Karur Vysya Bank EMI Calculator | KVB Interest Rates, Features

Karur Vysya Bank EMI Calculator is available here. calculate your Car, Home and personal Loan EMI amount on Karur Vysya Bank EMI Calculator. Know the KVB interest rates and tenure periods to calculate the Equated Monthly Installment. You can see the KVB Interest Rates in the below sections. Read the complete article to know the usage of the Karur Vysya Bank Personal Loan EMI calculator, KVB Car Loan EMI calculator, and KVB Home Loan EMI calculator.

Karur Vysya Bank EMI Calculator

The Karur Vysya Bank EMI Calculator is used to calculate the Equated Monthly Installment. Many people do not know how to use the Karur Vysya Bank EMI Calculator. To calculate the EMI of Car loan, Home loan and personal loan, you have to know the interest rates and tenure periods. Therefore, we are providing the interest rates and tenure periods of KVB in the below sections. So, you can calculate your Car Loan EMI on Karur Vysya Bank EMI Calculator.

Karur Vysya Bank is one of the famous banks in India. All over India, there are many Branches and ATM”s. The interest rates are also low in the Karur Vysya Bank. In Karur Vysya Bank EMI Calculator, you can calculate your personal, car and home loan EMI amounts. If you do not know the usage of the Karur Vysya Bank EMI Calculator, you can learn from the below sections. Hence, follow the below sections to find out the more details about Karur Vysya Bank EMI Calculator.

Click here: Karur Vysya bank Car, Personal, Home Loan EMI calculator.

KVB Personal Loan EMI Calculator

In KVB Personal Loan EMI Calculator, you can calculate your Personal loan EMI amount. If you do not How to use the KVB Personal Loan EMI Calculator, you can learn from the below points. For the sake of people, we are providing the Calculator in the below link. So, you can directly calculate your EMI. We are also providing the Interest rates in the below tables. Therefore, while calculating your EMI amount, you can use those interest rates. So, follow the below sections to know the usage of the Karur Vysya Bank EMI Calculator.

How To Use KVB Personal Loan EMI Calculator

  1. First of all, click the below link or go to the KVB Official Website.
  2. Search for the Calculator.
  3. Open the calculator when you find the link.
  4. Enter the necessary details on the calculator.
  5. Click on the calculate button after entering all the details.
  6. Then the Karur Vysya Bank EMI calculator for Personal loan displays the EMI amount on your screen.

So, to make use of the KVB EMI calculator for the personal loan, click the link below.

Click hereKarur Vysya Bank Personal Loan Calculator

Karur Vysya Bank Personal Loan EMI Interest Rates

Interest Rate 13.45% to 15.95%
Processing Fees 0.50% of loan amount or min Rs.500
Pre-Closure Charges Nil
Loan Tenure 4 Years

Tenure period KVB Personal Loan Interest Rates for MCLR per annum
Overnight MCLR 9.08%
1-month MCLR 9.41%
3-months MCLR 9.55%
6-months MCLR 9.54%
1-year MCLR 9.49%

Eligibility for KVB Personal Loan

The Individuals who want to apply for a Personal Loan in Karur Vysya Bank have to check their eligibility before applying. One should check their eligibility with the KVB eligibility criteria to get a personal loan in Karur Vysya Bank. For the sake of the people, we are providing the eligibility details of KVB personal loan in the below sections.

  •  The applicant’s age should be at least 21 years at the time of applying for a Personal Loan in Karur Vysya Bank.
  • At the time of the maturity of the personal loan, the applicant’s age should be 55 years.
  • He/She should be a self-employed or a salaried employee with a regular income.

 Documents Required for KVB Personal Loan

One should carry a particular set of documents to apply for the Karur Vysya Bank personal loan. Therefore, see the below list of documents for availing a personal loan from Karur Vysya Bank.

  • Karur Vysya Bank Personal loan application form with a photograph and self-attestation.
  • A copy of Passport, Voter ID and Driving License.
  • Bank Statement of the applicant along with bank passbook.
  • Processing Fee Cheque of the Karur Vysya bank Personal Loan Application.
  • The applicants latest salary pay slips and current salary certificate along with the form 16.

KVB Personal Loan Features

For Personal Loan, there are many features and advantages. People who want to apply for a personal loan in Karur Vysya bank have to know the features of personal. So, we are providing some of the features of a Personal loan in the below sections. Hence, follow the below sections to know the features.

Interest Rates

  • The Karur Vysya bank is offering very low-interest rates for Personal Loans. So, can easily return the money.

