Karnataka Bank Personal Loan in Mumbai

Last Updated : April 27, 2017, 7:44 p.m.

About Karnataka Bank Personal Loan Mumbai

Karnataka Bank has created a solid presence in the city of dreams with over 20 branches. The bank offers a personal loan to Mumbaikars at competitive rates of interest. The product can be availed by an eligible salaried employee employed with a reputed company or an institution listed by the bank. Karnataka Bank gives the product to customers so that their dreams can be fulfilled and finance never acts as a hurdle for them. You can now take care of any financial requirements by paying a monthly EMI to the bank. Karnataka Bank has truly adapted itself to keep the spirit of Mumbai alive always.

Karnataka Bank Personal Loan Mumbai at a glance

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

Eligibility Criteria for Karnataka Bank Personal Loan Mumbai

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 Mumbai

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)

Please refer to Personal Loan Mumbai for more information.

Address of Karnataka Bank branches in Mumbai

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