Karnataka Bank provides Home loan under the scheme name KBL apna Ghar for a)Construction / purchase of house / flat.
b) Renovation / remodeling / repair to existing house / flat.
• 20% for construction of a house on a land already owned.
• 25% of the total cost in the case of a house / flat not older than 5 years.
• 30% of the total cost in the case of a house / flat over 5 years old but not older than 20 years.
• 30% of the cost for renovation / repair, subject to maintaining 40% margin on the value of the house / flat.