Key Highlights of Karur Vysya Bank home loan of Rs.25 lakhs

Interest Rate

7.35% to 9.55%

Processing Fees for a loan of Rs.25 lakh

Rs.5000 plus applicable GST

Loan Tenure

Maximum of 25 years

Pre-closure

Nil

Guarantor Requirement

Required in case mandated by the bank

 

Also Read: Features & Benefits of Karur Vysya Bank Home Loan

Karur Vysya Bank(KVB) Home Loans are packed with exclusive benefits and are tailored to the demands of different individuals. Home Loans are available to anyone who wants to buy a house, land, or plot, or who wants to build a house on their plot.

What is the interest rate on a Rs.25 lakhs home loan from Karur Vysya Bank?

Karur Vysya Bank offers MCLR based interest rates on their home loans. The latest home loan rates are: 

Note: External Bench Mark Repo linked Rate w.e.f: 07.06.2021 is 7.35%

Home Loan Details

Interest Rate

Happy Home Loans / KVB Gruhapravesh for NRIs

Minimum 7.35% to Maximum 9.55%

Check your eligibility for a home loan here!

Key Features Of Karur Vysya Bank Home Loans

  • Available for both resident Indians and NRIs
  • In-principle approval in just 15 minutes if you have a great credit score
  • Interest rates starting from just 7.35%
  • Enjoy 24 months of moratorium period
  • No prepayment charges for loans taken under floating rate of interest
  • Maximum repayment period of 25 years

EndNote: 

Karur Vysya Bank has been in the lending business for more than a century, offering the best interest rate for their customers. Home loans from the bank can be utilized to buy a house or plot, repairs or renovations and also for the construction of houses.