Mangalore, November 1, 2009:The Karnataka Bank Limited, based in Mangalore, has introduced a host of savings products, customized as per the requirements of various sections of society.
The KBL Kishore for students aged 12 - 18 years offers attractive features such as zero balance, charge-free demand drafts for fees, charge-free fund transfers, debit cards with a withdrawal limit of Rs 5000 and a purchasing limit of Rs. 1,500 per day. This account is not only easy to open, but also allows for Cyber Kid Internet Banking facility.
The KBL Tarun Scheme is meant for students aged 18 - 25 years with attractive features such as charge-free demand drafts for fees and fund transfer. Besides, cash can be deposited and withdrawn from any branch.
The other products include KBL Salary Privilege Scheme for working individuals in addition to SB Money Platinum and Current Account Money Platinum accounts. Besides, the bank has added a lot of new benefits to existing schemes such as SB Money Sapphire and SB General and current accounts.