Karnataka Bank has opened its 855th branch at Mulladka, Udupi District, in the Karnataka state on May 29, 2020. Earlier, the Bank has opened 853rd branch at Bengaluru - Ramamurthy Nagar and 854th Branch at Kantanakunte GP.
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.