Looking for a Business Loan from Karur Vysya Bank (KVB)?

You have landed at the right place. We have summarized the loans from the bank for you on this page.

Corporate Business Loans from Karur Vysya Bank

One of the few century-old banks in India, Karur Vysya Bank offers a wide range of finance products to different segments of its customer base. The bank has a wide range of funded and non-funded facilities for its retail, corporate, MSME, NRI and other customers. As of September 2020, the bank offers fifteen business loans to its corporate customers as can be seen from its website.

These fifteen corporate business loans from Karur Vysya Bank are:

  1. Easy Trade Fin
  2. Swarnamitra
  3. Varthaga Mitra
  4. KVB Transport Plus
  5. KVB Pharma Plus
  6. KVB Steel Plus
  7. KVB Textile Plus
  8. KVB Timber Plus
  9. KVB Construction Plus
  10. KVB Rice Plus
  11. KVB Commodity Plus
  12. KVB Food and Agro Process Plus
  13. POS Plus
  14. KVB Rent Fin
  15. KVB Mortgage Loan

We give you a brief intro to the business loans below.

Karur Vysya Bank Easy Trade Fin

This loan scheme is designed to help sole proprietors and partnership firms engaged in trading meet their working capital needs. The minimum turnover for traders to be eligible for this loan is Rs. 1 crore.

Features of Karur Vysya Bank Easy Trade Finance

Why this Loan?

  • The Karur Vysya Bank Easy Trade Fin loan scheme can be availed by individuals, proprietors and partnership firms for all projects and activities related to running the business on a day-to-day basis
  • The maximum loan amount sanctioned under this loan scheme is Rs. 20 lakh

Karur Vysya Bank Swarnamitra

This loan scheme is designed to help individuals and sole proprietors raise funds to meet their business needs by pledging gold jewellery and gold ingots.


Features of Karur Vysya Bank Swarnamitra (Business Loan Against Gold)

Why this Loan?

  • The Karur Vysya Bank Swarnamitra loan scheme can be availed by individuals and proprietors to raise funds to meet their business by pledging their gold jewellery and gold ingots
  • The minimum loan amount sanctioned under this loan scheme is Rs. 1 lakh
  • This loan is renewable after every 12 months subject to terms

Karur Vysya Bank Varthaga Mitra

This is a secured loan scheme to help businesses engaged in trading meet their working capital needs. This funded facility is extended as a working capital loan, short-term loan or secured overdraft.

Features of Karur Vysya Bank Varthaga Mitra

Why this Loan?


  • The Karur Vysya Bank Varthaga Mitra loan scheme can be availed by businesses of all sizes, big and small, to meet their business needs
  • The maximum loan amount sanctioned under this loan scheme is Rs. 5 crore

Karur Vysya Bank Transport Plus

This loan helps transport operators buy a car, auto, jeep, lorry, bus, Light Motor Vehicle (LMV), Heavy Motor Vehicle (HMV), etc. for commercial use. The loan amount can also be used to meet the working capital needs of the business.

Features of Karur Vysya Bank Transport Plus

Why this Loan?

  • The Karur Vysya Bank Transport Plus is meant for businesses in the transport sector to acquire funds for purchasing commercial vehicles for their business in the Mini, Small, Light, Medium and Heavy Transport Vehicles category
  • Businesses can also avail this loan to purchase pre-owned commercial vehicles or meet their working capital needs
  • The nature of the loan can be a term loan, working capital loan or secured overdraft

Karur Vysya Bank Pharma Plus

This loan helps businesses that are members of the Chemists and Druggists Association get financial assistance to meet their working capital needs. The maximum loan amount sanctioned under this loan is Rs. 5 crore.

Features of Karur Vysya Bank Pharma Plus

Why this Loan?

  • The Karur Vysya Bank Pharma Plus scheme is meant for members of the Chemists and Druggists Association get financial assistance to meet their working capital needs
  • This is a secured loan. The bank also asks for a guarantee from partners or directors to sanction the loan

Karur Vysya Bank Steel Plus

This loan is designed for businesses engaged in trading of ferrous and non-ferrous iron and steel to meet their working capital needs. The maximum loan amount sanctioned under this loan is Rs. 5 crore.

Features of Karur Vysya Bank Steel Plus

Why this Loan?

  • The Karur Vysya Bank Steel Plus scheme is meant for businesses in the iron and steel trading sector meet their working capital needs
  • The businesses with more than two years of profitable operations are eligible for this loan

Karur Vysya Bank Textile Plus

This loan is designed for businesses engaged in trading of textile, handloom, yarn and cotton to meet their working capital needs. Deemed manufacturers who buy cloth and add value by undertaking embroidery work, printing artwork, etc. can also avail this facility.

Features of Karur Vysya Bank Textile Plus

Why this Loan?

