Karnataka Bank releases new Savings Product "KBL SB Salary" for Salaried Class

a) Mangaluru based Karnataka Bank Limited released a new Savings Bank Product called "KBL SB Salary" for the salaried class, with 3-variants of Executive, Prime, and Classic.
b) According to the Bank, all these 3-variants do not have the minimum balance criteria instead they have Digitally Powered features.

• Annually charges on Debit Cards is nil,
• Free Access to Karnataka Bank ATMs,
• Free Cash Deposit facility across all bank branches,
• Free Fund Transfer within the Bank,
• Free NEFT & RTGS through Internet & Mobile Banking,
• Free Outstation Cheque Collection,
• Annual Fee on Demat & Trading Accounts is nil.