Karnataka Bank Net Banking: Secure Online Banking | Access Accounts, Transfer Funds, & More

Imagine you're at home on a Sunday evening, and you suddenly remember the electricity bill that is due tomorrow. At such times, the first rush is to the bank or perpetual wait until Monday morning. However, participating in Karnataka Bank's net banking service creates the complete process with a few clicks. 

From transferring funds to checking your bank account balance to opening a fixed deposit, everything is possible at home. Net banking is bringing a bank to your fingertips. Karnataka Bank is an 'A' Class Scheduled Commercial Bank, one of the most esteemed institutions in India, famous for its customer service and multipurpose banking products. 

Banks like Karnataka Bank provide their customers with online services via a net banking platform, which has made our lives much easier. This is intended to help customers seamlessly manage their accounts, facilitate fund transfers, pay their bills, and do much more from anywhere in the world. 

Just in case you are new to net banking and want to know how to get on the portal so you can register, log in, reset passwords, and know how to use different services, this guide will take you step-by-step in a very simple, easy, and well-understood way.

Know About your bank

Karnataka Bank, founded on February 18, 1924, embarked on its journey through its hometown -- Mangalore, Karnataka -- during the freedom movement in India. 

Over the decades, it grew to become one of India's fastest-developing 'A' Class Scheduled Commercial Banks, constantly furnishing its customers with bank products customized to their requirements. With robust digital banking service offerings such as net banking and mobile banking, Karnataka Bank serves millions of customers all over the country.

What Is Net Banking of Karnataka Bank?

Net Banking, also known as Online Banking, enables customers of Karnataka Bank to carry out several banking operations on the Internet. Accessing the account for services such as balance enquiries, funds transfers, bill payments, tax return filing, and much more can be done from anywhere at home or office. And that is available at all times of the day and night.

Karnataka Bank provides Personal and Corporate Net Banking services. Individuals can individually set up banking transactions for personal requirements while companies can customize the setups or even include different kinds of operations as per their requirements.

Read More – Karnataka Bank Mini Statement

Services Provided by Karnataka Bank Net Banking

Karnataka Bank Net Banking is packed with features that make banking simple and hassle-free. Below is a detailed services offered by Karnataka Bank

Current Interest Rates

As of January 2025, Karnataka Bank offers the following interest rates

A Look into Karnataka Bank’s Interest Rate History

• 1924-1980s: The bank primarily offered competitive rates to attract savings deposits during its early years of establishment.
  
  
• 1990s: With liberalization, the bank revised rates to match global trends, offering FDs at around 8%-10%.
  
  
• 2000s-Present: Interest rates are now competitive with market trends, ensuring consistent returns for depositors.
  
  

Karnataka Bank Net Banking Registration Process

The registration process for Karnataka Bank’s internet banking is simple. Here’s a detailed step-by-step guide

Step 1: Visit the Official Website

Go to the official Karnataka Bank website: https://karnatakabank.com

• Click on the Login section at the right top.
• Under the Internet Banking Services section, select Personal Net Banking.

Step 2: Select ‘New Online Registration’

On the login page, choose New Online Registration. You will have two options

1. First-time user (registered at the branch).
2. First-time user (register online).

Select “First-time user (register online)” to proceed.

Step 3: Enter Account Details

• Enter your Account Number and Registered Phone Number.
• Choose the Debit Card option for authentication.
• Provide the details of your Karnataka Bank debit card.

Step 4: OTP Verification

An OTP (One-Time Password) will be sent to your registered phone number. Enter the OTP to verify the process.

Step 5: Generate Password

• After successful verification, go to the homepage and select Generate a Password.
• Enter your new password, confirm it, and submit.

Step 6: Completion of Registration

You will receive a confirmation after successful registration. Your account will be activated, and you can now log in using your User ID and newly created password.

How to Login to Karnataka Bank Net Banking?

Once you have registered for net banking, logging in is straightforward. Here’s how you do it:

Step 1: Visit the Karnataka Bank Net Banking Portal

Go to the official website and click on the Login button.

Step 2: Enter Login Details

• Choose Personal Net Banking or Corporate Net Banking.
• Enter your User ID and Password, then solve the captcha code.
• Click Login to access your account.

For Corporate Net Banking users, you will need to enter the Corporate User ID along with the password.

How to Reset Your Karnataka Bank Internet Banking Password?

If you forget your password, you can reset it easily by following these steps:

Step 1: Go to the Net Banking Portal

Navigate to the Karnataka Bank website and click on Login.

Step 2: Select Forgot Password

• Enter your User ID and click on the Forgot Password option.
• Choose the mode to reset your password: Online or Offline.

Step 3: Online Reset Process

• For online reset, enter your User ID, click Continue, and enter the OTP sent to your registered phone number.
• Set a new password and confirm it.

Step 4: Offline Reset Process

If you prefer the offline option, visit your nearest Karnataka Bank branch for assistance in resetting your password. 

Also Read  - Karnataka Bank Balance Check Number 

Forgot User ID?

If you have forgotten your User ID, follow these steps

1. Visit the Karnataka Bank Net Banking Portal.
2. Click Forgot User ID on the login page.
3. Enter your Account Number, Registered Mobile Number, and Email ID.
4. Verify via OTP sent to your mobile.
5. Retrieve your User ID and use it for login.

15G/H Submission

Forms 15G and 15H are used to avoid TDS (Tax Deducted at Source) on interest income. Submit them as follows

1. Visit the Karnataka Bank Net Banking Portal.
2. Click on the login section.
3. Select Personal Net banking option.
4. On the login Page, select Form 15G/H.
5. Fill in the required details and upload the form.

Positive Pay

The Positive Pay system helps prevent fraudulent cheque transactions. Here’s how to use it

1. Login to Net Banking.

2. On the login Page, select Form Positive Pay.

3. Submit the details and Proceed.

Is Internet Banking Safe to Use?

Yes, internet banking is secure to use, provided that you follow proper security protocols. Karnataka Bank uses robust encryption technology to protect your data and prevent unauthorised access.

To enhance security

• Always ensure that your password is strong and unique.
• Do not share your password with anyone.
• Keep your mobile and email accounts secure as they are used for OTP and other verification purposes.
• Use two-factor authentication (2FA) for added protection.

Can I Transfer Money to Other Banks Using Karnataka Bank Net Banking?

Yes, you can easily transfer money to other banks using the NEFT, RTGS, or IMPS options. Here’s how

• NEFT (National Electronic Funds Transfer): Ideal for transferring funds to accounts in other banks.
• RTGS (Real-Time Gross Settlement): Best for transferring large amounts.
• IMPS (Immediate Payment Service): Enables instant money transfers 24x7.

These options can be accessed directly from the Fund Transfer section in your net banking portal.

How Can I Pay My Bills Automatically?

You can set up automatic bill payments for utilities and services. Here’s how