Karur Vysya Bank KVB Mortgage Loan

A Mortgage Loan from Karur Vysya Bank to meet your financial needs

The right loan against property to consolidate your debts

Karur Vysya Bank Mortgage Loan

This loan helps borrowers get access to funds by mortgaging their property to the bank to meet their urgent financial needs such as wedding expenses, travel expenses, medical exigencies, higher education and so on.

Features of Karur Vysya Bank Loan Against Property

Why this Loan?

  • The Karur Vysya Bank Mortgage Loan is meant for borrowers who want to avail financial assistance by mortgaging their property to the bank to meet their urgent financial needs other than for capital market, business, trading or speculative purposes
  • This loan against immovable property can also be availed as a consolidation loan to pay off debts

Loan Amount

  • The maximum loan amount sanctioned under this loan scheme is Rs. 3 crore


  • As of October 2020, the interest rate applicable to this loan may range from 9.25% to 12.50%


  • This loan must be repaid within 10 years

Margin Money (Borrower’s Contribution to Total Cost)

  • As of October 2020, this information is not mentioned on the bank’s website. Please talk to a representative to get more details

Security Needed

  • The bank asks for the first charge of equitable/registered mortgage of property

Processing Charges

  • The bank charges 0.50% of the loan amount for processing the loan

Documents Needed for Individuals (Salaried and Self-employed)

  • 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 Issuing 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 for Salaried Professionals: Last 3 months’ salary slip, Form 16 or income tax returns
  • Income/Banking Proof for Self-employed Professionals/Non Professionals: Computation of income of last 2 years, Balance Sheet, Profit and Loss Account, Registration Certificate, GST Return, Income Tax Challan / Form 26AS / TDS Certificate, IT Assessment, etc.
  • Property related documents

Reference Facts

  • Karur Vysya Bank Website: www.kvb.co.in
  • Headquarters: Karur, Tamil Nadu
  • Call Centre Number: +91 44 3072 1916