|Age||From 21 to 55 years||From 21 to 55 years|
|Loan Tenure (Min-Max)||From 1 to 5 years||From 1 to 5 years|
|Interest rate||11.45% to 13.95% per annum||11.45% to 13.95% per annum|
|Processing Fee||It is 0.50% with the least amount of Rs.250/-||It is 0.50% with the least amount of Rs.250/-|
|Loan Amount (Min-Max)||From Rs.25,000/- to Rs.5 lakhs||From Rs.25,000/- to Rs.5 lakhs|
|Foreclosure Charges||It will be 1% of the remaining balance for constant rate of interest||It will be 1% of the remaining balance for constant rate of interest|
For all your valid personal requirements Karnataka Bank has come up with eye catchy interest rates on the personal loan. There are many factors on which Karnataka Bank will decide the personal loan rate of interest like your relationship with the bank, the capability of repayment or entire resources. Thus the bank provides personal loans for various measures of tenures.
Before availing for the Karnataka bank personal loan one should be acknowledged with these many things: