The current home loan interest rate at Karur Vysya Bank starts from 7.15%, with effect from 7th June 2021. 

Karur Vysya Bank Home Loan Interest Rates

Happy Home Loan

  • Minimum 7.35% 
  • Maximum 9.55%

NRI Gruhapravesh Home Loan

Top-up Home Loans

  • Minimum 8.05% 
  • Maximum 8.25%


Karur Vysya home loan interest rates are linked to External Bench Mark Repo Rates. Note that there are no foreclosure fees or part-prepayment charges for all home loans under floating rate of interest. 

Key Points to Know about Karur Vysya Bank Home Loan Interest Rates:

  • The interest rate depends on the applicant’s profile like credit score, existing loans, loan amount, income, employment, etc. 
  • You can negotiate with the bank to reduce your interest rates by adding a co-applicant, furnishing proof of additional income, offering larger down payment and so on. 
  • If you opt for a floating rate home loan, the interest rate varies depending on external REPO rates. On the other hand, for fixed-rate home loans, the interest remains the same during the entire loan tenure, irrespective of market conditions. 

Check your eligibility for home loans from Karur Vysya Bank

Smart Home Loan Tips

Note that even a slight reduction in the home loan interest rate can significantly reduce the EMIs (and overall loan amount). So, make sure that you compare home loan interest rates at different lenders and choose the deal that offers you the best interest rates. 

Additional Read: Smart Tips for Home Loan Borrowers to Protect themselves from Interest Rate Hikes