  • The Karur Vysya Bank Textile Plus scheme is meant for businesses in the textiles, handloom, yarn and cotton trading sector meet their working capital needs
  • The businesses with more than two years of profitable operations are eligible for this loan
  • The maximum loan amount sanctioned under this loan is Rs. 5 crore

Karur Vysya Bank Timber Plus

This loan is designed for trading businesses in the timber industry to meet their working capital needs. This is a need-based loan.

Features of Karur Vysya Bank Timber Plus

Why this Loan?

  • The Karur Vysya Bank Timber Plus scheme is meant for businesses in the timber industry meet their working capital needs
  • This loan is sanctioned for a period of one year and is renewable on an annual basis subject to terms

Karur Vysya Bank Construction Plus

This loan is specially designed for businesses engaged in the construction and interior material trading sector to meet their working capital needs. The maximum loan amount sanctioned under this loan is Rs. 10 crore.

Features of Karur Vysya Bank Construction Plus

Why this Loan?

  • The Karur Vysya Bank Construction Plus scheme is meant for businesses in the interior material and construction sector meet their working capital needs
  • The businesses with more than two years of profitable operations are eligible for this loan

Karur Vysya Bank Rice Plus

This loan is specially designed for rice mills to meet their working capital needs during peak season. This is a need-based loan.

Features of Karur Vysya Bank Rice Plus

Why this Loan?

  • The Karur Vysya Bank Rice Plus scheme is meant for rice mills to help them meet their working capital needs during the peak season
  • Rice mills with more than three years of profitable operations are eligible for this loan

Karur Vysya Bank Commodity Plus

This loan is designed for commodity traders to help them to meet their working capital and capital expenditure needs. The maximum loan amount sanctioned under this loan is Rs. 1 crore.

Features of Karur Vysya Bank Commodity Plus

Why this Loan?

  • The Karur Vysya Bank Commodity Plus scheme is meant for commodity traders to help them to meet their working capital and capital expenditure needs
  • The businesses with more than two years of profitable operations are eligible for this loan
  • This is a short-term loan

Karur Vysya Bank Food and Agro Process Plus

This is a tailor-made loan designed for businesses in the Agro and Food Processing sector to meet their working capital and capital expenditure needs. The maximum loan amount sanctioned under this loan is Rs. 1 crore.

Features of Karur Vysya Bank Food and Agro Process Plus

Why this Loan?

  • The Karur Vysya Bank Food and Agro Process Plus scheme is meant for businesses in the Agro and Food Processing sector to meet their working capital and capital expenditure needs
  • The businesses with more than two years of profitable operations are eligible for this loan

Karur Vysya Bank POS Plus

This is a tailor-made product designed for merchants to help them meet their working capital and capital expenditure needs. The loan amount sanctioned under this loan against card swipes is based on the amount credited to their bank account via Point-Of-Sale (POS) swipes.

Features of Karur Vysya Bank POS Plus

Why this Loan?

  • The Karur Vysya Bank POS Plus scheme is meant for businesses utilising the POS facility through Karur Vysya Bank for at least 6 months
  • The bank offers collateral-free loans up to Rs. 25 lakh

Karur Vysya Bank Rent Fin (Loan Against Rent Receivables)

This loan is designed to help property owners who have leased out their properties in the metro, urban, semi-urban areas to public sector undertakings, reputed private education institutions, reputed private hospitals or nursing homes, franchises of reputed corporates, etc. get funds for their various needs. The minimum loan amount sanctioned under this loan is Rs. 5 lakh.

Features of Karur Vysya Bank Rent Fin

Why this Loan?

  • The Karur Vysya Bank Rent Fin is the perfect corporate business loan to help landlords meet the expenses of alteration, addition or renovation to the premises but not for speculative purposes. They can also avail this loan to meet their working capital and capital expenditure needs
  • The repayment period depends on the unexpired period of the lease, loan amount, type of property, etc.

Karur Vysya Bank KVB Mortgage Loan

This loan helps property owners meet their business needs by availing a loan against property. The immovable property must be located in metro, urban or semi-urban centres and property located in rural centre if it can be mortgaged for purposes other than agricultural use.

Features of Karur Vysya Bank KVB Mortgage Loan

Why this Loan?

  • The Karur Vysya Bank KVB Mortgage Loan is meant for business owners who want to avail a loan against immovable property for meeting business needs
  • The property must be located within 50 km radius of any of the Karur Vysya Bank branch to be eligible for this loan
  • The maximum loan amount sanctioned under this loan is Rs. 5 crore

Important Note: There is a possibility that the bank may offer more corporate loan options which are not yet published on the website. Therefore, we suggest that you get in touch with the nearest branch to check the loan schemes they offer. This will also help you get a custom quote since many loan schemes are need-based and certain charges such as application charges, service charges, etc. may be decided on a case-to-case basis.

