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Karnataka Bank
4.0
based on 193 Reviews
Company Overview
Company Locations
Working at Karnataka Bank
Company Summary
Karnataka bank offers personal banking, NR banking, business banking and agricultural banking services online.
Overall Rating
4.0/5
based on 193 reviews
5% above
industry average
Highly rated for
Job security, Salary, Skill development
Work Policy
Work from office
90% employees reported
Alternate Saturday off
41% employees reported
Strict timing
73% employees reported
No travel
58% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
9 employees reported
Health insurance
8 employees reported
International/On-site exposure
1 employee reported
Professional degree assistance
1 employee reported
View all benefits
About Karnataka Bank
Founded in1924 (101 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersMangaluru/Mangalore, Karnataka, India
Office Locations
--
Websitekarnatakabank.com
Primary Industry
Other Industries
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AtKarnataka Bank, we understand that all customers are different in unique ways, which is why, regardless of the size of your business or your aspirations, we treat every one as individual and special. This means offering you choices, not only in relation to our products and services but also in the way you interact with us. We understand the changes in your lifestyle, recognize these changes and support you with a high standard of professionalism and service. As a premier bank, we have developed comprehensive range of customized products & services suitable for every kind of market, trade or perceived need - Business or Personal. They include, borrowing facilities, deposits, providing optimum returns on surplus funds or helping with overseas transactions. We believe in total quality at all levels. We have deployed the most modern information technology to deliver products & services for your benefit with an aim to develop an effective long-term relationship. But most of all, Technology is matched to your expectations of service, for today & for the future.
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Karnataka Bank Ratings
based on 193 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
78
4
54
3
33
2
10
1
18
Category Ratings
4.1
Job security
3.9
Salary
3.9
Skill development
3.7
Company culture
3.6
Work-life balance
3.6
Promotions
3.5
Work satisfaction
Karnataka Bank is rated 4.0 out of 5 stars on AmbitionBox, based on 193 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Karnataka Bank
based on 182 reviews
4.1
Rated by 35 Women
Rated 4.4 for Job security and 4.2 for Salary
3.9
Rated by 147 Men
Rated 4.1 for Job security and 3.8 for Salary
Work Policy at Karnataka Bank
based on 37 reviews in last 6 months
Work from office
90%
Permanent work from home
5%
Hybrid
5%
Karnataka Bank Reviews
Top mentions in Karnataka Bank Reviews
+ 5 more
Compare Karnataka Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 193 reviews | 4.0/5 based on 38.8k reviews | 3.8/5 based on 26k reviews | 4.2/5 based on 11.8k reviews |
Highly Rated for | Job security Skill development Salary | Job security Skill development Company culture | No highly rated category | Skill development Work-life balance Salary |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 90% employees reported | Work from office 91% employees reported | Work from office 79% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 4.1 Good rated by 35 women | 3.9 Good rated by 10.3k women | 3.6 Good rated by 5.6k women | 4.2 Good rated by 1.3k women |
Rating by Men Employees | 3.9 Good rated by 147 men | 4.0 Good rated by 26.7k men | 3.8 Good rated by 19.3k men | 4.2 Good rated by 10k men |
Job security | 4.1 Good | 4.1 Good | 3.7 Good | 4.1 Good |
View more
Karnataka Bank Salaries
Karnataka Bank salaries have received with an average score of 3.9 out of 5 by 193 employees.
Officer
(84 salaries)
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₹4.5 L/yr - ₹12.5 L/yr
Clerk
(58 salaries)
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₹2.8 L/yr - ₹9.1 L/yr
Branch Manager
(50 salaries)
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₹6 L/yr - ₹18 L/yr
Probationary Officer
(35 salaries)
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₹6 L/yr - ₹12 L/yr
Banking Officer
(27 salaries)
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₹4 L/yr - ₹13 L/yr
Officer Scale 1
(25 salaries)
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₹6 L/yr - ₹13.3 L/yr
Customer Service Associate
(24 salaries)
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₹4.2 L/yr - ₹7.2 L/yr
Assistant Branch Manager
(22 salaries)
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₹5.5 L/yr - ₹14 L/yr
Credit Officer
(19 salaries)
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₹7 L/yr - ₹12 L/yr
Bank Clerk
(13 salaries)
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₹3.2 L/yr - ₹6.1 L/yr
Karnataka Bank Interview Questions
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Karnataka Bank News
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Karnataka Bank Reverses Nearly Rs 19 Crore Suspicious Cross-Border UPI Transactions
- Private sector lender Karnataka Bank has reversed suspicious cross border UPI transactions amounting to Rs 18.87 crore to its customers.
- The reversal was done as these transactions could not be processed.
- The bank confirmed that owing to this, there is no impact on the operations of the bank nor on customer servicing.
- The bank will initiate necessary actions towards recovery of the amount involved and has also put in place additional control processes to prevent recurrence, it had said.
