Karnataka Bank Bengaluru

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About Karnataka Bank

Karnataka bank has been established in the year 1924 in the small town of Mangalore, Karnataka. It is one of those pre-independence era banks which was established in the zeal of freedom movements. It was established in the cooperation of several lawyers and businessmen. The bank has spread its network in 22 states and two union territories with 743 branches spread in all those areas. The bank is one of the technology-savvy banks. It provides proactive digital banking to the customers. The banks have changed according to the changing lifestyle and have made the progressive customer friendly mobile applications which help the customers to easily connect with several services offered by the bank.

Karnataka bank being one of the leading commercial banks has provided the best products to the client which can cater their monetary needs and requirements. The bank has the professional and dynamic workforce with the best-equipped technology assists the client with the financial solutions. It wants to expand its reach and aims for the long-lasting relationship with the customers. It gives the quality products at all level. The bank has won many accolades in the banking sector which signify its growth. In the year 2016, it received four awards by ASSOCHAM. It is focussed on providing the quality services and products which are at par with the global standards to its clients. It wants to enhance the money and value of the stakeholders and customers.

Address of Karnataka Bank Branches in Bengaluru

Branch NameAddressIFSC CodeMICR Contact Details
Ashok Nagar Bangalore16 By 2, Wood Street, Ashoknagar, Bangalore 560025KARB00000535600520031800 425 1444
Industrial Finance BranchNo. 94 By A, Infantry Road Bangalore - 560001KARB00000545600520021800 425 1444
Malleswaram BangaloreNo197, Sampige Road, Malleswaram, Pb301, Bangalore 560003KARB00000555600520151800 425 1444
Chickpet Bangalore551, 552, OTC Road, Near Balepet Post Office, Chickpet, Pb 7638, Bangalore 560053KARB00000565600520081800 425 1444
City Market Bangalore1ST FLOOR, Srikrishna Mandir, Gundopanth Street, City Market, Pb 6718, Bangalore 560002KARB00000575600520091800 425 1444
Chamrajpet BangaloreVelvet , 8 By 1, 5th Main, Pb1832, Bangalore 560018KARB00000585600520061800 425 1444
Murphy Town BangaloreNO 109, Old Madras Road, Ulsoor, Bangalore 560008KARB00000595600520171800 425 1444
K G Road Bangalore1ST Floor, FKCCI Bldg, Kempe Gowda Road, Pb9719, Bangalore 560009KARB00000605600520121800 425 1444
Jayanagar IX Block BangaloreShri Kshetra Complex No 911, 39th Cross, 28th Main, 9th Block, Jayanagar 9th Block, BangaloreKARB00000615600520111800 425 1444
Minerva Circle BangalorePB 163, Rajeshwari Complex, Rv Puram, Minerva Circle, Bangalore 560004KARB00000625600520161800 425 1444
Rajaji Nagar BangaloreOpp Prasann Talkies, 6th Block, Rajajinagar, Bangalore 560010KARB00000645600520191800 425 1444
Srirampuram BangaloreNo 37, Mahakavi Kuvempu Road, Near Devaiah Park, Srirampuram Post, Bangalore 560021KARB00000655600520201800 425 1444
Yeshwanthpura BangaloreNO 33, Pipeline Road, Behind Corporation Complex, 1st Main, Yeshwanthpur, Bangalore 560027KARB00000665600520231800 425 1444
Wilson Garden BangaloreNO279, 10TH Cross, Wilson Garden, Bangalore 560027KARB00000675600520211800 425 1444
Kasturba Road Bangalore83, Mohan Mansion, Kasturba Road, Pb5171, Bangalore 560001KARB00000835600520131800 425 1444
Jayanagar IV Block BangaloreNO 204 By C, 6TH Main, 27th Cross, 4th Block, Jayanagar, Bangalore 560001KARB00000845600520101800 425 1444
Subhash Nagar BangaloreRBD GT Road, Near City Railway Station, Subhashnagar, Bangalore 560023KARB00000895600520221800 425 1444
Koramangala Bangalore652, 17TH Main, 3rd Block, Koramangala Layout, Pb 3424, Bangalore 560034KARB00000945600520141800 425 1444
Banashankari Iii Stage Bangalore650, II Phase, Vii Block, Banashankari III Stage, Hosakerehalli Cross, Bangalore 560085KARB00000975600520041800 425 1444
Basaveshwara Nagar BangaloreNO 323, 1st Cross, 4TH Block, 3rd Stage, Basaveshwaranagar, Woc, Bangalore 560079KARB00001045600520261800 425 1444

