Check Interest Rates of Loans from Kerala State Financial Enterprises Limited. Non-Banking Finance Company fully owned by the Government of Kerala. Chitty Loan, Home loan, Chitty Prize Money Advance, KSFE Personal Loan, Vehicle Loan, Gold Loan, Flexy Trade Loan, Special Car Loan, Fixed Deposit Loan, Vidhyadhanam Loan Scheme.
Chitty is a unique scheme incorporating the aspects of a recurring deposit and an advance scheme.
KSFE lets you make fixed deposits with higher interest rates. Fixed deposit scheme offered by KSFE has many features similar to that of Fixed Deposits.
Loan & Advance Scheme
Loan scheme for the customers which allows the customer to take a maximum.
INTEREST RATES 2020
Rate of Interest 2020
|Chitty Loan||Regular – 13.00% (Monthly Diminishing)
Defaulter – 15.00% (Monthly Diminishing)
|Chitty Prize Money Advance||13.00% p.a.|
|Pass Book Loan||Regular – 12.50% (simple)
Defaulter – 14.50% (simple)
|KSFE Housing Loan/ HMS||Rs.10 lakhs & below: 9.00% p.a. (yearly diminishing)
Above Rs.10 lakhs & upto 75 lakhs: 9.75% p.a (yearly diminishing)
( Max. period 30 years or attainment of 70 years of age whichever is earlier)
[up to the fixation of EMI- 13.25%(simple)]
(Penal rate 18% per annum on EMI)
|KSFE Personal Loan
||12.00% yearly diminishing (Max. Period 60 months)
(Default Penal Int. 18% p.a.on EMI)
|Customer / Vehicle Loan||Regular – 13.00% p.a.(simple)
Defaulter – 15.00% (simple)
|Trade Finance||Regular – 13.00% p.a.(simple)
Defaulter – 18% p.a. on EMI
|Gold Loan||Upto and including Rs.20,000/- 9.50% per annum(simple) Defaulter – 10.50% pa. simple
Above Rs.20000/- and upto & including Rs.25,00,000/- 10.50%(simple) Defaulter – 11.50% pa. simple
(Minimum Interest Rs.25/- for loans above Rs.5000/-)
|Flexy Trade Loan||13.00% (quarterly diminishing) on product basis|
|Special Car Loan||12.00% Monthly diminishing (upto 35 months) 14.00% Monthly diminishing (36 to 60 months)
(Default Penal Int. 1.5% per month on EMI)
|Tax Planning Loan Scheme||Regular – 13.00% simple
|Fixed Deposit Loan||2% above the FD interest rate|
1-year and above but not
exceeding 3 years
|7.00% p.a. for FD from Public (8.00% p.a. for Senior Citizens)
7.50% p.a. for Chitty Prize Money deposits(8.00% p.a. for Senior Citizens) .
|Short Term Deposit||30 days to 60 days 3.25% per annum
61 days to 90 days 4.25% per annum
91 days to 180 days 4.75% per annum
181 days to 364 days 5.50% per annum
5.5% on the minimum balance maintained in the
account between 6th and the last day of the any month.
The interest will be credited twice in an year,
on 30 September and 31 March.
|Sugama Security Account||As in Sugama Deposit|
|Chitty Security Deposit-in-Trust||8.00% per annum for Prize Money deposits limited to future liability(For senior citizens-8.00% per annum)
( For less than1 year -same as Short Term Deposit).
|Sugama Akshaya Over Draft||Regular – 13.00% (daily diminishing) on product basis
Defaulter – 15.00%
|Vidhyadhanam Loan Scheme||Regular – 12.25% (simple)
for EWS category(Annual income of parent or guardian of students is <1 lakh/year)- 12% (of which Govt. will give a subsidy of 4%)
|KSFE Haritham Loan Scheme||12.75%p.a (simple diminishing)|