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About Karnataka Bank Home Loan New Delhi
New Delhi, the capital of India is a perfect place to live in. The city is a major hub of education and employment and therefore attracts many people from all over India. Living here is a dream which many people want to realize as soon as possible. The city has many people who have lived here for so long but in rented houses. In case, you too want to buy your own house, you can do so with the help of a Karnataka Bank home loan. The Bank has more than 20 branches in the city of New Delhi and has ensured that quality products and services are delivered to the customer living here. The product can be used by any eligible self-employed person or a salaried employee based in New Delhi for buying a house as well as renovating the house.
Karnataka Bank Home Loan New Delhi at a glance
The essential details about the product offered by Karnataka Bank have been given below.
|Interest Rate||8.45% - 9.28%|
|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 New Delhi
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 minimum 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 minimum 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 New Delhi
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 refer to Home Loan New Delhi.
Address of Karnataka Bank branches in New Delhi
The complete list of Karnataka Bank branches 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|
|Chandni Chowk New Delhi||1ST Floor, Ghanta Ghar, Opp Town Hall, Pb 739, Chandni Chowk, Delhi 110006||KARB0000189||110052003||1800 425 1444|
|Laxmi Nagar New Delhi||Dr Chawla Complex, 1 By 17, Lalita Park, Vikas Marg, Laxminagar, Delhi 110092||KARB0000194||110052008||1800 425 1444|
|New Delhi||45, Regal Building, Pb 703, New Delhi 110001||KARB0000537||110052002||1800 425 1444|
|Overseas New Delhi||K 2, Choudhary Building, 1st Floor, Middle Circle, Connaught Circus, New Delhi 110001||KARB0000542||110052004||1800 425 1444|
|Savitha Vihar New Delhi||NO13, Neelkanth Chambers, Local Shopping Centre, Sarita Vihar, Delhi 110092||KARB0000544||110052006||1800 425 1444|
|West Patel Nagar New Delhi||11 BY 8, Upper Ground Floor, West Patel Nagar, New Delhi 110008||KARB0000546||110052009||1800 425 1444|
|Lajpat Nagar New Delhi||E 108 BY 109, Lajpat Nagar, New Delhi 110024||KARB0000547||110052010||1800 425 1444|
|Shalimar Bagh New Delhi||Aggarwal Plaza, 1st Floor, Bn Block West , Shalimar bagh Delhi 110088||KARB0000548||110052011||1800 425 1444|
|Rohini New Delhi||Plot No6, Aggarwal Central Plaza, 1st Floor, Community Centre, Dc Chowk, Sector 9, Rohini New Delhi||KARB0000549||110052012||1800 425 1444|
|R K Puram New Delhi||Delhi Karnataka Sangha Building, Rao Tularam Marg, Sector 12 RKPuram Delhi City 110022||KARB0000550||110052014||1800 425 1444|
|Dwarka New Delhi||Plot No 6 Hl Square Sector 5 Dwarka Delhi City 110075||KARB0000551||110052015||1800 425 1444|
|G T Karnal Road New Delhi||NO.6, Ground Floor, Jain Colony Veer Nagar, G.T Karnal Road||KARB0000553||110052017||1800 425 1444|
|Paschim Vihar New Delhi||A - 4 By 45, Paschim Vihar, New Delhi||KARB0000554||110052016||1800 425 1444|
|Janakpuri||D/A/A1, Ground Floor, Satguru Ramsingh Marg, Janakpuri D Block, New Delhi 110058||KARB0000556||110052018||1800 425 1444|
|New Delhi Karol Bagh||Plot No. 5439/71, Ground Floor, Main Arya Samaj Road, Karol Bagh, New Delhi - 110005||KARB0000558||110052019||1800 425 1444|
|Service Branch New Delhi||45, Regal Building, Connaught Place, New - Delhi - 110001||KARB0000555||110052001||1800 425 1444|
|East Of Kailash||D - 59, Sapna Road, East Of Kailash, New Delhi - 110065||KARB0000560||110052020||1800 425 1444|
|Ashok Vihar||A - 1, Near Satyawati College, Phase Ii, Ground Floor, Ashok Vihar, Delhi - 110052||KARB0000561||110052021||1800 425 1444|
|RO Delhi||M13(A) Punj House, 1st Floor, Connaught Circus, New Delhi||KARB0000250||NON-MICR||1800 425 1444|
|New Delhi - Vikaspuri||Ground Floor, F - 119, Vikaspuri, New Delhi - 110018||KARB0000562||110052023||1800 425 1444|
|Malviya Nagar||Ground Floor, D/NO. B-1/13, Malviya Nagar, New Delhi - 110017||KARB0000567||110052025||1800 425 1444|
|New Delhi Kirti Nagar||Ground Floor H 59 Kirti Nagar New Delhi 110015||KARB0000574||110052028||1800 425 1444|
|New Delhi Kalkaji||Plot No K 10, Kalkaji Road, New Delhi Kalkaji 110019||KARB0000575||110052027||1800 425 1444|