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Compare Punjab and Sind Bank vs Karnataka Bank Loan Against Property

Download Comparison
Bank
Interest Rate
Interest Rate
10.25% - 10.85%
11.13% - 12.33%
Processing Fees
Processing Fees
Upto 1.00%
Min ₹ 2,000; Max ₹ 50,000
NIL
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
12 Years
15 Years
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 1,210
₹ 1,145
Benchmark Rate
Benchmark Rate
RLLR
RLLR
Minimum Age
Minimum Age
21 Years
21 Years
Maximum Age
Maximum Age
65 Years
60 Years
Overdraft Facility
Overdraft Facility
N
N
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
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Compare Loan Against Property EMI of Punjab and Sind Bank and Karnataka Bank

Loan Amount Punjab and Sind Bank Karnataka Bank
₹ 10 Lakh ₹ 12,096 ₹ 11,448
₹ 15 Lakh ₹ 18,143 ₹ 17,172
₹ 30 Lakh ₹ 36,287 ₹ 34,343
₹ 50 Lakh ₹ 60,478 ₹ 57,239

Which is a better bank for Loan Against Property – Punjab and Sind Bank or Karnataka Bank?

Karnataka Bank offers lower Loan Against Property EMI at ₹ 1,145 on a Loan Against Property for 15 Years as compared to Punjab and Sind Bank with a minimum EMI of ₹ 1,210 for 12 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 Punjab and Sind Bank Loan Against Property compare with Karnataka Bank Loan Against Property?

It is important to do a detailed comparison of Punjab and Sind Bank and Karnataka 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 Punjab and Sind Bank Loan Against Property is 10.25%, which is lower than the lowest interest rate of Karnataka Bank at 11.13% and hence, Punjab and Sind 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 Punjab and Sind Bank with a processing fees of 1.00% of loan amount.
  • Karnataka Bank offers Loan Against Property upto 80% of the property value while Punjab and Sind Bank offers mortgage loan upto 50% of property value. Hence, Karnataka Bank can be a better option if you are looking for a high value amount.
  • Karnataka Bank is a with its Loan Against Property rates benchmarked to RLLR. On the other hand, Punjab and Sind 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 – Punjab and Sind Bank or Karnataka Bank?

As per the current rates, Punjab and Sind Bank offers a lower interest rate of 10.25% on Loan Against Property when compared to Karnataka Bank which offers a Loan Against Property at 11.13%.

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