Interest Rate for Karur Vysya Bank Business Loans

  • The applicable interest rate on Karur Vysya Bank business loans is defined as the sum of two factors viz. One-year Marginal Cost of Funds based Lending Rate (MCLR) and a Credit-Linked Premium where the Credit-Linked Premium is directly influenced by the Risk-Based Credit Score of the applicant. Check out the Karur Vysya Bank business loan interest rates here
  • As of September 2020, the interest rate for KVB business loan ranges from “MCLR + 0%” to “MCLR + 14.80%”

Documents Needed for Individuals

  • Loan Application Form duly filled and signed by the applicant and co-applicant, if any
  • Two Passport Size Photographs of applicant and co-applicant
  • Personal ID Proof: Aadhaar Card, PAN Card, Passport or Driving License. PAN Card/ PAN Card Issue Letter is must
  • Signature Proof: PAN Card, Banker’s Verification, Driving License or Passport
  • Residential Address Proof (Any One): Aadhaar Card, Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income/Banking Proof: Last 6 months Bank Account Statement of applicant and co-applicant, Loan Statement of Running Loans, Latest Closed Loan NOC, Net Worth of the applicant and co-applicant
  • Security (as applicable): Margin Money, Previous and Current Sales Deed, Plant and Machinery list, Plant and Machinery Current Valuation Report, Property Photographs, Previous Property Search and Valuation Report
  • For term loans: Project report with details on product choice, market survey, projection of production and sales, infrastructural needs, etc.; projected cash and fund flow statement for the repayment period; and copies of all licenses and permits wherever applicable

Documents Needed for Proprietorship and Partnership Firms

  • Loan Application Form duly filled and signed
  • Partnership Deed and Partnership Registration Certificate
  • ID Proof of the Firm: Firm PAN Card or PAN Issuing Letter
  • Office Address Proof: Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Income Proof: CMA Data and Project Report, Debtors and Creditors Certificate, GST Return, Last 3 years ITR of applicant and co-applicant, Audited or CA Certified Computation of Income/Trading Account/Profit and Loss Account/Balance Sheet, Annual Audit Report and Tax Audit Report if audited, Form 16A if applicable, Net Worth of applicants, co-applicants and guarantors
  • Banking Proof: Last 1-year Statement of Company’s Major Account, Current Account, Cash Credit Account, Overdraft Account, Loan Statement of Running Loans, Latest Closed Loan NOC and Last 6-months Bank Statement of Applicant and Co-applicant’s Savings Account
  • Security (as applicable): Margin Money, Previous and Current Sales Deed, Plant and Machinery list, Plant and Machinery Current Valuation Report, Property Photographs, Previous Property Search and Valuation Report
  • Other Relevant Documents: Partnership’s Business Profile, Promoter/Guarantor’s Profile, Corporate Brochure, Business Experience Supporting Documents, Business References
  • For Term Loans Only: Project report with details on product choice, market survey, projection of production and sales, infrastructural needs, etc.; projected cash and fund flow statement for the repayment period; and copies of all licenses and permits wherever applicable

Documents Needed for Private Limited and Public Limited Companies

  • Application Form duly filled and signed
  • Company ID Proof: Company’s PAN Card
  • Office Address Proof: Electricity Bill, Post-paid Phone Bill, Valid Rent Agreement
  • Business Proof: AOA and MOA, Company Incorporation Certificate, Business Commencement Certificate, Board Resolution, CA/CS verified Share Holding Pattern, ROC Annual Return, DIN Certificate, List of Directors on Company Letter Head, GST Number, Form 32 in case of Director Change
  • Income Proof: CMA Data and Project Report, Last 3 Years ITR Acknowledgement copy of Company and all Directors, Last 3 Years Annual Credit Report or Tax Audit Report with Article 3CB, Article 2D, Article 3CD, TDS Certificate/Form 16A, Net Worth Certificate
  • Banking Proof: Last 1-year Statement of Company’s Major Account, Current Account, Cash Credit Account, Overdraft Account, Loan Statement of Running Loans, Latest Closed Loan NOC and Last 6-months Bank Statement of Applicant and Co-applicant’s Savings Account
  • Security: Margin Money, Previous and Current Sales Deed, Plant and Machinery list, Plant and Machinery Current Valuation Report, Property Photographs, Previous Property Search and Valuation Report
  • Other Relevant Documents: Company’s Business Profile, Promoter/Guarantor’s Profile, Corporate Brochure, Business Experience Supporting Documents, Business References
  • For term loans only: Project report with details on product choice, market survey, projection of production and sales, infrastructural needs, etc.; projected cash and fund flow statement for the repayment period; and copies of all licenses and permits wherever applicable

Reference Facts:

  • Karur Vysya Bank Website: www.kvb.co.in
  • Headquarters: Karur, Tamil Nadu
  • Call Centre Number: 1860 258 1916 (Local charges apply)