Karnataka bank Home Loan : Rupee Times

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Karnataka bank Home Loan

Introduction

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.

Highlights

Interest Rate	0%
Loan Amount	• 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.
Tenure	Max. - 15 Yrs.

Interest Rates

Tenure	Interest Type	Interest Rate	Offer
1 - 15 Yrs.	Floating	10.75 %	Regular (Above Rs.200 lakhs upto 300 lakhs - 10.75% Above Rs 300 lakhs and up to Rs. 500 lakhs -10.75%)

Fees & charges

Security

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