Karnataka Bank Personal Loan in Bengaluru

Last Updated : Feb. 27, 2020, 12:52 p.m.

About Karnataka Bank Personal Loan Bengaluru

Karnataka Bank has a very solid presence in the capital of Karnataka with more than 60 active branches. The bank provides the people of the city with various loan products. A personal loan offered by the bank can be availed by any eligible salaried employee in the city. A personal loan is a product that can be used to meet all sorts of personal wishes like going to a trip to Europe or renovating the house. In case, you have some medical emergency in the family and you require financial help, then also you can avail this product. A person living in Bengaluru can take maximum advantage of the low-interest rates offered by Karnataka Bank.

Karnataka Bank Personal Loan Bengaluru at a glance

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

Eligibility Criteria for Karnataka Bank Personal Loan Bengaluru

The norms of eligibility for a personal loan offered by the bank have been mentioned below. Check them out.

• The age of the applicant should be between 21 t0 60 years. This means the applicant should have obtained the age of 21 years when the loan is applied.
• The product can only be availed by salaried employees who earn good and stable income from a regular source.
• Permanent employees who are employed by the listed companies, colleges, schools and universities are eligible to apply for a personal loan offered by Karnataka Bank. They need to have a remaining service of at least three years.
• The applicant should be a resident of India.
• The minimum net monthly salary should not be less than ₹ 10,000 per month for the salaried individual.

Documents required for Karnataka Bank Personal Loan Bengaluru

The list of important documents required for a personal loan offered by Karnataka Bank has been given below.

• Loan 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, Income Tax returns of the previous two financial years
• Bank statement: For salaried individuals: Last 3 months bank statement (where salary is credited)

You can always refer to Personal Loan Bengaluru for extra information.

Address of Karnataka Bank branches in Bengaluru

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