Why Choose Kerala Gramin Bank for Home Loans?
- Trusted and Verified: The bank has a long history, solid finances, and honest customer policies, giving you peace of mind during your loan period.
- Lots of Options: L&T offers loans for building your own home, balance transfer, renovation, or purchasing a new property.
- Fast Approvals & Funding: Enjoy quicker processing, minimal paperwork, and timely disbursement with efficient online systems and skilled staff.
- Good Rates & Honesty: Get reasonable, competitive interest rates with no hidden charges and transparent communication.
- Customers First: Dedicated relationship managers and reliable after-sales support ensure all your questions are answered promptly.
Kerala Gramin Bank Home Loans Products
Kerala Gramin Bank’s home loan portfolio is thoughtfully designed to serve diverse needs:
General Home Loan: Designed for purchasing or constructing a new house or flat.
Premium Home Loans: Tailored for higher-value properties or salaried professionals.
Home Extension/Renovation Loan: Finance for expanding, upgrading, or improving your living space.
Land Loan: Buy land to build a house with Kerala Gramin Bank’s plot loan.
Home Loans for Government Workers: Special rates and flexible repayment options for state employees.
NRI Home Loans: Helping Keralites living abroad buy or build homes back in Kerala.
PMAY & Rural Housing Fund Loans: Affordable housing finance for first-time buyers with government assistance.
Kerala Gramin Bank Home Loan Interest Rates
Kerala Gramin Bank home loan interest rates are based on your credit score, loan amount, and scheme.
| Credit Score |
Loan Amount |
Interest Rate (p.a.) |
| ≥ 800 |
Up to ₹30 lakh |
8.50% – 9.75% |
| 750–799 |
Up to ₹30 lakh |
9.00% – 9.75% |
| 700–749 |
₹30–₹75 lakh |
9.25% – 10.00% |
| 650–699 or below |
₹75 lakh and above |
10.75% – 11.50% |
| NTC/–1 |
Case-by-case |
8.50% – 11.50% |
- Loan Length: Up to 30 years.
- Processing Fees: Kerala Gramin Bank decides these (usually small and clear; sometimes none for certain plans).
- Early Repayment: No extra charges if your interest rate changes with the market, so paying off early is cheap.
Kerala Gramin Bank Home Loan Eligibility Criteria
Age: 21–70 years at loan closure.
Income: Must have verifiable income, whether salaried, self-employed, or in agriculture.
Credit Score: Preferably 750+ CIBIL score; flexible options available for others.
Property: Property must have clear ownership, proper valuation, and be financeable or acceptable as collateral.
Citizenship: Open to Indian citizens and eligible NRIs.
Required Documents for Kerala Gramin Bank Home Loan Partner
KYC: Aadhaar, PAN, Passport, or Voter ID for all applicants.
Address Proof: Utility bills, ration card, or Aadhaar with current address.
Proof of Income:
If salaried – Latest pay slips, Form 16/ITR, and last 6 months’ bank statements.
If self-employed – Proof of business, ITR (last 2–3 years), bank statements, and audited balance sheet.
Property Information: Sale deed, agreement, approved plans, land papers, and tax receipts.
Photos: Recent color passport-sized photographs of all applicants.
Additional Documents: Employment letter, builder’s legal documents, or NRI proof (for applicants abroad).
How to Apply Kerala Gramin Bank Home Loan via TyTil
Applying online with TyTil is faster, clearer, and easier:
- Sign Up: Sign up on TyTil and pick Kerala Gramin Bank.
- Fill Out Form: Enter your information, income, and property details.
- Upload Documents: Upload copies of the required papers.
- Find Loan Options: TyTil helps you find Kerala Gramin Bank loan options and rates that fit you best.
- Track Application: Track your application, get updates, and chat with TyTil experts if needed.