MyLoanCare is a FREE of cost service for borrowers

Get Cashback of Upto ₹1,000* on Property Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0

Compare Corporation Bank vs Karnataka Bank Loan Against Property

Download Comparison
Interest Rate
Interest Rate
11.35% - 13.35%
10.89% - 12.29%
Processing Fees
Processing Fees
Upto 1.00%
Maximum Loan Amount
Maximum Loan Amount
₹ 5 Cr
₹ 1 Cr
Loan to Property Value Ratio
Loan to Property Value Ratio
Upto 50%
Upto 80%
Maximum Tenure
Maximum Tenure
10 Years
15 Years
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 1,397
₹ 1,130
Benchmark Rate
Benchmark Rate
Minimum Age
Minimum Age
18 Years
21 Years
Maximum Age
Maximum Age
65 Years
60 Years
Overdraft Facility
Overdraft Facility
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
Add Bank

Compare Loan Against Property EMI of Corporation Bank and Karnataka Bank

Loan Amount Corporation Bank Karnataka Bank
₹ 10 Lakh ₹ 13,974 ₹ 11,297
₹ 15 Lakh ₹ 20,961 ₹ 16,945
₹ 30 Lakh ₹ 41,922 ₹ 33,891
₹ 50 Lakh ₹ 69,869 ₹ 56,485

Which is a better bank for Loan Against Property – Karnataka Bank or Corporation Bank?

Karnataka Bank offers lower Loan Against Property EMI at ₹ 1,130 on a Loan Against Property for 15 Years as compared to Corporation Bank with a minimum EMI of ₹ 1,397 for 10 Years. Average customer ratings for Karnataka Bank is currently at /5.0 which makes it a good choice for taking a Loan Against Property.

How does Karnataka Bank Loan Against Property compare with Corporation Bank Loan Against Property?

It is important to do a detailed comparison of Karnataka Bank and Corporation Bank on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:

  • Lowest Interest rate of Karnataka Bank Loan Against Property is 10.89%, which is lower than the lowest interest rate of Corporation Bank at 11.35% and hence, Karnataka Bank is offering a cheaper loan option.
  • When compared on other Loan Against Property charges such as processing fees, Karnataka Bank charges a lower processing fees of Nil vs Corporation Bank with a processing fees of 1.00% of loan amount.
  • Corporation Bank offers Loan Against Property upto 80% of the property value while Karnataka Bank offers mortgage loan upto 50% of property value. Hence, Corporation Bank can be a better option if you are looking for a high value amount.
  • Corporation Bank is a with its Loan Against Property rates benchmarked to RLLR. On the other hand, Karnataka Bank is a with its home loan rates benchmarked to RLLR. Hence, both banks are benchmarked to the same rate, making them a comparable option to choose from.
  • with an average customer ratings of is equally comparable to with an average customer rating of , and hence, the customer can expect the same kind of service levels from these banks.

Which bank offers a lower interest rate on Loan Against Property – Karnataka Bank or Corporation Bank?

As per the current rates, Karnataka Bank offers a lower interest rate of 10.89% on Loan Against Property when compared to Corporation Bank which offers a Loan Against Property at 11.35%.

Popular Loan Against Property Tools

Popular Search for Corporation Bank Loan Against Property

Popular Search for Karnataka Bank Loan Against Property

Compare Corporation Bank Loan Against Property With Other Banks

Compare Karnataka Bank Loan Against Property With Other Banks

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.50%. Cashback of up to ₹ 1,000

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000.

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.00% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 6.90%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
Loan Against Property News - Oct 2021
  • 2021-10-20 : Banks Gross NPAs To Increase To 8-9 Percent
    Gross Non-Performing Assets (NPAs) of banks are expected to increase to 8-9 percent in the current fiscal year according to reports of Crisil. Agency also suggests that Emergency Credit Line Guarantee Scheme (ECLGS) will help limit this increase.
  • 2021-10-18 : HDFC Bank Posts 17.2 Percent Profits In Q2
    Private sector bank, HDFC Bank has posted a 17.6 percent rise in net profit at Rs 8,834.3 crore in the second quarter ended September 30, 2021. The lender had posted a net profit of Rs 7,513.1 crore in Q2 of 2020.
  • 2021-10-12 : IDFC First Bank Revises Interest Rate For Loan Against Property
    Indian private sector bank, IDFC First Bank has reduced interest rates for loans against property. Currently, the lender is offering loans at an interest rate of 7.50% for all the loan amounts.
  • 2021-10-11 : Punjab National Bank Introduces 6S Campaign
    Punjab National Bank (PNB) has launched the 6S Campaign. The campaign consists of schemes like Swabhiman, Samruddhi, Sampark and Shikhar, Sankalp and Swagat. The objective of the campaign is to spread awareness about the development of financial services and accelerate credit growth, improve penetration of social security schemes and drive digital banking push.
  • 2021-10-06 : Central Bank of India Partners With IIFL Home Finance
    Central Bank of India has announced a strategic co-lending partnership with IIFL Home Finance. Under the partnership, IIFL Home Finance Ltd will process credit parameters and eligibility criteria. Central Bank of India will take into its book 80% of the SME LAP Loans under mutually agreed terms.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Please wait while your information is being processed...