My brother works in loan department of Karnataka Bank, so I can tell you the Karnataka Bank home loan interest rate. The interest rate for Karnataka Bank home loans starts at 8.58%. Additionally, this bank offers a variety of housing schemes, with different interest rates associated with each plan. I have provided the interest rates for every Karnataka Bank housing scheme below for your reference.
What is the Karnataka Bank Housing Loan Rate Of Interest?
Several variables, including the state of the market, the borrower's creditworthiness, and the loan amount, usually affect the rate. You can find the interest rate of all the housing scheme from the below table:
| Scheme | Rate of Interest (p.a.) |
|---|---|
KBL – Apna Ghar/Elite: for house purchase/renovation) |
8.75% to 10.58% |
KBL Home Loan WINBACK Scheme |
8.58% to 8.83% |
KBL – Home Comfort: (for furnishing a house) |
9.25% to 10.93% |
KBL – Ghar Niveshan: (for buying a house site) |
9.28% to 11.43% |
KBL Home Top Up: (for meeting personal requirements) |
9.25% to 10.93% |
Since Karnataka Bank home loans have such competitive interest rates, they are a desirable choice for borrowers. You can also get competitive interest rates and hassle free loan application from the below link:
Secure your future with NoBroker competitive home loan options.I hope you get an idea of the KBL home loan interest rate. 🙂
Read more -Which Bank has Lowest Interest Rate for Home Loan?
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Authors Of The Question
What is Karnataka Bank Home Loan Interest Rate?
Abhisoka
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10 months
2024-01-17T20:55:02+00:00 2024-01-19T19:56:45+00:00Comment
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