Karnataka Bank Personal Loan in Patna

About Karnataka Bank Personal Loan Patna

Karnataka Bank provides a personal loan product to the people living in Patna through which they can meet any of their personal needs and wishes. The needs may be varied but the solution to them is one- a personal loan provided by Karnataka Bank. By paying affordable monthly EMIs, you can fulfill all your dreams which you want to realize. The product can be secured by all those salaried employees who are successful in meeting the norms of eligibility set by the bank. The bank has established an active branch in the capital of Bihar.

Karnataka Bank Personal Loan Patna at a glance

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

ParticlularsDescription
Interest Rates12.70%
Loan Amount₹5 Lakhs
Tenure5 Years
Processing Fees0.50% of the loan amount
Pre-payment ChargesNil

Eligibility Criteria for Karnataka Bank Personal Loan Patna

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 Patna

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)

For extra information please have a look at Personal Loan Patna.

Address of Karnataka Bank branches in Patna

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
PatnaSR - 01 Dukhan Ram Plaza, Exhibition Road, Near Gandhi Maidan Pirbahore, Patna - 800001KARB00006138000520021800 425 1444

People Also Look For

Personal Loan Interest Rates December 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.50%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank12.00% - 17.00%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates December 2018
State Bank of India/SBI8.75% - 9.35%
HDFC8.80% - 9.70%
Bank of Baroda8.65% - 9.65%
LIC Housing8.85% - 9.05%
PNB Housing Finance9.00% - 13.00%
ICICI Bank9.10% - 9.35%
Axis Bank8.85% - 9.10%
Citibank9.00% - 9.85%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.90% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 14.00%