Karnataka Bank Home Loan Interest Rate
Karnataka Bank is slowly emerging as a pioneer in digital-first banking solutions. This private sector bank offers a range of trusted financial services, and home loans are one of them. Karnataka Bank home loan interest rate starts at 8.19% per annum, which makes home ownership easy and approachable for everyone. Eligible borrowers can avail up to Rs. 7.5 crores as a home loan amount from Karnataka Bank, depending on certain pre-set conditions by the bank, for up to 30 years as a repayment tenure.
Karnataka Bank Home Loan EMI Calculator
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Karnataka Bank Home Loan Key Highlights
| Amount of Loan | Up to Rs. 7.5 crore |
|---|---|
| Rate of Interest | 8.19% per annum onwards |
| Processing Fees |
0.50% - 2.00% |
| Max Tenure for Loan Repayment | Up to a max of 30 years |
Karnataka Bank Home Loan Interest Rates in 2025
The home loan interest at Karnataka Bank starts at an affordable 8.19% and helps many fulfill their dream of buying, renovating, or building a home. The bank offers hassle-free home loans to eligible applicants, with a processing fee ranging from 0.50% to 2.00%.
Have a look at the table below to understand the Karnataka Bank home loan interest rate 2025 in detail:
| Loan Category | Rate of Interest on Home Loan |
|---|---|
| Salaried Applicants | 8.19% - 11.73% p.a. |
| Self-Employed Applicants | 8.19% - 11.73% p.a. |
Standard Home Loan Rates of Interest for Salaried and Self-Employed Applicants
Repo Linked Lending Rate (RLLR)
| Loan Category | Rate of Interest on Home Loan (p.a.) |
|---|---|
| All Loan | 8.19% - 11.73% p.a. |
KBL Xpress Home Comfort Loan Interest Rates
| Loan Slab | Rate of Interest on Home Loan (p.a.) |
|---|---|
| All Loans | 9.34% p.a. onwards |
Karnataka Bank Top-Up Loans Interest Rates
| Loan Category | Rate of Interest on Home Loan (p.a.) |
|---|---|
| Top-Up for Existing Customers | 9.34% -11.23% p.a. |
Interest rates were last updated on 18th August 2025
Karnataka Bank Home Loan Interest Rates for All Schemes in India
Karnataka Bank ensures that a sweet home is well within the reach of most people. So, to ensure this, it offers three different types of home loan schemes with varied interest rates. Have a look at the table below to understand these different housing loan schemes of Karnataka Bank and their interest rates:
| Karnataka Bank Home Loan Schemes | Rates of Interest for Each Plan |
|---|---|
| KBL Xpress Home Loan | 8.19% - 10.74% p.a. |
| KBL Xpress Home Comfort Loan | 9.34% -11.73% p.a. |
| KBL Xpress Ghar Niveshan Loan | 9.37% - 11.73% p.a. |
Karnataka Bank Home Loan Interest Rates for Balance Transfer, Top Up, and Overdraft
Karnataka Bank offers three interesting facilities on home loans to make the whole experience more affordable and hassle-free for the borrowers. These are available in the form of balance transfer, overdraft, and top-up.
Karnataka Bank Home Finance Home Loan Balance Transfer
Under the Karnataka Bank balance transfer facility, applicants can refinance their existing home loans from other lenders at competitive interest rates, typically starting from Karnataka Bank balance transfer at 8.19% per annum.
Karnataka Bank Home Finance Home Loan Top-Up
Existing home loan customers can avail a top-up loan from Karnataka Bank to fund home improvements, emergencies, or personal needs. The interest rate for top-up loans typically ranges from 9.34% to 11.23% p.a., offering a cost-effective alternative to unsecured personal loans. It comes with flexible repayment terms and quick approval, making it a convenient financial cushion.
Karnataka Bank Home Finance Home Loan Overdraft Option
The Karnataka Bank overdraft facility, offered under the "KBL Suvidha Overdraft Loan", links your home loan to an overdraft account, allowing you to deposit surplus funds and reduce interest liability. This facility is available at an interest rate starting around 11.96% p.a., offering both flexibility and liquidity.
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Compare Karnataka Bank Home Loan Interest Rate with Top Banks
With so many banks and NBFCs offering a range of home loan schemes at competitive rates of interest, it does make sense to do some comparison. It will help you understand the difference between the Karnataka Bank home interest rate and other competitors, enabling you to make an informed and confident decision.
