Karnataka Bank Online Account Opening

nikhilchauhan

Administrator
Staff member
Karnataka Bank is an Indian bank with its operation in 22 states and 2 UTs. You get offers on McDonalds, Indigo, saffron stays, subway, amazon and more. Karnataka Bank has a range of accounts offered:
  • SB General:
    • Minimum balance of Rs.200.
    • Interest rate of up to 4.5% p.a.
    • Instant payments.
  • KBL SB Salary:
    • Interest rate of up to 4.5% p.a.
    • Executive, Prime and Classic tiers.
    • Exclusive insurance benefits.
    • Special schemes for women account holders.
    • Unlimited free transactions.
  • KBL Vanitha Women’s Savings Account:
    • Interest rates of up to 4.5% p.a.
    • All women above 18 years of age can join with female only joint access.
    • No joining fees.
    • First year fees free with 24x7 benefits.
    • Free ‘All Risk’ jewelry insurance for up to Rs.50,000.
  • KBL Tarun Student:
    • Zero balance account.
    • Free debit card, DD and fund transfer from parents account.
    • Simple setup for students between 18-25 years of age.
    • FD Schemes.
    • Recurring Deposit Scheme.
    • Life Insurance Plans.
  • KBL Kishore Young Savings:
    • For students between the age group 10-18.
    • Free parental transfer.
    • Open using school/college ID.
    • Access to special benefits on FD, RD, Demat and more.
  • Privilege Savings:
    • For a better banking experience.
    • ILSB, Ruby, Sapphire and Platinum account types.
    • Comprehensive insurance coverage.
    • Unrestricted cash handling and added bank privileges.
    • Free platinum debit card.
  • SB Small Savings:
    • Interest rate of up to 2.75%.
    • Annual transaction limit of Rs.1,00,000.
    • For simple and easy experience.
    • Manage balances below Rs. 50,000 for easy, daily transactions.
    • Unlimited transaction of up to Rs.10,000 per month.
  • SB Sugama Zero Balance:
    • Zero balance account.
    • Up to 4 monthly withdrawals.
    • Basic banking with debit cards and cheque book.
    • Made to reach a lot of population.
  • SB Instant:
    • Paperless setup online.
    • Video KYC
    • Convenient account opening.
    • 24x7 banking online.
Eligibility Criteria
  • Resident of India: You must be a resident of India to open these accounts.
  • Individuals: These accounts are primarily for individual account holders.
  • Joint accounts: You can open a joint account with a maximum of four people.
  • Minors: A guardian can open an account on behalf of a minor.
  • Other entities: For entities like associations, trusts, institutions, or clubs, you might need to inquire with the bank directly about the specific requirements and documents needed.
Documents Required for Online Account Opening:

Any one of the following:
  • Aadhar Card
  • Pan Card
  • Drivers License
Process to Open a Karnataka Bank Account Online?
  • Install Karnataka Bank site on your browser and open their official website.
  • Scroll down and click on instant SB Account Online’s “Apply Now” button.
  • Scroll down and read the terms and conditions.
  • Once you’ve read the T&C, scroll down and click on the apply now button at the end.
  • Click on instant SB Account online and click on SB General Account and read through the Terms and Conditions again and click on proceed.
  • Read through and give your consent and give location access to the site.
  • Now, Enter your Mobile number and Email address and click on proceed.
  • Verify using OTP, verify your data and click on next.
  • Now, add a nominee(if any) and click on next.
  • Add your occupational details, fill in your details accordingly and click on next.
  • Choose if you want to opt for mobile banking, SMS Alert and select your debit card.
  • Review your information once and click on the submit button.
  • You will get a page with your account number, customer ID, reference number and branch name. Note these down and click on proceed to video KYC.
  • Complete your Video KYC and you’ll receive an SMS alert with all the account details.
You will receive your debit card by post. However, to get your passbook and checks, you will need to contact your bank. It is recommended to download the Karnataka Bank mobile app after opening your account.

Karnataka Bank Account Helpline

Headquarter addressPB No.599, Mahaveera Circle, Kankanady, Mangalore, Karnataka - 575002
Helpline contact number1800-425-1444 or 1800-572-8031
Helpline email addressinfo@ktkbank.com
 

DFinance

KF Ace
Thanks, applied right away. But remember there will only be 1 zero balance account (student) at the time of selection while being on the VKYC page.
 

DFinance

KF Ace
I had 3 options to choose from at the final page :
1. RuPay International
2. Visa International
3. Visa Domestic
 
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