kerala Gramin Bank Home Loan Interest Rates 2024
Kerala Gramin Bank housing loans: get instant quotes on Interest rates, Eligibility, Documents, loan EMI and processing fees & charges.
To fulfil your dream of a new home, KGB provides Home Loans at very attractive rates. Moreover KGB offers loans for Purchase/Construction/Renovation of house/Flat.
You can get a home loan for below Purpose
- Purchase of house property
- Construction/extension of house property
- Purchase of ready built Flat
- For undertaking repairs, renovation, up – gradation, extension, ceration of additional amenities
- Housing Loan for Second House / Flat.
Apply for Home Loan
Kerala Gramin Bank Home Loan Eligibility
- Individuals and NRI having sufficient and regular income
- Age of the applicant shall not be more than 55 years
Kerala Gramin Bank Home Loan Limit & Margin
Limit
- For Residents 5 times of annual income
For NRI – 4 times of annual income
Margin
- 20% of the total cost
Kerala Gramin Bank Home Loan Repayment
- Tenure upto 30 Years
- Repayment holiday upto 18 months can be availed.
Kerala Gramin Bank Home Loan Interest Rates 2023
| Housing Loan General | upto Rs.10,00,000/- | 9.00% | |
| Rs.10,00,001/- to Rs.25,00,000/- | 8.25% | (if the CIBIL score of the borrower/s are above 750) | |
| 8.50% | (if the CIBIL score of the borrower/s are 750 or below) | ||
| Rs.25,00,001/- and above | 8.00% | (if the CIBIL score of the borrower/s are above 750) | |
| 8.25% | (if the CIBIL score of the borrower/s are 750 or below) | ||
| Premium Housing Loan | Upto Rs.10,00,000/- | 9.00% | |
| Rs.10,00,001/- to Rs.25,00,000/- | 8.25% | (if the CIBIL score of the borrower/s are above 750) | |
| 8.50% | (if the CIBIL score of the borrower/s are 750 or below) | ||
| Rs.25,00,001/- and above | 8.00% | (if the CIBIL score of the borrower/s are above 750) | |
| 8.25% | (if the CIBIL score of the borrower/s are 750 or below) | ||
| Housing Loan Scheme For State Government Employees | Upto Rs.10,00,000/- | 9.00% | |
| Rs.10,00,001/- to Rs.25,00,000/- | 8.25% | (if the CIBIL score of the borrower/s are above 750) | |
| 8.50% | (if the CIBIL score of the borrower/s are 750 or below) | ||
| Rs.25,00,001/- and above | 8.00% | (if the CIBIL score of the borrower/s are above 750) | |
| 8.25% | (if the CIBIL score of the borrower/s are 750 or below) | ||
| Rural Housing Funds Loan | Irrespective of Amount(Subject to terms & availability of refinance | 8.36% | |
| Urban Housing Funds Loan | Irrespective of Amount(Subject to terms & availability of refinance | 8.36% | |
| Pradhan Mantri Awas Yojana(PMAY) | Upto Rs. 20Lakhs | 8.75% |
