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 Loan
Chitty is a unique scheme incorporating the aspects of a recurring deposit and an advance scheme.
Fixed Deposit
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.
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INTEREST RATES 2022
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Scheme
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Rate of Interest 2022
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| Chitty Loan | Regular – 11.25% to 11.75% (Monthly Diminishing) Defaulter – 13.50% to 14.00% (Monthly Diminishing) |
| Chitty Prize Money Advance | 12.25% p.a. |
| Pass Book Loan | Regular – 10.75% (simple) Defaulter – 13.25% (simple) |
| KSFE Housing Loan/ HMS | Rs.10 lakhs & below: 8.50% p.a. (yearly diminishing) Above Rs.10 lakhs & upto 75 lakhs: 9.25% 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 |
11.00% yearly diminishing (Max. Period 60 months) Secured
11.50% yearly diminishing (Max. Period 60 months) Un-Secured |
| Cunsumer / Vehicle Loan | Regular – 12.00% p.a.(simple) Defaulter – 14.00% (simple) |
| Trade Finance | Regular – 13.00% p.a.(simple) Defaulter – 18% p.a. on EMI |
| Gold Loan | Upto and including Rs.20,000/- 6.75% per annum (simple)
Rs. 20,001 to Rs.30,000/- 8.5% per annum (simple) Above Rs.30,000/- and upto & including Rs.25,00,000/- 9.5% p.a. (simple) Default rate Minimum Interest Rs.25/- for loans above Rs.5000/- |
| Gold Loan Janamithram | 4.9% Yearly Diminishing with EMI 12 % penal interest on EMI |
| Special Car Loan | Regular – 12.00% p.a.(Monthly diminishing )
Defaulter – 18.00% (on EMI) |
| Fixed Deposit Loan | 2% above the FD interest rate |
| Fixed Deposit 1-year and above but not exceeding 3 years |
6% p.a. for FD from Public
6.75% p.a. FD for Senior Citizens 6.25% p.a. for Chitty Prize Money deposits |
| 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 |
| Sugama Deposit |
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, |
| Chitty Security Deposit-in-Trust | 6.75% 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% |
