80 Lakh Home Loan Karnataka Bank

With competitive interest rates ranging between 8.60% and 10.62% per annum, the Karnataka Bank 80 lakh home loan is an attractive option for individuals looking to craft their dream home but in need of urgent funds. The loan tenure of up to 30 years plays a major role in budget-friendly EMIs, making expenses manageable. The applicant can also leverage the tax benefits associated with this loan scheme and avail of a loan of up to 7.5 crores, ensuring enough funds are available for home purchases, construction, renovations, and repairs. Continue scrolling through and learn more about the eligibility and the EMI over a tenure of 10 and 20 years for the Karnataka Bank 80 lakh home loan.

80 Lakh Karnataka Bank Home Loan – Highlights

Take a look at the table below to understand the 80 lakh Karnataka Bank home loan highlights:

80 Lakh Karnataka Bank Home Loan EMI For 5 Years

Let us calculate the EMI over a tenure of 5 years on the 80 lakh Karnataka Bank home loan:

80 Lakh Karnataka Bank Home Loan EMI For 10 Years

The EMI on the 80 lakh Karnataka Bank home loan over a tenure of 10 years is mentioned in the table below:

80 Lakh Karnataka Bank Home Loan EMI For 15 Years

Refer to the table below to calculate the EMI on the 80 lakh Karnataka Bank home loan if availed for a tenure of 15 years:

80 Lakh Karnataka Bank Home Loan EMI For 20 Years

The EMI over a tenure of 20 years on the 80 lakhs Karnataka Bank home loan is given below:

80 Lakh Karnataka Bank Home Loan EMI For 25 Years

Over a tenure of 25 years, the EMI on the 80 lakh Karnataka Bank home loan is mentioned below:

80 Lakh Karnataka Bank Home Loan – Fees & Charges

The charges associated with the 80 lakh Karnataka Bank home loan are given in the table below:

80 Lakh Karnataka Bank Home Loan – Documents Required

Ensure you have the mandatory documents available if you wish to avail of an 80 lakh Karnataka Bank home loan:

• PAN Card
• Customer ID or the number of the debit card
• Photocopy of KYC Documents
• For Salaried Individuals – Bank account statement of last 12 months
• For Non-Salaried Individuals – Scanned copy of last 12 months’ bank account statement

80 Lakh Karnataka Bank Home Loan – Eligibility Criteria

Refer to the points given below to ensure you meet the eligibility criteria for the 80 lakhs Karnataka Bank home loan:

• Age – Between 18 and 60 years
• Minimum Monthly Income of Salaried Individuals – Rs 10,000
• Minimum Annual Income of Self-Employed Individuals – Rs 1,20,000
• Minimum Monthly Income For NRI Salaried Individual – Rs 40,000
• Minimum Gross Income For NRI Self-Employed Individual – Rs 4,80,000