KVB Personal Bank

Hi buddy here I am looking for info related to Karur Vysya Bank (KVB) Personal Loan Interest Rate, as I am thinking to apply for its loan ?

[pawan]

Karur Vysya Bank (KVB) is an Indian private-sector bank, headquartered in Karur in Tamil Nadu.

Karur Vysya Bank (KVB) Personal Loan Interest Rate
MCLR Category


Rate of MCLR


Period for which the computed MCLR would be applicable

Overnight MCLR


9.85% per annum


1 day and above but less than 1 month

MCLR for a one month period


9.85% per annum


1 month and above but less than 3 months

MCLR for a three month period


9.85% per annum


3 months and above but less than 6 months

MCLR for a six month period


9.95% per annum


6 months and above but less than one year

MCLR for a one year period


10.05% per annum


1 year and above


Based on the above MCLR rates, the interest ratefor Personal Loans are determined. The rates of interest on the variants of the KVB Personal Loans which are offered by the bank are as follows:


Type of loan


Rate of interest

Secured Personal Loan


MCLR for a one year period + 3.85% = 10.05% + 3.85% = 13.90%

Unsecured Personal Loan


MCLR for a one year period + 6.35% = 10.05% + 6.35% = 16.40%

Fully secured Bon Voyage Loan


MCLR for a one year period + 6.35% = 10.05% + 6.35% = 16.40%

Partly Secured Bon Voyage Loan


MCLR for a one year period + 7.85% = 10.05% + 7.85% = 17.90%

IPO Funding Loan


MCLR for a one year period + 8.50% = 10.05% + 8.50% = 18.90%

Karur Vysya Bank Quick Loan


MCLR for a one year period + 3.60% = 10.05% + 3.60% = 13.65%

KarurVysya Bank Insta Loan Floating Rate of Interest


MCLR for a one year period + 3.85% = 10.05% + 3.85% = 13.90%

KarurVysya Bank Insta Loan Fixed Rate of Interest


MCLR for a one year period + 3.60% = 10.05% + 3.60% = 13.65%

Bank profile:
Type Private
Traded as BSE: 590003
NSE: KARURVYSYA
Industry Banking
Financial services
Founded 1916
Headquarters Karur, Tamil Nadu, India
Key people B.Swaminathan
(Chairman)
Products Consumer banking, Corporate banking, Finance and Insurance, Investment banking, Mortgage loans, Private banking, Wealth management, Credit Cards
Revenue 5,443.41 crore (US$850 million) (2016)
Operating income 1,235.42 crore (US$190 million) (2016)
Net income 567.63 crore (US$89 million) (2016)
Total assets 57,663.72 crore (US$9.0 billion) (2016)
Number of employees 7,211 (2016)
Capital ratio 11.79%