35 Lakh Home Loan From Karur Vysya Bank

A ₹35 Lakh Karur Vysya Bank Home Loan is your gateway to securing your dream house at flexible terms without any massive financial hassle. Using these funds, you can construct or purchase a home in any well-reputed society. The bank focuses on customer-friendly solutions and simplified documentation, making it ideal for those seeking quick loan approval and disbursement. Backed by Karur Vysya Bank’s strong legacy and digital-first processes, it ensures a smooth, responsive borrowing experience from start to finish. Enjoy low interest rates and full transparency when applying for the home loan.

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35 Lakh Karur Vysya Bank Home Loan EMI Calculator

  • 5 Lac
  • 20 Cr
Years
  • 5
  • 30
%
  • 6
  • 20

Monthly Loan EMI

Payment Breakdown:

Principal Amount

₹35,00,000

Interest Payable

Total Amount Payable

Written By
Bhavya Kamra
Bhavya Kamra
With a background in commerce and a strong affinity for numbers, Bhavya is dedicated to delivering accurate financial insights in her blog. She avidly reads finance magazines and articles to stay updated on the latest market trends. Currently crafting content for Urban Money, Bhavya aims to offer practical financial tips and simplify complex subjects into easy-to-understand steps.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

35 Lakh Home Loan Karur Vysya Bank – Highlights

Here are some major highlights and features of the ₹35 Lakh Karur Vysya Bank Home Loan that make it the superior choice amongst other competitors:

Feature Details
Purpose of Loan Purchase, construction, extension, or renovation of residential properties
Loan Amount 90% of Property Cost
Margin Requirement 10-30%
Interest Range 8.40% to 10.25%
Repayment Tenure 30 Years
Security Required Mortgage of the property financed

35 Lakh KVB Home Loan EMI for 5 Years

Choosing to pay off your home loan in 5 years can help you save lots of interest money and get rid of financial obligations as soon as possible. Here is a glance at your financial analysis for the same:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payable
₹3,500,000 9.15% p.a. 20 years ₹31,829 ₹41,38,923 ₹76,38,923

35 Lakh KVB Home Loan EMI for 10 years

With a 10-year tenure, you can maintain financial stability through moderate EMIs while accelerating your journey to becoming debt-free. Here is your financial plan for a 35 Lakh Home Loan from Karur Vysya Bank, to be paid off in a decade:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payable
₹3,500,000 9.15% p.a. 10 years ₹44,621 ₹18,54,538 ₹53,54,538

35 Lakh KVB Home Loan EMI for 15 years

Here is a breakdown of your financial expenses over 15 years for a 35 Lakh Home Loan from Karur Vysya Bank:

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payable
₹3,500,000 9.15% p.a. 15 years ₹35,812 ₹29,46,218 ₹64,46,218

35 Lakh KVB Home Loan EMI for 20 years

If you choose to pay off your Karur Vysya Bank’s 35 Lakh Home Loan within 20 years, here is a glimpse of the EMI payment to be made, along with the total interest payable.

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payable
₹3,500,000 9.15% p.a. 20 years ₹31,829 ₹41,38,923 ₹76,38,923

35 Lakh KVB Home Loan EMI for 25 years

Stretching your loan over 25 years means lower EMIs, providing more flexibility in your monthly budget, but it also increases the interest payable. Here is the EMI and interest payable for a 35 Lakh Home Loan from Karur Vysya Bank over 25 years.

Loan Amount Interest Rate Loan Tenure EMI Amount Total Interest Payable Total Amount Payable
₹3,500,000 9.15% p.a. 25 years ₹29,732 ₹54,19,665 ₹89,19,665

35 Lakh Karur Vysya Bank Home Loan – Charges

When applying for or closing your loan, you may be required to pay certain mandatory charges as per the bank’s guidelines. These help in quick processing and proper registration of your home loan. These charges include:

Charge Type Details
Processing Fee ₹5,000 + GST
Prepayment / Foreclosure Nil
Legal & Documentation Fees No separate standard fee
Valuation Charges May apply according to the property type
Penal / Late Payment Charges Applicable as per the bank regulations
GST 18%

35 Lakh Karur Vysya Bank Home Loan – Documents Required

Here is a list of documents that you will be asked to provide while applying for the 35 Lakh Karur Vysya Bank Home Loan:

Document Category Details
Identity, Age and Address Proof PAN Card, Aadhaar Card, Passport, Voter ID, Driving Licence, Ration Card or Utility Bills
Income Proof – Salaried Latest 3 months’ salary slips, 6 months’ salary credited bank statements, Form 16 or ITRs
Income Proof – Self-employed Latest 2 years’ ITRs with computation, balance sheet & P&L account, 6 months’ bank statement
Employment Proof (If Employed) Employment ID Card / Appointment Letter / Experience Certificate
Business Proof( If Self-employed) Business registration licence, GST certificate, or company PAN
Photographs Recent passport-size photographs (2 copies)
Property Documents Agreement to Sale / Registered Sale Deed, Approved Building Plan, Encumbrance Certificate (EC), NOC from Society
Bank Statement Last 6 months’ bank statement

35 Lakh Karur Vysya Bank Home Loan – Eligibility Criteria

To be eligible for a ₹35 Lakh Karur Vysya Bank Home Loan, applicants should prove their Indian nationality. The applicant must be between the ages of 18 and 65 and have a stable income source, such as from a business or job. To prove this, they will have to submit their CIBIL score and other financial documents. The property being financed must also comply with all legal and technical parameters as evaluated by the bank.

Frequently Asked Questions (FAQs)

What is the EMI for a 35 Lakh Home Loan for 20 years in Karur Vysya Bank?

The EMI payment for a 35 Lakh Karur Vysya Bank Home Loan over 20 years stands at INR ₹31,829.

Who is eligible for a 35 Lakh Home loan in Karur Vysya Bank?

The loan is available to salaried individuals, self-employed professionals, business owners, and pensioners who are Indian residents aged between 23 and 65 years.

What is the monthly interest rate of a 35 Lakh home loan in Karur Vysya Bank?

The monthly interest rate for a ₹35 Lakh home loan from Karur Vysya Bank is 0.75%., with the final rate depending on the borrower’s credit profile and overall eligibility.

Loan Offers By Karur Vysya Bank's

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