Karnataka Bank Home Loan in Ghaziabad
Last Updated : May 5, 2018, 3:01 p.m.
About Karnataka Bank Home Loan Ghaziabad
Karnataka Bank offers eligible loan applicants in the city of Ghaziabad a home loan product. The bank gives the best interest rate and longest repayment tenure. With the help of a home loan, a home loan aspirant can become an owner of a house. The bank has opened up one branch in the city of Ghaziabad. The product can be used to repair and renovate the house too, in addition to buying a new house.
Karnataka Bank Home Loan Ghaziabad at a glance
The essential details about the product offered by Karnataka Bank have been given below.
Particular | Details |
---|---|
Interest Rate | 9.08% - 10.35% |
Amount | 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 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. |
Tenure | Up to 30 years for purchase or construction of house. |
Processing Fees | 0.50% of the sanctioned loan amount |
Prepayment Fees | As per Bank’s guidelines |
Eligibility Criteria for Karnataka Bank Home Loan Ghaziabad
The norms of eligibility for a home loan offered by the bank have been mentioned below. Check them out.
- The age of the applicant should be at least 21 years and above. This means the applicant should have obtained the age of 21 years when the loan is applied.
- Salaried individuals, Self- employed, Agriculturist and Non- Resident Indians are eligible to apply for a Karnataka Bank home loan.
- In the case of salaried employees, the m inimum monthly income should be ₹ 10,000. For others, the minimum annual gross income should be ₹ 1,20,000.
- In the case of an NRI, the m inimum monthly income for a salaried individual should be ₹40,000. For others, the minimum annual gross income should be ₹ 4,80,000.
Documents required for Karnataka Bank Home Loan Ghaziabad
The list of important documents required for a home loan offered by Karnataka Bank has been given below.
- Loan 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)
For more details, see Home Loan Ghaziabad .
Address of Karnataka Bank branches in Ghaziabad
The complete list of Karnataka Bank branch in the city has been given here along with the address, contact details and IFSC & MICR codes.
Branch Name | Address | IFSC Code | MICR | Contact Details |
---|---|---|---|---|
Ghaziabad | Ground Floor, Gaur Gravity Mall, 8, Vaibhav Khand, Indirapuram, Ghaziabad - 201014, U.P. | KARB0000266 | 110052022 | 1800 425 1444 |
Best Offers For You!
Home Loan Details
Home Loan by Top Banks
Home Loan Rates by Top Banks
- SBI Home Loan Interest Rates
- HDFC Bank Home Loan Interest Rates
- Tata Capital Home Loan Interest Rates
- LIC Home Loan Interest Rates
- PNB Housing Finance Home Loan Interest Rates
- ICICI Home Loan Interest Rates
- Bank of Baroda Home Loan Interest Rates
- Axis Bank Home Loan Interest Rates
- Indiabulls Home Loan Interest Rates
- Reliance Home Loan Interest Rates
Home Loan Calculator by Top Banks
- SBI Home Loan EMI Calculator
- HDFC Bank Home Loan EMI Calculator
- Tata Capital Home Loan EMI Calculator
- LIC Home Loan EMI Calculator
- PNB Housing Finance Home Loan EMI Calculator
- ICICI Home Loan EMI Calculator
- Bank of Baroda Home Loan EMI Calculator
- Axis Bank Home Loan EMI Calculator
- Indiabulls Home Loan EMI Calculator
- Reliance Home Loan EMI Calculator