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

Karnataka Bank Personal Loan in Noida

About Karnataka Bank Personal Loan Noida

An eligible salaried person can avail a personal loan from Karnataka Bank so as to meet all the personal financial needs. In case, you require funds for a surgical operation of your family member or for throwing a marriage function for your daughter, you can obtain a personal loan from the bank. The bank has opened two branches in the city of Noida and it gives the product at feasible interest rates. You can later repay the loan in the form of monthly installments known as EMIs.

Karnataka Bank Personal Loan Noida 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 Noida

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 Noida

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)

Get more information by checking out Personal Loan Noida.

Address of Karnataka Bank branches in Noida

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
Noida Uttar PradeshG 22 By 23, 1st Floor, Sector 18, Noida 201301, U PKARB00005451100520071800 425 1444
Noida-sector Fifty OneB1 A/16, B-Block Market, Sector-51, Noida-201301KARB00006261100520311800 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%