Karur Vysya Bank (KVB) offers a “Personal Loan Secured Others” product with an accessible minimum income threshold, making it attainable for many salaried individuals. According to KVB personal loan minimum salary criteria, applicants must earn at least Rs. 15,000 per month based on the average income declared in the latest three years of Income Tax Returns. This ensures a stable and verifiable repayment capacity.
Loans are granted for personal and business needs and must not fund speculative ventures. The scheme accepts residential or commercial properties as collateral, excluding agricultural and special-use properties.
The minimum loan amount is Rs. 10 lakhs, with a repayable tenure of up to 180 months in case term loan.
Processing fees for the secured “Others” variant range between 1% and 2% of the loan amount.
A salary certificate or ITR submission is mandatory, and borrowers may need to sign an undertaking ensuring non-speculative use of funds.
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What is KVB Personal Loan Minimum Salary?
shivam
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2025-07-18T09:48:57+00:00 2025-07-18T09:48:59+00:00Comment
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