Products Offered by the Karnataka Bank in Bengaluru

Karnataka bank has modified its products and services according to the demands of the customers. It provides all kinds of products and services that are required to provide the financial assistance to the clients. The home loan, personal loan, car loan, loan against property etc are few of the loan products that are offered by the bank. The other products which can enhance your money and banking experience that are provided by the bank are insurance, Demat services, fixed deposit, Mutual funds etc.

Basic details about Karnataka Bank products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe age of the applicant should be at least 21 years and above.

Salaried individuals, Self- employed, Agriculturist and Non- Resident Indians are eligible.

Loans for Purchase of House site, Renovation, Construction of house, Furnishing the house.

For Indian Residents:
Minimum monthly income for Salaried individual is ₹ 10,000.
Minimum annual gross income for others is ₹ 1,20,000.

For NRI:
Minimum monthly income for salaried individual is ₹40,000.
Minimum annual gross income for others are ₹ 4,80,000.
60 times of the monthly net salary or 5 times of the current year net income or maximum up to ₹5 crore for purchase or construction of house.

Up to ₹30 lakh for renovation.

Up to 80% of the registration value of the site or maximum of ₹50 lakh for purchase of housing site.

Up to 75% of the estimated cost of asset for the re-furnishing of the house.
8.60% - 9.00%As per Bank’s guidelinesUp to 30 years for purchase or construction of house.

Up to 7 years for renovation/extension/repair/remodeling.

Up to 120 months for furnishing house.

Up to 60 months for the purchase of housing site.
Personal LoanThe age of the applicant should be between 21 years and above.

The applicant should be resident of India.


The minimum net monthly salary should not be less than ₹ 10,000 per month for the salaried Individual
For the self- employed businessmen or professionals the minimum annual net income should be ₹ 1.2 lakh.
Up to 24 times of the net monthly salary for the salaried individuals or 2 times of the average annual income for others.

Minimum of ₹ 1 lakh up to maximum of ₹ 25 lakh
12.70%As per Bank’s guidelinesUp to five years
Car LoanEligible Segments - Individuals, professionals, reputed firms and companies, and Non- Resident Indians.

The age of the applicant should be 21 years and above.

Any individual filing the income tax returns can apply.

Agriculturist who own the agricultural properties.
85% of the road price including all taxes or maximum of ₹ 75 lakh for new vehicle.


Maximum amount up to ₹ 20 lakh for the used vehicle.
9.80% - 13.50%As per Bank’s guidelinesFor new vehicles - 84 months.


For used vehicles- 34 months
Loan Against PropertyEligible Segments - Individuals, professionals, reputed firms and companies, closely held public limited company, Non- Resident Indians.

Should be of age between 21 years and above.

For Indian residents:
Minimum monthly income is ₹10,000 for salaried individuals and annual gross income for others is ₹ 1.20 lakh.
For NRI:
Minimum monthly income for salaried individual is ₹ 1 lakh and annual gross income for others is ₹ 12 lakh.
36 times of the take home salary for salaried individual or 3 times of the average annual income of last 2 years or 50% of the market value of the property.

Minimum amount of ₹3 lakh to maximum up to ₹ 50 crore.
12.20%- 13.20% p.a.As per Bank’s guidelinesUp to 120 months
Education LoanStudents are applicable.


Any minor or major student represented by Parents/ guardians of Indian nationality.

Any students securing admission to a professional/ technical/ other courses in Indian or foreign institution.
Up to ₹ 10 lakh for study in India.

