KVB Bank Home Loan Interest Rate

I want to know the Interest Rate on Home Loan in Karur Vysya Bank so will you please tell me?

[pawan]

The Karur Vysya Bank offers home Loan for construction of Independent Houses, purchase of plat or plot.

If you are a resident Indian or HUF and want to purchase a house they have an exclusive Happy Home Loan scheme to cater your needs.

Home Loan Interest Rate

Rate of Interest 9.00% p.a. (One year MCLR)

Processing Charges

Loans upto Rs. 25.00 lakhs Rs. 2500/- + GST
Loans between Rs. 25.00 lakhs & Rs. 50 lakh Rs. 5000/- + GST
Loans above Rs. 50.00 lakhs Rs. 7500/- + GST

Margin

25.00%- For New Houses/Flat
30.00%- For Old Houses/Flat (Repayment up to 15 Years)
35.00%- For Old Houses/Flat (Repayment above 15 Years)
(* Relaxation available based on merits)

Maximum Repayment Tenor-
25 Years (Including Holiday Period) - EMI

Maximum Holiday Period - 12 Months

SCHEME ROI (floating) p.a.
Housing loan One-year MCLR + 0.85%
Housing Loan under CRE norms One-year MCLR + 1.60%

Customer service: 1860 200 1916