Bloomberg Quint | 18 Feb, 2025
Karnataka Bank launches 2 products to mark its founders’ day
- Karnataka Bank has launched two products to mark its founder's day: 'KBL Stri' savings bank account designed for women and 'KBL One Family Banking Programme' that offers tailored benefits and shared privileges.
- The bank has undergone major transformative steps to enhance its presence, embrace technology, and improve its products and services.
- The Chairman of Karnataka Bank stated that the bank is stepping into a new era with renewed energy and aims to become a truly digital bank.
- A spiritual leader emphasized the importance of building strong customer bonds.
HinduBusinessLine | 18 Feb, 2025
Q3 Results Live: ONGC, Sun Pharma, IndusInd Bank Shares Rise Ahead Of Earnings
- ONGC, Sun Pharma, IndusInd Bank shares rise ahead of Q3 earnings.
- Other companies announcing earnings today include City Union Bank, Five-Star Business Finance, Karnataka Bank, Aptus Value Housing Finance India, and Equitas Small Finance Bank.
- Oil and Natural Gas Corp., Sun Pharmaceutical Industries Ltd., and IndusInd Bank Ltd. shares are trading in green.
- Comprehensive Budget 2025 coverage available on NDTV Profit.
Bloomberg Quint | 31 Jan, 2025
Tech Query: What is the outlook for Thyrocare Technologies and Karnataka Bank?
- Thyrocare Technologies stock is in corrective fall since mid-December, a bounce from crucial support at ₹770 can provide some relief. However, the share price needs to go above ₹930 to turn the outlook bullish and target ₹1,200 in the long term.
- Karnataka Bank stock has been in a strong downtrend since January last year. A crucial support is at ₹180, and failure to bounce from here can lead to more fall. A break below ₹180 can result in a decline towards ₹160. On the other hand, a bounce from ₹180 can trigger a relief rally to ₹200-₹210. A strong break above ₹210 and subsequent rise past ₹225 will confirm a trend reversal and target ₹330 in the long term.
HinduBusinessLine | 23 Jan, 2025
Cybersecurity in banking is a continuous process, says Karnataka Bank chief
- Pradeep Kumar P, Chairman, Karnataka Bank, emphasized that cybersecurity in the banking sector is a continuous process.
- He mentioned the importance of prevention over cure and highlighted the global wealth lost to cyber frauds.
- Srikrishnan H, Managing Director and CEO of Karnataka Bank, emphasized the need for a robust risk awareness culture in the BFSI sector.
- He stated that operational readiness and constant review of risk management are crucial in combating cyber risks.
HinduBusinessLine | 6 Jan, 2025
Karnataka Bank Sees Asset Book Rising 13% In FY25 Despite Slowdown In Overall Credit Growth
- Karnataka Bank plans to grow its asset book by 13% in FY25, focusing on retail and mid-corporate lending despite a slowdown in sector-wide credit growth.
- The overall sectoral credit growth is projected to be around 11% in this fiscal, but Karnataka Bank aims to achieve 12-13% growth in its asset book.
- The bank is focusing on reducing low-yield corporate loans and replacing them with high-yielding retail and mid-corporate assets.
- Karnataka Bank's strategy is to prioritize retail, agri, and mid-market sectors, which will contribute to two-thirds of their book and business.
Bloomberg Quint | 14 Dec, 2024
Karnataka Bank launches 2 financial products for students
- Karnataka Bank has launched two financial products for students, namely 'KBL Peak' education loan and 'KBL Genius' savings account.
- 'KBL Peak' education loan provides financial support to students pursuing higher education in India and abroad with loan amounts up to ₹2 crore.
- 'KBL Genius' savings account is a student-focused product with features like seamless digital transactions and exclusive benefits on debit cards.
- 'KBL Genius' aims to empower students in managing their finances effectively.
HinduBusinessLine | 14 Nov, 2024
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Karnataka Bank FAQs
When was Karnataka Bank founded?
Karnataka Bank was founded in 1924. The company has been operating for 101 years primarily in the Banking sector.
Where is the Karnataka Bank headquarters located?
Karnataka Bank is headquartered in Mangaluru/Mangalore, Karnataka.
How many employees does Karnataka Bank have in India?
Karnataka Bank currently has more than 8,400+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Karnataka Bank based on the number of reviews submitted on AmbitionBox.
Does Karnataka Bank have good work-life balance?
Karnataka Bank has a Work-Life Balance Rating of 3.6 out of 5 based on 100+ employee reviews on AmbitionBox. 68% employees rated Karnataka Bank 4 or above, while 32% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Karnataka Bank work-life balance reviews for more details
Is Karnataka Bank good for career growth?
Career growth at Karnataka Bank is rated fairly well, with a promotions and appraisal rating of 3.6. 68% employees rated Karnataka Bank 4 or above, while 32% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Karnataka Bank promotions/appraisals reviews for more detailed insights.
What are the pros of working in Karnataka Bank?
Working at Karnataka Bank offers several advantages that make it an appealing place for employees. The company is highly rated for job security, salary & benefits and skill development, based on 100+ employee reviews on AmbitionBox.
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