Up to ₹ 20 lakh for study in abroad.
10.60%- 13.95% p.a.As per Bank’s guidelines.Moratorium: course period + 1 year 0r 6 months after getting the job.


From 5 to 7 years from the commencement of the moratorium period.
Business LoanAll micro, small, and medium enterprises.

Any enterprises engaged in manufacturing/ processing/ packaging/ preservation of goods and providing or rendering of services.

Any enterprise conforming to the norms of MSMED Act,2006 and is established according to the definition of MSME.
Up to ₹ 5 crore.

For purchase of vehicle- Up to ₹ 1 crore
10.20% - 13.95%As per Bank’s guidelines.Working capital Up to 34 months.


Term loan up to 60/ 84 months
Fixed DepositIndividual
Joint (max. 4 people)
A guardian on behalf of a minor
HUF
Partnership Firm
A company
Association or any other Institution
Minimum - ₹ 1,000
Maximum - No predetermined limit
3.50% - 8.25%15 days - 10 years

7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Documents Required

The documents required for the different products by Karnataka bank Bengaluru are mentioned in the table below:

ProductsDocuments Required
Home LoanLoan Application with passport size photograph of applicant / guarantor
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Signature proof- Passport/ PAN Card
Processing fee cheque
Detailed cost estimate/valuation report from Bank's Panel Chartered Engineer/Architect
Allotment letter of Co-operative Housing Society/ Apartment Owners' Association/Housing Board/NOC from the Society/Association/Builders/Housing Board
Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
Last 3 months Salary Certificate and Form No.16/ITR for last 3 years (in case of salaried persons)
IT Returns filed for the past three years (in case of non-salaried persons)
Educational qualification certificate and the Proof of business existence (in case of self-employed businessmen or professionals)
Balance Sheet and P&L Account for the past three years (in case of self-employed businessmen or professionals)
Personal LoanLoan Application with passport size photographs
Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Latest 3 months Salary Certificate and Form No.16 ( for the salaried individual)ITR/ITAO along with computation of income, B/S, P&L account with all scheduled certificate by the CA for last 2 years ( For the self- employed)
Bank statement: For salaried individuals: Last 3 months bank statement (where salary is credited)For the self- employed: latest 6 months bank statement/ passbook (current account)
For the self- employed: Proof of Qualification, Proof of continuity of business or profession.
Car Loan1 passport size photograph
Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible and self attested)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Proof of Income: Latest 2 months salary slip with form 16 Audited balance sheet, and the latest 2 years IT returns of the company/ Latest ITR, bank statement reflecting salary credits for last 4 months.
Bank Statement: Income statement, balance sheet and ITR for last 2 years ( for self- employed), Last 6 months bank statement (for salaried individual)
Business Proof: CST Certificate/ Labour act, Shop establishment act/ssi certificate, Proof of ownership of entity, Rental deed/ Utility deed in the name of the company.
Loan Against PropertyDuly filled Loan Application with passport size photographs - 2 copies each
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Signature Proof: Passport/ PAN Card.
Income proof: Last 3 month salary slip or salary certificate and ITR/ Form-16/ Appointment letter ( for the salaried individual)
Last 2 years income tax returns and complete business profile and acknowledgement. Last 2 years financial with full schedules and audits by the certified CA.
Bank Statement- Last 6 months bank statement, Last 3 years Profit/ loss and Balance sheet ( for self- employed professionals)
Processing Fee cheque
Property related documents: All the title related documents of the property that you wish to mortgage for loan.
Education loanDuly filled application with recent photographs.
Proof of residence – Passport/ Utility bill/ Allotment letter.
Date of Birth proof
Certificate of Domicile
Fee particulars from school/ college
Scholarship proof
Study Certificate
Business loanI.T.R. - 2 Years, Balance Sheet and Profit & Loss Account
Proof of ownership of Residential or Commercial Property (including Parental Property) in select locations
Latest 6 months Bank statement of Business.
Proof of Identity
Proof of Residence
Fixed Deposit2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.

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