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 Karur Vysya Bank vs Standard Chartered Bank Loan Against Property

Download Comparison
Bank
Interest Rate
Interest Rate
9.25% - 12.50%
10.10% - 10.10%
Processing Fees
Processing Fees
Upto 0.50%
Upto 1.00%
Min ₹ 10,000;
Maximum Loan Amount
Maximum Loan Amount
₹ 5 Cr
₹ 5 Cr
Loan to Property Value Ratio
Loan to Property Value Ratio
Upto 40%
Upto 70%
Maximum Tenure
Maximum Tenure
9 Years
15 Years
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 1,368
₹ 1,081
Benchmark Rate
Benchmark Rate
RLLR
3_month MCLR
Minimum Age
Minimum Age
21 Years
21 Years
Maximum Age
Maximum Age
65 Years
65 Years
Overdraft Facility
Overdraft Facility
Y - OD
Y - Home Saver
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
4/5.0
4.1/5.0
Add Bank

Compare Loan Against Property EMI of Karur Vysya Bank and Standard Chartered Bank

Loan Amount Karur Vysya Bank Standard Chartered Bank
₹ 10 Lakh ₹ 13,676 ₹ 10,807
₹ 15 Lakh ₹ 20,514 ₹ 16,211
₹ 30 Lakh ₹ 41,027 ₹ 32,422
₹ 50 Lakh ₹ 68,379 ₹ 54,037

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

Standard Chartered Bank offers lower Loan Against Property EMI at ₹ 1,081 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 Standard Chartered Bank is currently at 4.1/5.0 which makes it a good choice for taking a Loan Against Property.

How does Karur Vysya Bank Loan Against Property compare with Standard Chartered Bank Loan Against Property?

It is important to do a detailed comparison of Karur Vysya Bank and Standard Chartered 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 Karur Vysya Bank Loan Against Property is 9.25%, which is lower than the lowest interest rate of Standard Chartered Bank at 10.10% 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 Standard Chartered Bank with a processing fees of 1.00% of loan amount.
  • Karur Vysya Bank offers Loan Against Property upto 70% of the property value while Standard Chartered Bank offers mortgage loan upto 40% of property value. Hence, Karur Vysya Bank can be a better option if you are looking for a high value amount.
  • Karur Vysya Bank is a with its Loan Against Property rates benchmarked to RLLR. Standard Chartered Bank is a with its home loan rates benchmarked to MCLR.
  • Standard Chartered Bank has an average customer ratings of 4.1, while Karur Vysya Bank has an average customer rating of 4, based on which it is clear that Standard Chartered Bank has a high customer service focus, an easy Loan Against Property process and a quick turnaround.
  • Karur Vysya Bank offers special discounted rate Loan Against Property schemes for women, while Standard Chartered Bank currently doesn’t have such schemes for women. Hence, women borrowers should consider Karur Vysya Bank.
  • One unique feature overdraft facility, which is nowadays a popular facility demanded by high salaried and business customers, and is offered by Karur Vysya Bank and Standard Chartered Bank.

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

As per the current rates, Karur Vysya Bank offers a lower interest rate of 9.25% on Loan Against Property when compared to Standard Chartered Bank which offers a Loan Against Property at 10.10%.

Popular Loan Against Property Tools

Popular Search for Karur Vysya Bank Loan Against Property

Popular Search for Standard Chartered Bank Loan Against Property

Compare Karur Vysya Bank Loan Against Property With Other Banks

Compare Standard Chartered 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 9.99% 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
*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
Loader
Please wait while your information is being processed...