Karnataka Bank Personal Loan

Karnataka Bank offers a range of loan products to help you meet your financial obligations, personally and professionally. These loans cater to various requirements, with options such as:

• Insta Cash Loan

• Ravi Kiran Loan

• Xpress Cash Loan

• Vidya Nidhi

Each loan has unique features to suit your financial needs. Read on to learn more about the Karnataka Bank Personal Loan eligibility criteria, features, interest rates, and how you can apply for one.

Whether you need quick cash, a longer repayment period, or a higher loan amount, Karnataka Bank Personal Loan is the perfect solution. Here are a few key details to note. 

Disclaimer: The details mentioned are subject to change at the lender’s discretion.

Before availing a personal loan, you must be aware of Karnataka Bank Personal Loan interest rates. Remember that interest rates vary based on the loan amount and tenure you choose. Furthermore, your credit score and monthly income also impact loan interest rates. 

So, it is knowing the interest rates before you avail any loan is crucial. Here’s a brief glimpse of Karnataka Bank Personal Loan interest rates:

When availing a personal loan from Karnataka Bank, you need to know about its associated fees and charges. This is so because these charges can impact the total cost of your loan and your repayment ability.

Check out this table outlining fees and charges of Karnataka Bank Personal Loans.

Disclaimer: GST (Goods and Services Tax) will apply to all fees and charges. Please refer to the bank's website for detailed and updated information.

Karnataka Bank offers a range of financial products to meet your financial needs. However, amongst personal loans, it provides only a single type of loan called the KBL Xpress Cash Loan.

You can easily avail this unsecured personal loan online with minimal documentation and simple eligibility criteria. While you can get a maximum loan amount of up to ₹5 Lakhs, you get a maximum repayment period of up to 60 months. 

To be eligible to apply for a Karnataka Bank Personal Loan, you must meet the following criteria:

• You must be at least 21 years of age

• You must be either a government or private service employee, having worked for at least 6 months

• You must not have a pre-existing loan from Karnataka Bank

To avail a KBL personal loan, you must submit the following documents:

• Proof of Identity such as a Passport, Voter ID card, Aadhaar card, or Driving licence

• Proof of Residence such as a Passport, Utility bill, or Rental agreement

• Bank Statement for the last 3 months

• Last 3 month’s salary slip

• 2 passport-size photographs

To avail a Karnataka Bank Personal Loan, apply online using the steps mentioned below:

• Step 1: Visit the official Karnataka Bank website, and under the ‘Loan’ tab, click on the ‘Personal Loan’ section

• Step 2: Click on ‘Apply Now,’ and if you are an existing customer, log in using your credentials

• Step 3: Enter the OTP you received on your registered mobile number

• Step 4: Enter personal details such as name, email id, and mobile number, if you are a new member

• Step 5: Submit the application form and necessary documents

• Step 6: Get funds credited to your account after the bank verifies and approves your loan

You can also apply for a KBL personal loan offline by visiting the nearest Karnataka Bank branch and completing the application form.

To get in touch with Karnataka Bank customer care, you can call Karnataka Bank's customer care toll-free numbers at 1800 425 1444 and 1800 572 8031. Alternatively, you can also send an email to info@ktkbank.com. Make sure to state your query clearly.