Karnataka Bank Indore

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About Karnataka Bank

Karnataka bank has been set up in the pre- independence era in the small coastal town of Karnataka named Mangalore. It is still the headquarter of the bank. The bank is one of the leading banks which is enjoying the status of A class scheduled commercial bank given by Reserve Bank Of India. The bank has evolved a lot since its establishment. It has modified and molded the services and products according to the change in lifestyle and requirements of the people. The bank treats every individual as special and unique. The customer enjoys the best banking services regardless the size of their business with the bank. It gives them the option to choose from the comprehensive range of customized products and services that are suitable for all types of market, trade or perceived needs.

Karnataka bank has deployed the best and latest technology to make the quality products and services available for all the customers. Its main aim is to provide the best in the business products and services available to the customers. The is one of the first banks to support the centralized banking system and know the value of it. It has started the core banking system in the year 2000 and the state of art technology has been designed and developed by the best companies in the market. It also has disaster recovery system that works as the backup of all the data which is stored in the data center at Bangalore. So that if any disaster happens on the then it can retrieve the data and no loss of any data occurs. It also ensures the non-stop banking facility that is available with the bank. It aims to have the national presence and give the best in the business products and services to the customers.

Address of Karnataka Bank Branches in Indore

Branch Name AddressIFSC Code MICR Contact Details
Indore MP8 BY 2, Ground Floor, Rafael Towers, Greater Kailash Road, Old Palasia, Indore 452001, MPKARB00003524520520021800 425 1444
Indore VijayanagarGround Floor, No Df-23, Scheme No. 74-c, Near Brilliant Convention Center, Vijayanagar, Indore -452010KARB00003554520520031800 425 1444

Products Offered by the Karnataka Bank in Indore

Karnataka bank has vivid products and services that are provided to the customer to meet the financial needs. The bank has loan products, insurance, investment, deposits etc to serve the financial purpose of the customers. The customer has the option to make the investment and increase their wealth in fixed deposit, mutual fund, Demat services, securities etc. It is operational in Treasury operations, Retail banking, Corporate banking and gives other facilities as well. Karnataka bank has a whole array of products and services to cater the needs of the clients.

 

Basic details about Karnataka Bank products

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Documents Required

The documents required for the different products by Karnataka bank Indore 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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