The interest rates offered by Karnataka Bank on a marriage loan starts from 12% and goes upto 17%. The interest rate that you get from the bank depends upon your credit score, age, employer, repayment history, etc.
Karnataka Bank Marriage Loan
An Indian wedding is an expensive affair and you may not be able to bear all the expenses with your savings. Opting for Karnataka Bank Marriage Loan is an ideal and the most convenient way to deal with all the wedding- related expenses without going through the embarrassment of asking money from the relatives. At Karnataka Bank, you can avail a marriage loan of upto Rs. 5 lakh and can repay it maximum by 60 months.
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Karnataka Bank Marriage Loan Interest Rates
Eligibility Criteria for Karnataka Bank Marriage Loan
- You should be at least 21 years old
- You should either be a government or a private sector employee
- You should have a minimum working experience of 6 months
- You should not have an existing unsecured loan from Karnataka Bank
Documents Required for Karnataka Bank Marriage Loan
Documents Required for Karnataka Bank Marriage Loan
- Proof of Identity like Passport/ PAN Card, Aadhar card, Voter's ID, Driving License
- Proof of Residence like Utility Bill, Passport or Leave and License Agreement
- Bank Statement for the last 3 months with income details
- Salary slip for the last 3 months
- 2-3 Passport Size photographs
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
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