Compare Loan Against Property - Karur Vysya Bank vs HSBC Bank

Download Comparison

Bank	SBI HDFC ICICI Bank Axis Bank Citibank PNB Housing Finance LIC Housing Finance Kotak Bank Yes Bank Bajaj Home Finance IDFC First Bank RBL Bank Syndicate Bank IDBI Bank Union Bank of India Lakshmi Vilas Bank Allahabad Bank Andhra Bank Bank of India Canara Bank Central Bank of India Punjab and Sind Bank UCO Bank Federal Bank United Bank of India DBS Bank Piramal Housing Finance Cholamandalam IndusInd Bank Jammu And Kashmir Bank Edelweiss South Indian Bank Karnataka Bank Dhan Laxmi Bank DCB Bank Indiabulls HDFC Bank Karur Vysya Bank PNB OBC Indian Overseas Bank Indian Bank Corporation Bank Standard Chartered Bank	SBI HDFC ICICI Bank Axis Bank Citibank PNB Housing Finance LIC Housing Finance Kotak Bank Yes Bank Bajaj Home Finance IDFC First Bank RBL Bank Syndicate Bank IDBI Bank Lakshmi Vilas Bank Federal Bank Allahabad Bank Andhra Bank Bank of India Canara Bank Central Bank of India Punjab and Sind Bank UCO Bank Union Bank of India United Bank of India DBS Bank Piramal Housing Finance Cholamandalam IndusInd Bank Jammu And Kashmir Bank Edelweiss South Indian Bank Karnataka Bank Dhan Laxmi Bank DCB Bank Indiabulls HDFC Bank PNB OBC Indian Overseas Bank Indian Bank Corporation Bank HSBC Bank Standard Chartered Bank
Parameters
Interest Rate	Interest Rate 9.25% - 12.50%	9.80% - 9.80%
Processing Fees	Processing Fees Upto 0.50%	Upto 1.00% Min ₹ 10,000;
Maximum Loan Amount	Maximum Loan Amount ₹ 5 Cr	₹ 10 Cr
Loan to Property Value Ratio	Loan to Property Value Ratio Upto 40%	Upto 65%
Maximum Tenure	Maximum Tenure 9 Years	15 Years
Lowest EMI Per Lakh	Lowest EMI Per Lakh ₹ 1,368	₹ 1,062
Benchmark Rate	Benchmark Rate RLLR	RLLR
Minimum Age	Minimum Age 21 Years	21 Years
Maximum Age	Maximum Age 65 Years	65 Years
Overdraft Facility	Overdraft Facility Y - OD	N
Customer Ratings (Read Reviews)	Customer Ratings (Read Reviews) 4/5.0	4/5.0

Add Bank

Compare EMI of Karur Vysya Bank and HSBC Bank Loan Against Property

Loan Amount	Karur Vysya Bank	HSBC Bank
₹ 10 Lakh	₹ 13,676	₹ 10,624
₹ 15 Lakh	₹ 20,514	₹ 15,936
₹ 30 Lakh	₹ 41,027	₹ 31,872
₹ 50 Lakh	₹ 68,379	₹ 53,120

Which is a better bank for Loan Against Property – Karur Vysya Bank or HSBC Bank?

HSBC Bank offers lower Loan Against Property EMI at ₹ 1,062 on a Loan Against Property for 15 Years as compared to Karur Vysya Bank with a minimum EMI of ₹ 1,368 for 9 Years. Average customer ratings for HSBC Bank is currently at 4/5.0 which makes it a good choice for taking a Loan Against Property.

How does Karur Vysya Bank Loan Against Property compare with HSBC Bank Loan Against Property?