Loan Amount

  • The individuals can get loans in Karur Vysya bank according to their needs to fulfill their dreams.
  • The loan amount depends upon the individual’s financial standing.

Quick Loan Approval in KVB

  • The individuals can easily and quickly get loans in Karur Vysya Bank. The loan process in KVB is very simple. Therefore, you can save your time.

Paper Work

  • The loan process in Karur Vysya
  • Bank follows some paperwork. You need to submit some necessary documents to apply for a Personal Loan in Karur Vysya bank.

Networks

  • There are many Karur Vysya Bank Branches in India. You can apply for Personal Loan in any of your near branches.

KVB Home Loan EMI Calculator

The Karur Vysya Bank is offering Home loans now in EMI. The interested persons can apply for a Home Loan in KVB. There is no need to waste your time for loan applying. The loan process is very simple in Karur Vysya Bank. You can apply for a Home Loan due to the following reasons.

  • Construction of a New House.
  • For buying flats or plots under government authorities are developers.
  • To buy flats for construction.
  • For purchasing flats or houses that ar not older than 15 years.
  • To repair, modification, renovation or extension of flats or houses.

Many people do know about the Karur Vysya Bank Home Loan EMI Calculator. Before applying, you can know your EMI amount of your loan in KVB Home Loan EMI Calculator. If you do not know how to use the KVB Home Loan EMI Calculator, you can learn from the below sections. You can also see the KVB Home Loan Interest Rates on the below topics. Hence, follow the below topics to find out more details about Karur Vysya bank Home Loan EMI Calculator.

How To Use KVB Home Loan EMI Calculator

  1. Open the below Link or go to the Karur Vysya Bank Official Website.
  2. Find out the KVB Home Loan EMI Calculator link.
  3. Once if you get the link, then open the calculator.
  4. Enter the details like loan amount, tenure period, interest rates on the calculator.
  5.  Finally, a page with your Home Loan EMI amount appears on the screen.
  6. You can also check the EMI amount of different Loan amounts, interest rates and tenure periods.

The individuals who want to apply for a Home Loan in KVB can check their EMI amount in KVB Home Loan EMI can use the above steps to calculate. You can also see the below link to get the calculator on this page.

Click here: Karur Vysya Bank Home Loan EMI Calculator

KVB Home Loan EMI Interest Rates

Interest Rate 9.60% to 9.70%
Processing Fee Rs. 3750 to Rs. 12500 + ST
Loan Tenure 25 years
Pre-closure Charges Nil
Guarantor Requirement Required

Eligibility for Home Loan In KVB

Before applying for a Home Loan in KVB, the individuals have to check their eligibility with the below list. We are providing the eligibility criteria in the below sections. Therefore, you can see their eligibility from the below list.

  • Agriculturists are also eligible to apply for Home Loan in Karur Vysya bank.
  • The applicants can also avail maximum loan by adding spouse’s income.
  • Karur Vysya Bank is granting home loans for purchase of the vacant land, etc.
  • The applicant should earn 40% gross income after taking the loan.

Documents Required for KVB Home Loan

The individuals who are going to apply for a Home Loan in Karur Vysya bank have to gather the below documents. At the time of filing the application, you have to attach the below documents with the application. So, follow the below sections carefully to know the list of the documents.

  • If salaried employees, they have to submit their employment certificate and last six months salary certificate.
  • Income statement and latest income Tax returns are necessary for self-employed applicants.

Features of Home Loan in KVB

There are many features for a Home loan in Karur Vysya bank. For the sake of people, we are providing some of the features in the below sections. Therefore, the interested people can follow the below sections to know the features.

Insurance Cover

  • If the individual is interested, then he or she can avail SBI Life, BSLI or LIC along with the loan amount, where single premium must be paid by the individual.

Loan Security

  • The individuals are expected to provide the equitable mortgage of land and building as a primary security to the bank towards the home loan taken from the bank. As collateral security, the individuals can also provide LIC policies, NSC, bank deposits etc.

Tenure Period

  • In Karur Vysya Bank, the Maximum tenure period is 25 years along with the holiday period.
  • The maximum holiday period in Karur Vysya Bank is up to 12 months.

Interest Rates

  • The interest rate of MCLR plus in Karur Vysya bank is 0.85% per annum.
  • The home loan under CRE norms offered by KVB for a floating ROI of MCLR plus is 1.60% per yearly.

