About Karnataka Bank Personal Loan Chennai
Karnataka Bank gives a personal loan to salaried individuals based in the capital of Tamil Nadu. The bank has a very good network in the city of Chennai with several branches. Any eligible salaried employee can avail the product from the bank for a tenure ranging up to five years. The loan seeker can take a maximum amount which is up to ten times of his/her monthly gross salary. The product is very worthy when it comes to meeting personal needs.
Karnataka Bank Personal Loan Chennai at a glance
The essential details about the product offered by Karnataka Bank have been given below.
| Particlulars | Description |
|---|---|
| Interest Rates | 12.35% |
| Loan Amount | INR 5 Lakhs |
| Tenure | 5 Years |
| Processing Fees | 0.50% of the loan amount |
| Pre-payment Charges | Nil |
Eligibility Criteria for Karnataka Bank Personal Loan Chennai
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 Chennai
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)
In case you want more information, you can refer to Personal Loan Chennai.
Address of Karnataka Bank branches in Chennai
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 |
|---|---|---|---|---|
| R A Puram Chennai | 77, Greenways Road, Raja Annamalai Puram, Chennai 600028 | KARB0000150 | 600052009 | 1800 425 1444 |
| Porur Chennai | 3 BY 13, Mount Poonamallee High Road, Porur, Chennai 600116 | KARB0000152 | 600052010 | 1800 425 1444 |
| Besant Nagar Chennai | T 32, A BY B, 7TH Avenue, Besant Nagar, Chennai 600090 | KARB0000156 | 600052011 | 1800 425 1444 |
| K K Nagar Chennai | DNO 10 P T Rajan Salai K K Nagar Chennai 600078 | KARB0000157 | 600052012 | 1800 425 1444 |
| Chennai Mogappair | Old No. 402, New No. 78, Panneer Nagar, Thiruvalluvar Road, Mogappair | KARB0000158 | 600052013 | 1800 425 1444 |
| Chennai Ayanavaram | No.4 Old No.22, 3rd Cross Street, Venkatesapuram Colony, Ayanavaram, Chennai 600023 | KARB0000159 | 600052014 | 1800 425 1444 |
| West Mambalam | No12, 2nd Street, Chennai West Mambalam, Chennai 600033 | KARB0000161 | 600052015 | 1800 425 1444 |
| GT Chennai TC Street | 324, TC Street, Pb 1612, Chennai 600001 | KARB0000462 | 600052002 | 1800 425 1444 |
| Mount Road Chennai | 839, Mount Road, Pb2710, Chennai 600002 | KARB0000463 | 600052004 | 1800 425 1444 |
| Cathedral Chennai | NO 351, Avvai Shanmugam Lloyds Road, Gopalapuram, Chennai 600086 | KARB0000464 | 600052006 | 1800 425 1444 |
| Triplicane Chennai | 132 A, Triplicane High Road, Chennai 600005 | KARB0000488 | 600052005 | 1800 425 1444 |
| Anna Nagar Chennai | W123, 3RD Avenue, Annanagar, Chennai 600040 | KARB0000491 | 600052008 | 1800 425 1444 |
| Mint Street Chennai | D NO311, 1ST Floor, Mint Street, Sowcarpet, Chennai 600003 | KARB0000494 | 600052003 | 1800 425 1444 |
| Kodambakkam Chennai | D NO68, 2ND Main Road, United India Colony, Kodambakkam, Chennai 600024 | KARB0000496 | 600052007 | 1800 425 1444 |
| Service Branch Chennai | P.B.NO. 4906, Vadiraja Building, Door No. 351, 2nd Floor, Avvai Shanmugam Road, Gopalapuram Chennai - 600086 | KARB0000155 | 600052001 | 1800 425 1444 |
| Tambaram | 11/19, Elumalai Street, West Tambaram, Chennai - 600045 | KARB0000771 | 600052016 | 1800 425 1444 |
| Anna Nagar West | Ground Floor, W - 582, Sboa School Road, Annanagar West Extension, Chennai - 6000101 | KARB0000162 | 600052018 | 1800 425 1444 |
| Velachery | D/NO-3, PLOT NO.14, Shashi Nagar, Velachery Bye Pass Road, Velachery - 600042, Guindy Taluk, Chennai Dist. | KARB0000163 | 600052019 | 1800 425 1444 |