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Karnataka Bank Personal Loan, Interest Rate and EMI Calculator May 2019

(Updated on 08.05.2019) Karnataka Bank Personal Loan EMI Calculator May 2019 – Get Instant Quick & Easy Approval on Karnataka Bank Personal Loan.  Loansninsurances.com provide a simple tool to calculate your Personal Loan EMI on the basis of✓Interest Rate✓Loan Tenure✓Processing Fee✓Eligibility✓Best Offers & more.

KARNATAKA BANK PERSONAL LOAN – QUICK, EASY & INSTANT APPROVAL ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Karnataka Bank Personal Loan

Karnataka Bank, one of the most popular banks in the country provides enticing Personal Loan for all individuals’ diverse financial needs at their time of financial emergency. Karnataka Personal Loan can be availed for any genuine personal credit requirement at an extensive competitive rate of interest with a hassle free loan amount disbursement. Check out your Personal Loan Eligibility with Karnataka Bank Personal Loan Eligibility Calculator and get a quick approval of your personal loan.

Karnataka Bank Housing Loan Scheme provides the best affordable Home Loan for construction/Acquisition/Purchase/Extension/repair/Renovation of flats or houses.

Karnataka Bank Personal Loan Interest Rate

Interest Rate 13.95%
Processing fee range 0.50% of loan amount or a minimum of Rs 250
Loan Amount Min. Rs. 10,000/- to Max. Rs. 5 lacs
Tenure 60 months

Karnataka Bank Personal Loan EMI Calculator

Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Karnataka Bank Personal Loan Eligibility

  • Permanent employees of listed companies, schools, colleges and universities having a minimum remaining service of 3 year

  • Age Limit : 21 years – 60 years.

  • Collateral or Guarantor

Personal Loan Documents Required

  • Proof of identity: Copy of passport/voter ID card/driving license

  • Proof of address: Copy of ration card/telephone or electricity bill/rental agreement/passport

  • Proof of age is also necessary.

  • Proof of Income and Occupation

  • Last 3 months bank statement/6 months bank passbook

  • Latest salary slip/ current dated salary certificate with the latest Form 16.

  • Other documents are also required as per banks rules and regulations.

Personal Loan Prepayments: Minimum Pre-payment or foreclosure charges

Personal Loan FAQ

Q1) What is the maximum loan tenure of Karnataka Bank personal loan?
The maximum loan tenure of Karnataka Bank personal loan is 60 months.
Q2) Can an applicant choose between fixed or floating interest rate?
Yes, an applicant has the option to avail Karnataka Bank personal loan with either a fixed interest rate or floating rate.
Q3) Does the borrower has the option to prepay the loan amount?
Yes, the borrower has the option to prepay Karnataka Bank personal loan amount without any prepayment penalty.
Q4) Do an applicant needs to provide security to apply for Karnataka Bank personal loan?
No security is required to apply for Karnataka Bank personal loan.