Karnataka Bank Personal Loan Interest Rates
Check personal loan Rates, EMI, Loan amount, process, approval time, and application status & loan eligibility through emicalculator-india.com
Karnataka Bank offers personal loans upto 25 lakhs at interest rates of 12.97% for salaried persons. Karnataka Bank disbursed loan in your account within 48 working hours. Karnataka bank offers two times of the average annual income of last two years / 24 times of the latest take home salary which ever is lower subjected to minimum of Rs.1.00 lakhs and Maximum loan of Rs.25.00 lakh.
Karnataka Bank is a major banking institution based in the coastal city of Mangaluru in Karnataka, India. The Reserve Bank of India has designated Karnataka Bank as an A1+-class scheduled commercial bank.
Customer service: 1800 425 1444
Headquarters: Mangalore
Founded: 1924
Karnataka Bank Personal Loan Quick Apply
Karnataka Bank Personal Loan Details
| Interest Rates | 12.97% |
| Lowest emi per lakh for 5 years | Rs. 2274 |
| Processing Fee | up to 2.50% of loan amount |
| Prepayment Charges | Up to 3% on total principal outstanding at the time of calculating the amount |
| Repayment | Upto 5 Years |
| Loan Amount | Upto Rs. 5 lakh |
| Age | 21 – 55 |
| Eligibility Criteria | Minimum age 21 years |
| Disbursal Time | 2-5 days |
| Minimum Income Per Month | 10000 |
Documents Required for Karnataka Bank Personal Loan
Identity Proof – Passport, photo pan card, driving license, votes id card, photo ration card
Address Proof – Passport, telephone bill, ration card, electricity bill, driving license, life/medical insurance policy, rental agreement, apartment allotment letter
Example of Personal Loan EMI Calculator
Pre-calculated personal loan emi based on loan amount, interest rates and tenure.
| Loan Amount | Tenure In Years | Interest Rate | Monthly EMI | Total Amount | Total Interest |
| 100000 | 5 | 12.97% | ₹2,273.77 | ₹1,36,426.31 | ₹36,426.31 |
| 150000 | 5 | 12.97% | ₹3,410.66 | ₹2,04,639.47 | ₹54,639.47 |
| 200000 | 5 | 12.97% | ₹4,547.54 | ₹2,72,852.62 | ₹72,852.62 |
| 250000 | 5 | 12.97% | ₹5,684.43 | ₹3,41,065.78 | ₹91,065.78 |
| 300000 | 5 | 12.97% | ₹6,821.32 | ₹4,09,278.94 | ₹1,09,278.94 |
| 350000 | 5 | 12.97% | ₹7,958.20 | ₹4,77,492.09 | ₹1,27,492.09 |
| 400000 | 5 | 12.97% | ₹9,095.09 | ₹5,45,705.25 | ₹1,45,705.25 |
| 450000 | 5 | 12.97% | ₹10,231.97 | ₹6,13,918.40 | ₹1,63,918.40 |
| 500000 | 5 | 12.97% | ₹11,368.86 | ₹6,82,131.56 | ₹1,82,131.56 |