Karur Vysya Bank Personal Loan

With affordable interest rates, Karur Vysya Bank offers personal loans. Additionally, Karur Vysya Bank provides paperless digital loan processing along with online, quick personal loan. Karur Vysya Bank with interest rates starting at 6.82% onwards. A maximum loan from upto 75 lacs with a maximum 1 to 6 year repayment period is available to you.

Interest Rate 6.82% onwards
Maximum Loan upto 75 lacs
Processing Fees 1.50%
Maximum Loan Tenure 1 to 6 year

Loan Disbursal in 3 hrs*
100% Online Process

A Four-Step Guide to Efficient Financing

1
Complete Your Basic Details
2
Check Your Soft Eligibilty
3
Complete Your Details
4
Get Disbursal in account



Karur Vysya Bank Personal Loan EMI Calculator

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Documents Required for Karur Vysya Bank Personal Loan 

The following documents must be presented with your application and Karur Vysya Bank Loan details: 


  • Application form with a photograph and the applicant's signature

  • Copies of your voter ID card, passport, and licence

  • A check for the processing fee

  • 3 most recent months' worth of bank statements and 6 most recent months' worth of passbooks

  • Most recent salary slip

  • A certificate of employment with a current date and the most recent Form 16


In accordance with the borrower's needs, Karur Vysya Bank Loan offers personal loans in 5 categories, each of which has a separate eligibility requirement. For instance, borrowers must be salaried and make a minimum yearly net take home wage of Rs. 1.80 lakh in order to be eligible for a personal loan for travel—whether for business or pleasure. You can choose between secured and unsecured Karur Vysya Bank Personal Loan Interest rate. 

Feature and Benefits of Karur Vysya Bank Personal Loan 

Here are the following feature of Karur Vysya Bank Loan : 


  • All borrowers, including paid people, people who are self-employed, and other professions, have access to these personal loans.


  • The purpose of loan programmes is to meet the needs of the client in a variety of ways, including travel, family function costs, educational costs, medical costs, and much more.


  • Secured loans are also available. You can receive quick cash with secured loans by pledging gold jewelry as security or by using the Insta Loan and Quick Loan features.


  • Duration of repayment: up to 60 months.


Process of applying Karur Vysya Bank Personal Loan 

Here are the process of applying : 


  • Visit the official website Fincrif.com .

  • Firstly , login with your name and number .

  • Then fulfill your employment type.

  • Verify OTP.

  • Upload all the documents and submit .

  • Last , you will get a call from the Fincrif team and help you to proceed next.


Frequently Asked Questions ( FAQ ) 

  1. An eligibility calculator for personal loans is what?

ANS. The tool on the bank's website that estimates the amount of credit that can be granted to a person based on their eligibility is the personal loan eligibility calculator.

  1.  How much does a Swarnamitra personal loan require as a down payment?

ANS.  Swarnamitra's personal loan has a 5,000 rupee minimum loan amount.

  1.  What extra criteria are there for non-individual employees to be eligible for Instant Loans?

ANS.  Non-individual employees working under the Insta Loans programme must also be employed by a company that has been in operation and turning a profit for at least three years. This is another condition for eligibility.


  •  12.0% per annum in interest.

Eligibility Criteria Karur Vysya Bank Personal Loan 

These are the list of KVB Personal Loan eligibility : 

Age Range:

  •     25 to 60 Years for Salaried

  •     25 to 60 years for self-employed

Credit Score :

  •  750 or higher 

Minimum monthly net income:

  •  Rs. 20,000

Work experience:

  •  1 year of job security for salaried individuals

  • 2 years of consistently profitable self-employment 

Fees and Charges of Karur Vysya Bank Personal Loan 

Processing FeeFor Personal loan: 1.50% of the borrowed amount For Insta loan: 0.50% of the borrowed loan amount or INR 1,000 at maximum + GST.
Foreclosure ChargesNot applicable when you avail of a personal loan at a floating interest rate

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