90 Lakh Home Loan From Karur Vysya Bank

90 Lakh Home Loan Karur Vysya Bank – Highlights

Karur Vysya Bank’s ₹90 Lakh Home Loan stands out for its transparency, adaptability, and borrower-friendly policies. These features ensure that borrowers enjoy flexible repayment structures for all residential needs. Here is a quick overview of the loan highlights:

90 Lakh KVB Home Loan EMI for 5 Years

A 5-year tenure for the Karur Vyasya Bank 90 Lakh home loan means a faster repayment cycle and significant interest savings. Here is a financial breakdown of the same:

90 Lakh KVB Home Loan EMI for 10 Years

A 90 Lakh Home Loan from Karur Vysya Bank helps reduce the monthly EMI burden for 10 years, and balances the overall interest cost.

90 Lakh KVB Home Loan EMI for 15 Years

Here is a comprehensive financial breakdown for a ₹ 90 Lakh Home Loan from Karur Vysya Bank, spread over 15 years.

90 Lakh KVB Home Loan EMI for 20 Years

Opting for a 20-year home loan tenure with Karur Vysya Bank enables borrowers to make a balanced choice between monthly instalment payments and total interest payable. Here is the breakdown of the same:

90 Lakh KVB Home Loan EMI for 25 Years

A 25-year loan tenure is ideal for those seeking the lowest possible EMI every month, particularly for individuals starting their careers or those with limited monthly funds.

90 Lakh Karur Vysya Bank Home Loan – Charges

For the 90 Lakh home loan from Karur Vysya Bank, the borrowers will have to pay a processing fee of INR 10,000, excluding GST. Fortunately, there are no prepayment or foreclosure charges, allowing you to pay the loan in flexible terms. In the event of EMI delays or defaults, a penalty interest of 2% per month is charged on the overdue amount, and the bank will fund approximately 75% to 80% of the property value.

90 Lakh Karur Vysya Bank Home Loan – Documents Required

If you want to speed up the loan application process, you have to submit multiple documents proving your identity, financial standing and the cost of the home. To showcase your identity and age, you will need to submit your Aadhaar Card, PAN Card, Passport, and Ration Card. You must prove financial stability with the latest salary slips for three to six months, your Income Tax Return (ITR), and bank statements. Borrowers will need to share copies of the title deed, sale agreement, NOCs, and approved building plans to verify the cost of the home or flat. This will help you expedite the overall process of getting approved for a ₹ 90 Lakh home loan from Karur Vysya Bank.

90 Lakh Karur Vysya Bank Home Loan – Eligibility Criteria

To qualify for a ₹75 lakh home loan from Karur Vysya Bank, you must meet specific eligibility norms set by the lender. These criteria help assess your repayment ability and financial profile:

• Between 21 and 65 years of age
• Available to Indian Residents
• Open to salaried individuals, self-employed professionals, business owners, and retired pensioners
• Monthly income of at least 35,000 to 50,000
• Credit score above 750
• Net take-home income of 25%