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Karur Vysya Bank Limited Home Loans

For meeting the home buying needs of the customers, there are many banks in India that have designed a slew of home loan products. Karur Vysya Bank is one such bank that comes with a host of home loan products to cater to the needs of the customers. Karur Vysya Bank Limited home loans are perfectly designed for the borrowers and boasts excellent repayment terms and rates. About Karur Vysya Bank Limited home loans

You can use Karur Vysya Bank Limited home loans for multitude of purposes. These home loans are ideal financing options to make your dream of homeownership true. With flexible repayment terms, affordable interest rates and smooth approval procedures, Karur Vysya Bank Limited home loans are there to make it simple for you to proceed in life.

Resident individuals of India, non resident Indians and Hindu Undivided Family (HUF) can be eligible for Karur Vysya Bank Limited home loans. The loans are particularly tailored through constant focus on customer requirements.

Features of Karur Vysya Bank Limited home loans

Given below are the key features of home loans offered by Karur Vysya Bank:

  • Karur Vysya Bank Limited home loan is a loan to assist you to finance your housing needs.
  • All individuals (including Hindu Undivided Family opening by Kartas and Non Resident Indians) are eligible for these loans.

Purposes of Karur Vysya Bank Limited home loans

Given below are the common purposes for which you can go for Karur Vysya Bank Limited home loans:

  • For construction of homes
  • For complete purchase of homes or flats (which are not older than 15 years) from contractors or individuals
  • For buying residential plots and construction of home thereon
  • For switching loan from another bank or housing finance institution
  • For betterment of present flats or houses
  • For buying flats or plots from a statutory agency
  • For renovation, maintenance or supplementary construction/extension

Security for Karur Vysya Bank Limited home loans

For male borrowers, a third party assurance and for female borrowers, personal security of father or husband will work as security against home loans offered by Karur Vysya Bank Limited.

Maximum amount of loan

The maximum amount that you can get from Karur Vysya Bank Limited as a home loan is Rs.20 lakhs.

The innovative ranges of home loan products launched by Karur Vysya Bank Limited are top-notch financial solutions to cater to all the requirements of the borrowers. Non Resident Indians are also using these home finance schemes to purchase a property in India. With more than 90 years of tradition and glory in the Indian banking industry, Karur Vysya Bank is there for every financial need you may have at different stages of your life.

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