Karnataka Bank Personal Loan Mumbai - Rates February 2024, IFSC, Eligibility, EMI

Karnataka Bank Personal Loan in Mumbai

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.

Interest Rates13.49%
Loan AmountINR 5 Lakhs
Tenure5 Years
Processing Fees0.50% of the loan amount
Pre-payment ChargesNil

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.

Branch NameAddressIFSC CodeMICR Contact Details
Fort Mumbai294 A, Haroon House, Perin Nariman Street, Behind R B I, Fort, Mumbai 400001KARB00000794000520021800 425 1444
Borivli West MumbaiLIC Shopping Complex, Jeevan Bima Nagar, Borivili W , Po Mandapeshwar, Mumbai 400103KARB00000814000520031800 425 1444
Sion East Mumbai239 A, Tamil Sangam Road, Sion East , Mumbai 400022KARB00000854000520071800 425 1444
Bandra West MumbaiPLOT NO333 By 334, Prem Sagar Chs Ltd, Dr Ambedkar Rd, Bandra W , MUMBAI 400050KARB00000864000520061800 425 1444
Andheri West Mumbai1ST Floor, Manish Nagar Shopping Centre, Azad Nagar Po, Mumbai 400053KARB00000914000520041800 425 1444
Kandivali West MumbaiB By 13, Matru Ashish, Next To Balbharati, Sv Road, Kandivali 400067KARB00000934000520051800 425 1444
Overseas Mumbai104106 , 1st Floor, Embassy Centre, Jamnalal Bajaj Marg, Nariman Point, Mumbai 400021KARB00001014000520091800 425 1444
Bhayander East MumbaiShop No12, Ostwal Ornate, Jesal Park Road, Bhayander E 401105, Thane DistKARB00001064000520101800 425 1444
Dombivli Mumbai1st Floor, Shree Complex, Opp Mahavir Nagar, Manpada Road, Dombivli East 421201KARB00001934000520121800 425 1444
Kalyan MumbaiNH 83, Suchak Chambers, Near Mahaveer Complex, Pb250, Kalyan West 421301 Thane DistKARB00004274000520081800 425 1444
Mumbai - Vazira Naka, Borivli (W)Ground Floor, Donbosco High School Building, Vazira Naka, Borivali (W), Mumbai - 400091KARB00005094000520211800 425 1444
Kandivali East MumbaiGayatri Corner, 90 Feet Road, Asha Nagar, Opp Thakur Polytechnic, Kandivli East , Mumbai 4KARB00005104000520131800 425 1444
PowaiGround Floor, Gateway Plaza, Central Avenue, Hiranandani Gardens, Mumbai Powai 400076KARB00005124000520141800 425 1444
Oshiwara Mumbai20 21, Oshiwara Link Plaza, Mhada Complex, Oshiwara, Jogeshwari W 400102, Dist OshiwaraKARB00005144000520151800 425 1444
Kopar Khairane Navi MumbaiLions Service Centre, Plot No 101, Sector 7, Koparkhairane, Navi Mumbai 400709KARB00005154000520161800 425 1444
Thakur Village MumbaiShop No34 39, Evershine Complex, Thakur Village, Kandivli E , Mumbai 400101KARB00005164000520171800 425 1444
Santacruz MumbaiRose Manor Garden School Central Avenue Santacruz Mumbai 400054KARB00005184000520191800 425 1444
Mulund WestGround Flr, Mundada Hostel , Building, Near BMC T Ward Office, Devidayal Road, Mulund WestKARB00005204000520201800 425 1444
Service Branch MumbaiP.B.NO. 1128, 5th Floor, Vardhaman Chambers, 17 - G, Cawasji Patel Street, Fort, Mumbai - 400001KARB00001024000520011800 425 1444

  • Personal Loan Interest Rates February 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%