Karnataka Bank Loans

Karnataka Bank loans are available to all bank customers. The bank offers its customers a bouquet of loans that cater to all economic segments. Every loan scheme is tailored to the need of the applicant.

Type of Loans

Karnataka Bank loans are of the following types:

• Apna Ghar Home Loans: This Karnataka Bank home loan is given for persons who wish to construct a house or buy a flat. Maximum loan amount is Rs. 50,00,000 per borrower. A low rate of interest adds to the attraction of the Apna Ghar Home Loan.
• Varthak Loans: This loan is granted for the financing of working capital. This type of loan is ideal for distributors, stockists, commission agents, and traders.
• Loans for Salaried Persons: Employed persons may take the loan for purchasing consumer durables and other essentials for personal home use.
• Niveshan Loan: This loan is given for purchasing a new house. Loan amount is, however, restricted to Rs. 15 lakhs.
• K-Power: Loans given through ATMs. Maximum loan amount is Rs. 15,000.
• Vidyanidhi Education Loan Scheme: This Karnataka Bank education loan can be taken for financing studies both within India and outside the country. Money for hostel boarding and air travel fees are given.
• Car Finance Scheme: Karnataka Bank car loans are granted for all types and price range of vehicles. A maximum of 80% of the car price can be given as loan.
• Easy Ride: This loan is for purchase of two-wheelers. It is granted to professionals, individuals, and companies.
• Udyog Mithra: This loan is ideal for professionals who wish to expand their professional capacities. The loan money can be utilized to purchase computers and furniture.