An Indian wedding is an expensive affair and you may not be able to bear all the expenses with your savings. Opting for Karnataka Bank Marriage Loan is an ideal and the most convenient way to deal with all the wedding- related expenses without going through the embarrassment of asking money from the relatives. At Karnataka Bank, you can avail a marriage loan of upto Rs. 5 lakh and can repay it maximum by 60 months.
Interest Rates
The interest rates offered by Karnataka Bank on a marriage loan starts from 12% and goes upto 17%. The interest rate that you get from the bank depends upon your credit score, age, employer, repayment history, etc.
Eligibility Criteria
- You should be at least 21 years old
- You should either be a government or a private sector employee
- You should have a minimum working experience of 6 months
- You should not have an existing unsecured loan from Karnataka Bank
Documents Required
- Proof of Identity like Passport/ PAN Card, Aadhar card, Voter’s ID, Driving License
- Proof of Residence like Utility Bill, Passport or Leave and License Agreement
- Bank Statement for the last 3 months with income details
- Salary slip for the last 3 months
- 2-3 Passport Size photographs
EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Personal Loan at Attractive Interest Rates Apply Now
FAQs
Q. How do I get in touch with Karnataka Bank customer care?
- You can call on 1800-425-1444 or 080-220-215-07/08/09
- You can send an email on info@ktkbank.com
Q. How can I apply for Karnataka Bank marriage loan offline?
Ans. You can visit the nearest branch to apply for Karnataka Bank personal loan offline. You can locate the nearest branch here.
Q. What should be my minimum credit score to apply for Karnataka Bank Marriage Loan?
Ans. Your credit score should be at least 750 to apply for Karnataka Bank Marriage Loan.