN card, Aadhaar card, and a passport-size photograph.
   • Fund Transfer/Deposit: Submit the form and deposit the amount (minimum ₹100).
   • Tenure & Interest Options: You can choose from tenures ranging from 7 days up to 10 years.
   • Get the FD Receipt: Collect your FD receipt from the branch.

Difference Between Flexi Fixed Deposits and Regular Fixed Deposits

Understanding the difference between these two options can help you make better financial decisions:

Key Takeaways

 Karnataka Bank Flexi Fixed Deposit combines stable returns with liquidity. These are a smart way to grow your money, offering higher returns compared to regular fixed deposits. Under the Soulabhya Scheme, any surplus amount above ₹5,000 in the savings account is automatically swept into a fixed deposit. This allows customers to earn FD interest rates while keeping their funds accessible. The remaining balance in the fixed deposit continues to earn interest at the applicable Flexi Deposit rate, ensuring consistent returns.