Karnataka Bank unveils new range of banking products

Karnataka Bank on Thursday unveiled a new range of banking products and services under the theme “Nava Dhamaka 2026-Enhancing Banking Experience”.

The bank unveiled nine key solutions under the Nava Dhamaka, spanning investments, digital banking, payments, customer engagement and lending.

They included a composite online trading and wealth management platform integrating demat and brokerage facilities with wealth management solutions; a revamped Retail Internet Banking platform with an enhanced user interface and user experience; enhanced KBL Mobile Banking features, including Soulabhya Plus Deposits and improved FASTag services; UPI services for eligible NRI customers holding NRE/NRO accounts; PIN-less transactions through the Central Bank Digital Currency (CBDC) platform; a comprehensive Point of Sale (POS) solution for temples, mutts, trusts and other religious institutions to facilitate secure and transparent digital collections; an AI-enabled Voice Bot for Lead Validation to improve customer outreach and lead management; the Drop Line Facility under KBL Micromitra to support business improvement and KBL Start-up Finance, a dedicated credit scheme for start-ups and emerging entrepreneurs, a bank release said.

The launch programme was held at the Bank’s Bull Temple Road Office, Bengaluru.

Together, these solutions are aimed at enhancing customer convenience, strengthening digital payment capabilities, improving service delivery and supporting entrepreneurship and institutional growth, it said.

Raghavendra S. Bhat, managing director and chief executive officer of the bank, and Brijesh Patel, renowned cricketer and former president of the Karnataka State Cricket Association, were present on the occasion.