So, do not miss comparing the Karnataka Bank housing loan interest rates with the other top 5 financial service providers:
| Bank/NBFC | Rate of Interest on Home Loan | Processing Fee |
|---|---|---|
| Karnataka Bank Home Finance | 8.19% p.a. onwards | 0.50% - 2.00% |
| PNB Housing | 8.25% p.a. onwards | 0.35% (Maximum Rs. 15,000) |
| Canara Bank Home Finance | 7.40% p.a. onwards | 0.50% (Max. Rs. 10,000/- + GST) |
| Saraswat Bank Home Finance | 7.50% p.a. onwards | Rs. 2,500 - Rs. 7,500 (taxes additional) for salaried applicants | With no insurance - 0.20% or Rs. 7,500 (whichever is higher) | With insurance - Rs. 7,500 + taxes |
| UCO Bank Home Finance | 7.50% p.a. onwards | 0.5% of the loan amount (Min. Rs. 1,500/-, Max. Rs. 15,000/) |
Karnataka Bank Home Loan Balance Transfer Interest Rates
Opting for a Karnataka Bank Home Loan Balance Transfer can help you reduce your monthly EMIs by switching to lower interest rates. It’s a smart way to better manage your finances, especially if your current loan has higher rates.
Karnataka Bank Home Loan Balance Transfer interest rate starts at 8.19% per annum. The following steps can help you shift your existing loan balance to Karnataka Bank:
- Firstly, visit the BASIC Home Loan website and go to the Repay Right section - https://www.basichomeloan.com/repay-right.
- Fill in the required details in the online form displayed on the screen.
- Click ‘Next’ to proceed to the next page.
- You will then be able to see the savings you make with the Karnataka Bank Home Loan Balance Transfer option.
- Another easier option is to approach the BASIC Home Loan team for help in applying for a Karnataka Bank housing loan.
Get Home Loan Starting at 8.5%*
How to Calculate Karnataka Bank Home Loan Interest Rates?
To calculate Karnataka Bank home loan interest rates, the bank considers factors like your credit score, income stability, loan amount, and repayment tenure. These elements help determine the applicable rate tailored to your profile. Using an online EMI calculator can give you a quick estimate of your monthly payments.
The table given below will give you an idea of the monthly EMI installments for 10 to 30 years tenures:
Karnataka Bank Home Loan EMI Calculator 2025
| Loan Amount | Rate of Interest | EMI for 10-Year Loan Tenure | EMI for 20-Year Loan Tenure | EMI for 30-Year Loan Tenure |
|---|---|---|---|---|
| Rs. 10 lakh | 8.19% p.a. | Rs. 12,233 | Rs. 8,483 | Rs. 7,471 |
| Rs. 20 lakh | 8.19% p.a. | Rs. 24,467 | Rs. 16,966 | Rs. 14,941 |
| Rs. 30 lakh | 8.19% p.a. | Rs. 36,700 | Rs. 25,449 | Rs. 22,412 |
| Rs. 40 lakh | 8.19% p.a. | Rs. 48,934 | Rs. 33,932 | Rs. 29,882 |
| Rs. 50 lakh | 8.19% p.a. | Rs. 61,167 | Rs. 42,415 | Rs. 37,353 |
| Rs. 60 lakh | 8.19% p.a. | Rs. 73,400 | Rs. 50,898 | Rs. 44,823 |
| Rs. 70 lakh | 8.19% p.a. | Rs. 85,634 | Rs. 59,381 | Rs. 52,294 |
| Rs. 80 lakh | 8.19% p.a. | Rs. 97,867 | Rs. 67,864 | Rs. 59,764 |
| Rs. 90 lakh | 8.19% p.a. | Rs. 1,10,100 | Rs. 76,347 | Rs. 67,235 |
| Rs. 1 crore | 8.19% p.a. | Rs. 1,22,334 | Rs. 84,830 | Rs. 74,705 |
The figures in the table above are based on an 8.19% p.a. interest rate offered by the Karnataka Bank. They may vary, however, based on the different interest rates offered by other banks, your monthly income, and other factors.
FAQ's
Listed below are the main features and benefits of the Karnataka Bank home loan balance transfer option:
- Helps reduce EMI by offering lower interest rates
- Transparent charges with no hidden fees
- Option to avail a top-up loan
- Flexible part-prepayment and daily reducing interest
Karnataka Bank offers both fixed and floating interest rates for home loans. You may refer to the official bank website to understand the latest interest rates for both before applying for a home loan.
Yes, you can easily get an interest rate certificate for your Karnataka home loan by visiting the official website of the bank or by visiting the nearest bank branch.
Karnataka Bank charges a processing fee of 0.50% - 2% on home loan applications to recover the cost and time in processing the application.
The interest rate for a Rs. 20 lakh home loan from Karnataka Bank falls under their "KBL Xpress Home Loan" scheme, with rates starting at 8.19% p.a.