Personal Loan Secured Others

KVB - Personal Loan Secured Others caters to the fast-growing Personal and business financial needs. The loan can be availed both as Term Loan (EMI) and as an Overdraft Facility. The process is entirely paperless. In principle, approval can be provided in 15 minutes subject to the satisfaction of CIBIL and rating scores.

Features and Benefits
  • Resident individuals and NRIs are eligible for this loan.
  • KVB - Personal Loan Secured Others shall be granted for general purposes like Personal, Consumption, Education, Health, Business, etc., other than speculative purposes.
  • The property should be owned by individuals only and if owned jointly, Title holders to join as Co-applicants.
  • Process is paperless, quick and convenient.
  • In principle sanction provided in 15 minutes subject to the satisfaction of CIBIL and rating scores.
Charges and Limits

KVB - Personal Loan Secured Others

Loan Amount Rs. 10 Lakhs to Rs. 300 lakhs
Maximum Repayment Tenor 100 Months - EMI (Term Loans)
Holiday Period Nil
Primary Security Equitable mortgage (Fresh Charge) by deposit of title deeds.
Guarantee A suitable Guarantor with sufficient net worth, acceptable to the Bank.
Processing Charges 0.50% of loan amount.
Fore Closure Charges 2% on the amount prepaid.
Other Terms & Conditions
  • Eligibility shall be arrived based on the latest three years average income, as declared in ITR.
  • Minimum Income of Rs.15,000/- per month.
  • Mandatory undertaking from the borrower/s to effect that the loan / limit will not be for speculative purposes.
  • Residential & commercial buildings owned by resident Indians will be accepted as securities.
  • Agricultural properties, Factories, Godowns, Cinema Halls, Schools, Restaurants, etc., will not be accepted as securities.
Interest Rate

To check all Interest rate: Click here

Internet Banking Login

Buy Insurance
Online

Open online account

Open Account
(Online)

Loan Repayment

Loan Repayment

Internet Banking Login

Internet Banking
(Login)

SME Login

SME
Apply Now

Institutional Fee Payment

KVB
édu-COLLECT

Facebook

Facebook

Youtube

Youtube

Instagram

Instagram

Twitter

Twitter

Linkedin

Linkedin

Live ChatLive Chat