A private sector banking institution, Karnataka Bank Ltd is based in Mangaluru, Karnataka, and as privately owned by more than 146,000 shareholders. The bank has 1374 ATMs and 811 branches that serve its customer base of 9.65 million people all over India. The bank was founded in 1924 and has come a long way in becoming the reputed commercial banking institution that it is today. Karnataka Bank offers an exclusive personal loan product for salaried individuals called ‘KBL Salaried Persons Scheme’. Self-employed professionals can avail their ‘KBL Insta Cash’ offer and avail a maximum loan amount of INR 500 lakh. The bank has earned various accolades for its quality services and constantly lives up to its tagline of ‘Your Family Bank Across India’. It was awarded the Sun and NDTV Green IT Award in 2008 and the Best Bank Award for ‘Managing IT Risk’ by IDRBT (Institute for Development and Research in Banking Technology) in 2010-11. Following are more details on the Karnataka Bank personal loan eligibility criteria, features and charges.