50 Lakh Karnataka Bank Home Loan

Securing a home loan can often be daunting due to the complexities involved, such as navigating through intricate financial terms, understanding interest rates, and managing repayment schedules. Karnataka Bank offers a ₹50 lakh home loan with competitive interest rates starting at 8.60% per annum. This loan provides borrowers with the flexibility of repayment over a period of up to 30 years, coupled with minimal processing fees and no prepayment charges. Karnataka Bank strives to simplify the home-buying journey.

50 Lakh Home Loan Karnataka Bank – Highlights

Below are the highlights of a ₹50 lakh home loan from Karnataka Bank:

50 Lakh Home Loan EMI For 5 Years Karnataka Bank

50 Lakh Home Loan EMI For 10 Years Karnataka Bank

50 Lakh Home Loan EMI For 15 Years Karnataka Bank

50 Lakh Home Loan EMI For 20 Years Karnataka Bank

50 Lakh Home Loan EMI For 25 Years Karnataka Bank

50 Lakh Karnataka Bank Home Loan – Fees and Charges

For a ₹50 lakh home loan from Karnataka Bank, the following fees and charges apply:

• Processing fees range from 0.50% to 2.00% of the loan amount.
• No pre-closure or part-payment fees are applicable.

50 Lakh Karnataka Bank Home Loan – Documents Required

For a ₹50 lakh home loan with Karnataka Bank, applicants must provide:

• KYC documents (PAN card, Aadhaar card, Passport)
• Proof of income (salary slips, income tax returns)
• Property documents (details of the property)
• Bank statements

50 Lakh Karnataka Bank Home Loan – Eligibility Criteria

You’ll need to meet a few basic requirements to turn your dream of buying a home into reality with a Karnataka Bank home loan of ₹50 lakh. First and foremost, you must be a resident of India and at least 18 years old. When it comes to income, salaried individuals should have a regular monthly salary of ₹10,000 or more. In contrast, self-employed individuals must demonstrate a verifiable annual income of at least ₹1,20,000.