It is important to do a detailed comparison of Karur Vysya Bank and Loan Against Property on all loan terms and conditions to understand their differences and take an informed decision. Keep in mind that each bank’s scheme has its own 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 Karur Vysya Bank Loan Against Property is 9.25%, which is lower than the lowest interest rate of HSBC Bank at 9.80% and hence, Karur Vysya Bank is offering a cheaper loan option.
When compared on other Loan Against Property charges such as processing fees, Karur Vysya Bank charges a lower processing fees of 0.50% of the loan amount vs HSBC Bank with a processing fees of 1.00% of loan amount.
HSBC Bank offers Loan Against Property upto 65% of the property value while Karur Vysya Bank offers mortgage loan upto 40% of property value. Hence, HSBC Bank can be a better option if you are looking for a high value amount.
HSBC Bank is a Foreign Bank with its Loan Against Property rates benchmarked to RLLR. Karur Vysya Bank is a Private Bank with its home loan rates benchmarked to RLLR. Hence, both banks are benchmarked to same rate which make them a comparable option to choose from.
HSBC Bank with an average customer ratings of 4 is equally comparable to Karur Vysya Bank with an average customer rating of 4, and hence, the customer can expect the same kind of service levels from these banks.
Karur Vysya Bank offers special discounted rate Loan Against Property schemes for women, while HSBC Bank currently doesn’t have such schemes for women. Hence, women borrowers should definitely evaluate Karur Vysya Bank.
One unique feature of Karur Vysya Bank is its overdraft facility which allows borrowers to minimize their interest outgo by paying interest only on the loan amount utilized. This scheme makes it an apt choice for self-employed and businessmen with fluctuating fund requirements.

Which bank offers lower interest rate on Loan Against Property – Karur Vysya Bank or HSBC Bank?

As per the current rates, Karur Vysya Bank offers a lower interest rate of 9.25% on Loan Against Property when compared to HSBC Bank which offers a Loan Against Property at 9.80%.

Popular Loan Against Property Tools

Popular Search for Karur Vysya Bank Loan Against Property

Popular Search for HSBC Bank Loan Against Property

Compare Karur Vysya Bank Loan Against Property With Other Banks

Compare HSBC Bank Loan Against Property With Other Banks

Notification ×

Home Loan
Home Loan at all-time low rates starting at 6.65%. 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 9.50% with Cashback of up to ₹ 500
Apply Now
Loan Against Property
Best Loan Against Property Offers starting @ 7.20%. 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 - Jun 2021

2021-06-16 : Ujjivan Small Finance Bank collaborates with MoEngage
Ujjivan Small Finance Bank has collaborated with customer engagement platform MoEngage to provide digital banking services in remote areas of the country. The aim is to build a wide presence of the bank with customers in the unserved regions through digital services.
2021-06-15 : Indian Overseas Bank declared a profit of Rs 831 crore
IOB closed the last fiscal with a net profit of Rs.831 crore as against a net loss of about Rs.8,527 crore. The total income for the year ended 31.03.2021 stands at Rs.22,525 crore as against Rs.20,766 crore for FY20. IOB plans to come up with Prompt Corrective Action to focus on loan recovery, low-cost deposits and less capital consuming advances.
2021-06-14 : IDFC First Bank’s helping hand for the covid-affected families of employees
To help the families of employees who lost their lives due to covid, IDFC First Bank is offering compensation of upto 4 times of the CTC along with a salary of two years. Along with that, the bank is also wavering the loans of such employees to reduce the burden on the employees’ family.
2021-06-10 : Rural Loan Collections to be affected by the Second wave
As the borrowers are continuously facing the issues created by the pandemic, India Ratings - a rating agency reported that the collections of Rural Loan which includes Home Loan, Loan Against Property, Business Loan, Personal Loan, etc. will be vastly affected because of the second wave of Covid-19.
2021-06-10 : Edelweiss to become co-lending partners with Central Bank of India
Edelweiss Retail Finance Ltd. (ERFL) strengthened its co-lending partnership with the Central Bank of India in order to ensure priority sector lending to the MSMEs. MSMEs can now avail collateral free loans of upto 50 lakhs and Loan against property of upto Rs 10 crores.

*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

Calculate Your Income Tax ☺

Please wait while your information is being processed...