Your assets, your power

Transform your property in India into a potent financial resource with our NRI-focused loans against property. Ideal for funding diverse needs like business ventures, education, or unforeseen expenses without relinquishing ownership. Retain your property and tap into its value for financial support. We offer competitive interest rates and flexible repayment options, making this a prudent choice for NRIs with property assets in India and in need of additional funds.Read more

Apply for a KBL Mortgage Loan

  • High loan limits
  • Long and comfortable repayment options
  • For personal or business needs

Apply for a KBL Lease and Cash Loan

  • Rent-focused financing
  • Get funds up to 80% of rent
  • Designed for property owners

Apply for a KBL Home Top-up Loan

  • Large loan amounts for your home
  • Up to 120 month loan tenure
  • Instant processing and quick sanction

Make matters simple and straightforward

A smart calculator for smart spending and savings

Home loan calculator

Loan amount
₹50,000 ₹75,000,000
Rate of interest
5% 15%
Loan tenure
1 Months 360 Months

You will pay

₹13,800/Months

Not sure which product is for you?

Let’s find the best fit together

  • No spam calls
  • Dedicated KBL experts
  • Set up a call on your time

Why choose our loans against property

Getting you where you need to go

Offers loans up to 70% of the property value for maximum leverage

Your interest is recalculated every day, reducing the total interest owed

Educated team of experts to guide you through the loan application journey

Who can apply for our loans against property

  • NRIs (Non-Resident of India) holding Indian passport
  • Indian students pursuing higher education
  • Seafarers and maritime professionals of Indian nationality
  • Persons of Indian Origin (PIOs) who were citizens of India on 26 January 1950
  • Overseas Citizens of India (OCIs)
Who can apply for our loans against property
BANKING WITH YOU

Here for you, always

24/7 support for your banking needs

  • Internet Banking

    KBL MoneyClick

  • Digital Banking

    WhatsApp banking

  • Service Branches

    Locate us

Banking with trust, expertise and care

Expanding the KBL family everyday

Mr. Sirimall Mahesh

“It was quick sanctioning and fully digital”

Mr. Sirimall Mahesh

KBL Xpress Car Loan

17 Jan,2024
Carol Dsouza

“It was very easy to use and helpful. The staff are very friendly and helpful”

Carol Dsouza

KBL Xpress Car Loan

02 Nov,2023
Mr. Shadul Umaji Yadhav

“It was like quick, hassle-free, fully digital. Outstanding and excellent.”

Mr. Shadul Umaji Yadhav

KBL Mobile Plus

02 Nov,2023
Karan Deodatta Pradeshi

“I just wanted to open a new personal account. So my business partner recommended me to open an account in Karnataka Bank and I am quite happy with my decision. They (the staff) are very kind, very supportive and they attend to you very well.”

Karan Deodatta Pradeshi

Savings Account

02 Nov,2023
Rahul Nasal

“I downloaded their mobile banking app to test out its functionality - one of the most responsive and most user friendly. It is the perfect blend of the conventional personal touch banking and the high-tech digital banking”

Rahul Nasal

Mobile Banking

02 Nov,2023

Got questions? We’ve got answers.

What exactly is the KBL Mortgage Loan?

This loan allows NRIs to borrow funds by mortgaging property in India. It's suitable for various purposes such as business investments, house repairs, or renovations, offering a flexible financial solution for leveraging Indian assets.

NRIs can opt for a maximum tenure of 120 months to repay the loan, allowing ample time for strategic financial planning and budgeting.

This loan is available to NRIs who have previously availed housing loans under schemes like KBL-Apna Ghar, Elite, or KBL Home Comfort, and have their Indian properties mortgaged.

Yes, property insurance is generally required for home loans to protect against unforeseen damages.

Yes, you can prepay your loan. For the applicable charges and conditions, please refer to your loan agreement for exact terms and conditions of a particular loan when applying.

There's a processing fee that includes charges for legal scrutiny, property valuation, and background information reports, which are standard for loan processing.

EMI (Equated Monthly Installment) is the fixed monthly payment made to the bank, covering both interest and principal repayment.

EBLR (External Benchmark Lending Rate) is linked to a 10-year G-Sec (Government Security) rate, used by Karnataka Bank to determine floating home loan rates from 1st October, 2019.

Yes, you can prepay your loan. For the applicable charges and conditions, please refer to your loan agreement for exact terms and conditions of a particular loan when applying.

Typically, banks finance about 67% of the property's cost, with the borrower arranging the remaining 33% as down payment or margin money. For properties already mortgaged, a minimum of 50% margin is needed on the value exceeding 110% of the existing liabilities against the property.

Advantages of NRI loans against property

Non-resident Indians can leverage their property in India with a NRI loan against property (LAP). This financial product allows you to secure a loan by mortgaging your Indian property, offering a substantial amount of funds at a lower interest rate compared to unsecured loans. Whether it’s for personal commitments or business expansion, an NRI LAP loan is a smart way to tap into your property's equity without selling it. With competitive NRI loan against property interest rates, you can plan your finances efficiently, ensuring that your investment in property works for you even when you're miles away from home.

Non-resident Indians seeking to unlock the financial potential of their assets in India can take advantage of NRI loans against property. This type of loan is a prudent way to access funds for various personal and business purposes without liquidating your property. Whether you're planning to invest in new ventures, fund educational pursuits abroad, or cover unforeseen expenses, an NRI LAP loan provides the capital you need with the assurance of keeping your property. With attractive interest rates tailored for the NRI community, you can enjoy the dual benefits of liquidity and ownership. Karnataka Bank makes it easier for you to harness the value of your real estate investments in India, offering a secure and efficient lending service that respects your financial goals and the significance of your property holdings.