1 Crore Home Loan Karnataka Bank

If you want luxury, Karnataka Bank is here to support your dream of grandeur with the Karnataka Bank 1 crore home loan. This substantial loan lets you purchase or construct a luxurious home, ensuring you live comfortably and in style. With competitive interest rates and flexible repayment options, Karnataka Bank makes it easier to turn your dream home into reality. Whether you plan to buy a high-end property or construct a bespoke residence, the 1 crore home loan from Karnataka Bank is to meet your financial needs.

1 Crore Home Loan Karnataka Bank – Highlights

Key features of the Karnataka Bank 1 crore home loan are given below:

1 Crore Home Loan EMI for 5 Years Karnataka Bank

For a 1 crore home loan from Karnataka Bank, knowing the EMI helps you budget your monthly expenses. The table below shows the EMI calculation for a 5-year tenure at an interest rate of 9.93%:

1 Crore Home Loan EMI for 10 Years Karnataka Bank

A 10-year tenure provides a balanced approach to repaying a significant loan amount. Here is the EMI calculation for a 1 Crore Home Loan from Karnataka Bank at a 9.93% interest rate over 10 years:

1 Crore Home Loan EMI for 15 Years Karnataka Bank

Choosing a 15-year tenure can make the EMI more manageable. Below is the EMI calculation for a 1 crore home loan from Karnataka Bank with a 9.93% interest rate over 15 years:

1 Crore Home Loan EMI for 20 Years Karnataka Bank

For those who prefer a longer tenure, the 20-year EMI calculation for a 1 crore home loan from Karnataka Bank at a 9.93% interest rate is provided below:

1 Crore Home Loan EMI for 25 Years Karnataka Bank

A 25-year tenure offers the longest loan repayment period, lowering the EMIs. The EMI calculation for a 1 crore home loan from Karnataka Bank at a 9.93% interest rate over 25 years is shown below:

1 Crore Karnataka Bank Home Loan – Fees and Charges

Fees and charges associated with the Karnataka Bank 1 crore home loan are below:

1 Crore Karnataka Bank Home Loan – Documents Required

The required documents for the Karnataka Bank 1 crore home loan application are listed below:

• Proof of identity (Aadhaar, PAN, Passport)
• Proof of address (Utility bill, Aadhaar, Passport)
• Income proof (Salary slips, IT returns, Bank statements)
• Property documents (Sale deed, Title deed)
• Passport-size photographs

1 Crore Karnataka Bank Home Loan – Eligibility Criteria

Here are the eligibility requirements described by Karnataka Bank 1 crore home loan:

• Must be an Indian resident.
• The applicant must be at least 18 years old at the time of application.
• NRIs with a valid Indian passport can also apply.
• Salaried individuals must earn a minimum monthly salary of ₹10,000.
• Businessmen and self-employed individuals should have an annual income of at least ₹1,20,000.