Karnataka Bank Jaipur

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About Karnataka Bank

Karnataka bank is one of the leading commercial banks which has gained the status of A class scheduled commercial bank in India. The bank has been established in the year 1924 in Mangalore.The bank has been set up pre- independence at the time when the patriotic zeal due to the freedom movements was at the peak. The bank has been formed due to the contribution of several lawyers and businessmen. It is the bank which has changed its perception and products according to the changing times. It has adapted the modern technology is one of the first banks to acknowledge the importance of the centralized banking system. It has established the core banking system in the year 2000. It is one of the technically sound and technologically advanced banks.

The main mission of the bank is to be customer centric and techno savvy bank with the national presence. It has made the presence felt in 21 states and 2 union territories with 743 branches and is still growing rapidly to cover more geographical location. The bank is guided by the high standards of corporate governance and has sound moral ethics. It provides the high quality of the products and services with an aim to develop and continue the long-term relationship. The bank strives hard so that it can offer the customized products and services that can fulfill the requirements for all types of trade, market or perceived needs.

Address of Karnataka Bank Branches in Jaipur

Branch NameAddressIFSC CodeMICR Contact Details
Jaipur RajasthanShop No 72 74, 1st Floor, Ganapathi Plaza, MI Road, Pb84, Jaipur 302001KARB00003643020520021800 425 1444
Jaipur VaishalinagarC 13, G F, Vaishali Marg, Vaishali Nagar, Jaipur 303021KARB00003713020520031800 425 1444

Products Offered by the Karnataka Bank in Jaipur

Karnataka bank has all products and services that are required to give the best solution for the financial problems and requirements. The bank offers the products like the home loan, personal loan, loan against property, car loan, education loan, gold loan, and business loan. The customer can avail these products as per their requirements. The bank has other banking services like the Mutual funds, Insurance, Deposits, Demat services etc. These will help them to make the investment and grow their savings. Therefore, it is a complete package where you can find all the financial solutions at one place.

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 Jaipur 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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