Karur Vysya Bank
Right House will guide you how to avail a home loan from Karur Vysya Bank
All Resident Individuals and HUF (opening through Kartas).
Maximum Loan Amount | Rs.500.00 Lakhs |
Margin | 25.00%- For New Houses/Flat 30.00%- For Old Houses/Flat (Repayment up to 15 Years) 35.00%- For Old Houses/Flat (Repayment above 15 Years) (* Relaxation available based on merits) |
Maximum Repayment Tenor | 25 Years (Including Holiday Period) – EMI |
Maximum Holiday Period | 12 Months |
ROI | Click Here |
Primary Security | Equitable Mortgage of Land & building |
Collateral Security | Optional (NSC/KVP/LIC Policies, Bank Deposits, Land & Building etc.,) |
Guarantee | A suitable Guarantor with sufficient net worth , acceptable to the Bank (preferably spouse or family members or friends) |
Insurance Coverage for the Borrower | Available to the extent of Loan amount with LIC, SBI Life and BSLI as SINGLE PREMIUM payable by the Borrower. (Available if the borrower is interested) |
Processing charges | Rs.7500.00+ST for Loans up to Rs.25.00 Lakhs Rs.15000.00 +ST For loans between Rs.25.00- Rs.50.00 Lakhs Rs.25000.00+ST for loans above Rs.50.00 Lakhs |
Other Terms & conditions |
For more details : Karur Vysya Bank
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