Bahra University - Shimla Hills

Private Bank News

Karur Vysya Bank Hikes Loan Interest Rates: EMI Set to Rise for Home, Car, and Personal Loan Borrowers

Karur Vysya Bank Hikes Loan Interest Rates: EMI Set to Rise for Home, Car, and Personal Loan Borrowers

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August 22, 2026

Karur Vysya Bank has revised its Marginal Cost of Funds Based Lending Rates (MCLR) upward across all tenures, effective August 22, 2026. The interest rate hike will lead to higher EMIs for existing floating-rate retail loan borrowers.