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Karnataka Bank launches ‘KBL Xpress SB Accounts’

26 Dec 2019 Evaluate

Karnataka Bank has launched ‘KBL Xpress SB Accounts’, a digitized version for opening Savings Bank account through TAB Banking on the spot. Using the TAB banking account opening process, the bank can on-board the prospective customer and open the Savings Bank Account. The bank official will visit the customers place and open the account using the TAB within 10 minutes and also issue the pre-activated Debit Card and Mobile and Internet Banking will be activated instantly.

Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.

Peers
Company Name CMP
HDFC Bank 729.10
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Kotak Mahindra Bank 412.80
Indusind Bank 957.10
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