Karnataka Bank Home Loan in Jaipur

Last Updated : April 26, 2017, 6:24 p.m.

About Karnataka Bank Home Loan Jaipur

Who wouldn’t want to live in the pink city of Jaipur and experience the colorful Rajasthani culture? The city has a unique charm and that’s the reason many people wish to live here. Karnataka Bank provides a home loan to all the people in the city who are eligible. The bank has opened two branches in the capital of Rajasthan. A home loan product provided by the bank is tailor made to take care of any financial requirement needed to buy a house. You are bound to be offered the best repayment tenure and interest rate by the bank.

Apply Home Loan @ 8.65%* Rate

Karnataka Bank Home Loan Jaipur at a glance

The essential details about the product offered by Karnataka Bank have been given below.

Eligibility Criteria for Karnataka Bank Home Loan Jaipur

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 Jaipur

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 information, please check Home Loan Jaipur .

Address of Karnataka Bank branches in Jaipur

The complete list of Karnataka Bank branches in the city has been given here along with the address, contact details and IFSC & MICR codes.