Why Choose Karnataka State Financial Corporation for Home Loans?
- Backed by the State: Supported by the government through Karnataka State Financial Corporation Bank, ensuring your loan is safe, transparent, and reliable.
- Made for People in Karnataka: With branches throughout the state, the bank understands local needs and provides suitable products for individuals, businesses, and workers.
- Good Rates: The bank strives to keep interest rates and fees low, helping you save money while repaying your loan.
- Open to Everyone: Home loans are available for salaried employees, self-employed individuals, small business owners, and other professionals.
- Easy Online Access with TyTil : Partnering with TyTil allows for a quick and convenient online home loan application process.
Karnataka State Financial Corporation Home Loan Products
Karnataka State Financial Corporation Bank has home loans for all sorts of housing plans:
Home Purchase Loan: Buy a new or used property, whether in the
city or countryside.
Construction Loans: Get funds to build on land you already own.
Home Purchase Loans: Ideal for buying a fully constructed or ready-to-move-in home.
Renovation Loan: Finance repairs, upgrades, or renovations to your existing home.
Plot Purchase Loan: Borrow to buy land for constructing a home in the future.
Top-up Loans: Combine loans for building, renovating, or expanding your property simultaneously.
Special Loans: Karnataka State Financial Corporation Bank offers preferential loans for women business owners, SC/ST applicants, and projects eligible under state programs.
Karnataka State Financial Corporation Home Loan Interest Rates
Interest rates for Home Loan EMI are competitive and designed for affordability:
| Loan Product |
Maximum Amount |
Interest Rate (p.a.) |
Tenure |
Processing Fee |
| Housing Loan (Construction/Purchase) |
Up to ₹30 lakh |
9.25% |
Up to 20 years (240 months) |
0.40% of loan amount |
| House Mortgage Loan |
Up to ₹60 lakh |
12.25% |
Up to 20 years |
0.40% of loan amount |
| Commercial Site/Building |
Up to ₹60 lakh |
12.50% – 13.50% |
Up to 20 years |
0.40% of loan amount |
| SC/ST Entrepreneur Loan |
₹20 lakh – ₹10 crore |
4.00%* |
Up to 8–10 years |
Nil/Concessional |
Special interest subvention for eligible SC/ST applicants available under government schemes.
Karnataka State Financial Corporation Bank Home Loan Eligibility Criteria
Citizenship: Must be an Indian resident to apply.
Income: Applicants must demonstrate a stable income from employment, business, or profession.
Work History: Steady employment for 1–2 years or a business that has been operational for the same period.
Property: The property must have a clear title and be within the bank’s approved limits.
Age: Loan should be repaid before retirement (for salaried) or before 70 years of age (for self-employed or retired applicants).
Guarantor: A co-applicant or guarantor may be required depending on Karnataka State Financial Corporation Bank’s rules.
Required Documents for Karnataka State Financial Corporation Home Loan Partner
To get started with Karnataka State Financial Corporation Bank Loan, you will need these documents ready:
Personal ID: PAN card, Aadhaar, Passport, Voter ID, or Driving License.
Address Proof: Utility bill, bank statement, ration card, or Aadhaar with current address.
Income Proof: Recent salary slips, IT returns for the last 2–3 years, and bank statements.
Property Info: Sale deed or registered agreement, property tax receipts, latest Encumbrance Certificate (EC), approved building plan, and any mortgage deed.
Surety and Membership: Proof of ID/address for your surety and nominal membership registration with Karnataka State Financial Corporation Bank.
Insurance: Property insurance covering 150% of the loan amount.
Photos: Passport-size photos of all applicants and co-applicants.
How to Apply Karnataka State Financial Corporation Home Loan via TyTil
TyTil makes getting a Karnataka State Financial Corporation Bank
home loan easier online:
- Go to TyTil : Sign up and select Karnataka State Financial Corporation Bank for your home loan.
- Apply: Enter the required details about yourself, your employment, the property, and any co-applicants.
- Upload Documents: Submit your documents online or drop them off at a branch.
- Track Your Application: Monitor your application on TyTil , receive updates, and get assistance if needed.
- Get Approved & Funded: TyTil coordinates with Karnataka State Financial Corporation Bank to ensure quick and smooth disbursement of your loan.