KVB Car Loan EMI Calculator

The KVB Car Loan Calculator is used to calculate the EMI amount of car loan. Many people do not know how to use the KVB Car Loan EMI calculator. To calculate the EMI amount, you need to know the interest rates and tenure periods of the Karur Vysya Bank. Therefore, we are providing the KVB Car Loan interest rates along with the tenure period in the below sections. So, you can use those interest rates to know your EMI amount. If you do not know how to use the calculator, you can learn from the below sections. To find out more information about Karur Vysya Bank Car loan EMI Calculator, you can see the below sections.

How To Use KVB Car Loan EMI Calculator

  • Click the below link or visit the Karur Vysya Bank official website.
  • Search for the KVB Car Loan EMI Calculator Link.
  • If you get the link, the open the calculator.
  • Enter the necessary details like interest rates, tenure period, and loan amount.
  • After entering all the details, click on the calculate button.
  • Finally, you can see your car loan EMI amount on the screen.
  • You can also calculate the EMI amount for different loan amounts and interest rates to get an idea.

People who want to know their car loan EMI can use the KVB Car Loan EMI Calculator. If you don’t know the process, you can follow the above steps. For the sake of people, we are providing the calculator in the below section. Therefore, you can open the below link to get the calculator on this page.

Click here: KVB Car Loan EMI Calculator

KVB Car Loan EMI Interest Rates

Interest Rate 11.40% (BR + 1.00%, i.e. 10.40% + 1%)
Maximum Loan Amount Rs.75.00 Lakhs
Minimum & Maximum Car Loan Tenure Minimum Tenure – 12 months and Maximum Tenure – 60 Months (5 years)
Processing Fees/Charge 0.40% – 1.00% of the sanctioned loan amount Or For Loans up to Rs.10.00 Lakhs – Rs.4000.00 + Service Tax For loans above Rs.10.00 Lakhs – Rs.8000.00 + Service Tax
Amendment Charges 0.25% on loan amount
EMI per Lakh (for 5 year loan tenure) Rs. 2337

KVB Car Loan Updated Interest Rates

Interest Rates 9.60% to 9.70%
Processing Fees Loans upto Rs. 10.00 lakhs – Rs. 2000/- + ST
Loans above Rs. 10.00 lakhs – Rs. 4000/- + ST
Loan Tenure Period 1 year to 7 years
Guarantor Requirement Guarantor required

 

Car Loan Interest Rates for EMI in Karur Vysya bank 
Overnight 9.85%
1 month 9.85%
3 months 9.85%
6 months 9.95%
1 year 10.05%

 Karur Vysya Bank Car Loan Eligibility

The people who are going to apply for a car loan in KVB have to check their eligibility once with the KVB Eligibility before applying for a loan. Many people do not know the eligibility details of Karur Vysya Bank. So, we are providing the Eligibility details in the below steps. Hence, follow the below sections to check your eligibility.

  • All the residents of India except the individual are engaged in the business of car hiring, rental can avail KVB mobile loan scheme.
  • The Flexi mobile loan is available now to the customers to purchase a new car for business or personal use but not for car hiring.

Documents Required For KVB car Loan EMI

The individuals have to collect the necessary documents before applying for a Car loan. Because without those documents the bank will not approve your Car loan. Therefore, we are giving the list of the necessary documents in the below sections. So, can easily collect the necessary documents from the below list. Hence, follow the below steps to know the KVB Car Loan Required Documents list.

  • Residence Proof.
  • KVB car loan application form along with the applicant photograph.
  • His/Her last 6 months bank statement.
  • Photo ID card with Age Proof.
  • In a case of a salaried employee, he or she should submit their last 3 months salary slips and income Tax Returns or Form 16.
  • If self-employed, they have to submit their last 3 years income tax returns with a computation of income and CA Certificate or Audited Balance Sheet with Profit and Loss Account.

Features of Car Loan In KVB

There are many features and advantages for a Car loan in KVB. Everyone should know the features, advantages, and benefits of car loan before applying for a loan. You can also calculate your car loan EMI amount on Karur Vysya Bank EMI Calculator. We are providing some of the features on this page. Therefore, you can know the advantages of a car loan in KVB from the below steps.

  • Having a guarantor is optional in Karur Vysya Bank. To increase the net worth, a Guarantor preferably family, friends or spouse is considered.
  • If the applicant is a salaried individual, then it is mandatory to deduct loan installments and interest on the car loan from the borrower’s salary.
  • In Karur Vysya bank, the collateral security is not necessary. Therefore, the Bank Deposits, NSC/KVP/LIC Policies, Land and Building deeds, etc., can be submitted to the Bank as collateral.
  • After the deduction of the salary, the EMI of the car loan should be 25% as a gross salary.

Updated: April 1, 2017 — 5:28 am

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