There are two fee based services offered by KSFE namely,
In order to provide money transfer services to the customers, KSFE joined hand with the international money transfer service provider, Western Union to act as their agent partner for providing money transfer services anywhere in the world. Money transfer can be done only from a foreign country to India. Transfers within the country and out of the country are not permitted under this scheme.
This is the second venture of KSFE in the field of money transfer service, a fee based activity, joining hands with M/s UAE Exchange and Financial Services Limited. With this service, relatives of NRKs working abroad, especially in the Middle East will be able to get cash within minutes through our branches.
Customers have to bring in details of a valid ID proof such as passport, Voter’s ID, driving license, PAN card, Adhar card, NPR card, student ID (issued by Govt. colleges/schools), bank passbook with photo etc. In the case of foreigners, valid passport is the only acceptable ID.
KSFE introduced Safe Deposit Locker facility in some units in order to expand our range of services to the public. Lockers may be hired in the names of individuals, firms, companies, association of persons or clubs, trustees, NRIs, Govt. departments, co-operative societies and/or body of individuals. Lockers can also be opened in the name of minors duly represented by a guardian.
The rent of the locker is fixed at the rate of Rs.800 + tax for public and Rs.700+ tax for chitty subscribers, on yearly basis. Nomination facility is available for locker holders.