Compare Karur Vysya Bank vs Federal Bank Personal Loan
Bank |
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Cashe
Axis Finance
|
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
IDFC First Bank
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
Syndicate Bank
Muthoot
Union Bank of India
Canara Bank
Bank of Maharashtra
Andhra Bank
Allahabad Bank
Federal Bank
PNB
Indian Overseas Bank
Indian Bank
IDBI Bank
Corporation Bank
Bank of Baroda
Standard Chartered Bank
Yes Bank
Cashe
Axis Finance
|
---|---|---|
Interest Rate | Interest Rate 8.70% - 19.00% |
10.49% - 17.99% |
Processing Fees | Processing Fees 0.40% |
0.5%, Min Rs. 500 |
Loan Amount | Loan Amount ₹ 50,000 to ₹ 10 Lakh |
₹ 50,000 to ₹ 10 Lakh |
Loan Tenure | Loan Tenure 12 to 36 Months |
12 to 48 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 3,166 |
₹ 2,560 |
Part Payment Charges | Part Payment Charges Allowed after 0 months at Nil prepayment charges |
Allowed after 0 months at Nil prepayment charges |
Foreclosure Charges | Foreclosure Charges Allowed after 0 months at Nil prepayment charges |
Allowed after 0 months at Nil prepayment charges |
Eligible Age | Eligible Age 25 to 60 Years |
21 to 55 Years |
Minimum Income | Minimum Income ₹ 20,000 |
₹ 50,000 |
Current Work Experience | Current Work Experience 12 Months |
36 Months |
Total Work Experience | Total Work Experience 24 Months |
NA |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) |
|
Compare Personal Loan EMI of Karur Vysya Bank and Federal Bank
Loan Amount | Karur Vysya Bank | Federal Bank |
---|---|---|
₹ 1 Lakh | ₹ 3,166 | ₹ 2,560 |
₹ 5 Lakh | ₹ 15,830 | ₹ 12,799 |
₹ 10 Lakh | ₹ 31,660 | ₹ 25,599 |
₹ 12 Lakh | ₹ 37,992 | ₹ 30,718 |
Which is a better bank for Personal Loan – Karur Vysya Bank or Federal Bank?
Federal Bank offers lower Personal Loan EMI at Rs. 2560 for 48 Months compared to Karur Vysya Bank with a minimum EMI of Rs. 3166 for 36 Months. In addition, average customer ratings for Federal Bank is currently at /5.0, making it a good choice for taking a Personal Loan.
How does Karur Vysya Bank Personal Loan compare with Federal Bank Personal Loan?
It is important to make a detailed comparison of Karur Vysya Bank and Federal 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:
Which bank offers a lower interest rate on Personal Loan – Karur Vysya Bank or Federal Bank?
As per the current rates, Karur Vysya Bank offers a lower interest rate of 8.70% on loans compared to Federal Bank, which offers a Personal Loan at 10.49%.
Know more about Karur Vysya Bank Personal Loan
Know more about Federal Bank Personal Loan
Compare Karur Vysya Bank Personal Loan With Other Banks
Compare Federal Bank Personal Loan With Other Banks
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