Why Choose Kerala State Cooperative Bank for Home Loans?
- Kerala Bank: Local Focus, State Reach - Deeply rooted in Kerala with state-wide branches, offering unique products and personal support.
- Loans for Everyone - Options tailored for government workers, business owners, freelancers, and more.
- Transparent Pricing - Clear terms, affordable rates, and straightforward communication.
- Banking for the Community - A cooperative model focused on community growth and Kerala’s future.
- Easy Online Access - Apply quickly and manage your Kerala Bank home loan through TyTil digital platforms.
Kerala State Cooperative Bank Home Loan Products
Home Loan Options We Offer :
General Home Loan: Get up to ₹75 lakh for a new house, or up to ₹20 lakh for renovations and additions—open to individuals and families.
Farmer Housing Loan: Designed for rural housing needs, offering up to ₹10 lakh for building or repairs.
Easy Home Loan: Borrow up to ₹5 lakh with simpler paperwork, ideal for those without a regular paycheck.
Premium Home Loan: Get higher loan amounts with competitive rates, especially for borrowers with excellent credit scores.
Extra Cash Loan: Already a home loan customer? Access extra funds for home upgrades or personal needs.
State Employee Loan: Special scheme for Kerala state employees, offering up to ₹10 lakh with attractive rates.
PMAY Loans: Linked with government subsidy schemes for EWS, LIG, and MIG income groups.
Kerala State Cooperative Bank Home Loan Interest Rates
Interest rates depend on the loan product, amount, and borrower's credit score:
| Loan Product |
Loan Amount |
CIBIL ≥ 750
|
CIBIL < 750
|
Repayment Tenure
|
| General Home Loan |
Up to ₹5 lakh |
9.0% |
9.5% |
Up to 20 years |
| General Home Loan |
₹5–15 lakh |
9.5% |
9.75% |
Up to 20 years |
| General Home Loan |
Above ₹15 lakh |
9.75% |
10.0% |
Up to 20 years |
| Premium Housing/PMAY |
₹25 lakh+ |
8.5% |
8.75% |
Up to 20 years |
| Suvidha Home Loan |
Up to ₹5 lakh |
10.0% |
11.0% |
Up to 20 years |
| Karshaka Awas (Farmers) |
Up to ₹10 lakh |
8.75% |
9.0% |
Up to 20 years |
There's a processing fee usually around 0.50% to 1.00% of what you borrow. It won't be less than ₹1,500 or more than ₹15,000.
To get approved, you need to be at least 21 (or 24 if you're employed). When the loan ends, you can't be older than 60 (if employed) or 65 (if self-employed). You will also need a steady income, have been employed or in business for 1–3 years, ideally have a CIBIL score over 700, own property in Kerala, and have a clear property title.
Required Documents for Kerala State Cooperative Bank Home Loan Partner
Applicants should keep the following handy:
KYC Documents: PAN card, Aadhaar, Passport, Voter ID, Driver's License.
Address Proof: Recent utility bill, lease, Voter ID, passport, Aadhaar.
Income Proof (Salaried): Six months of pay stubs, Form 16 for the last couple of years, and six months of bank statements.
Income Proof (Self-Employed): ITRs from the past two or three years, audited financial statements, proof of business, and bank statements.
Other Documents: Passport-sized photos, cheque for processing fees, statements for existing loans, Power of Attorney (if applicable), and professional degree certificates (for doctors, builders, CAs).
Property Documents: Sales agreement, title deed, approved plan, NOC, property tax receipts, and proof of no outstanding claims.
How to Apply Kerala State Cooperative Bank Home Loan via TyTil
TyTil is a digital spot where you can get money. We have teamed up with Kerala State Cooperative Bank to make things quick and easy:
- Check it Out: Go to TyTil , pick Kerala Bank, and see what you could get with the tools and payment calculators.
- Digital Upload: Take pictures and send in your ID, pay stubs, and property papers.
- Get Some Help: TyTil people will check over your stuff, tell you how to fix it, and talk to Kerala Bank for you.
- Move it Along: You'll know what's happening fast. TyTil keeps everyone talking and sets up meetings with the bank people if you need them.