INTEREST RATES AT A GLANCE

INTEREST RATES AT A GLANCE
Scheme	Rate of Interest
Chitty Loan	Below 10 lakh is 12.00% (simple) and for defaulted accounts 14.00%. Above 10 lakh is 12.5% (simple) and for defaulted accounts 14.5%.
Chitty Prize Money Advance	13.00% p.a.
Pass Book Loan	Below 10 lakh is 12.00% (simple) and for defaulted accounts 14.00%. Above 10 lakh is 12.5% (simple) and for defaulted accounts 14.5%.
KSFE Housing Loan/ HMS	Rs.10 lakhs & below: 9.00% p.a. (yearly diminishing) Above Rs.10 lakhs & upto 1 Crore: 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)
Gold Loan	Upto and including Rs.10,000/- 8.50% per annum(simple) Defaulter – 9.50% / 10% p.a. simple. Rs. 10001 to Rs.20,000/- 9.50% per annum(simple) Defaulter – 10.50% / 11% p.a. simple Above Rs.20000/- and upto & including Rs.25,00,000/- 10.50% p.a. (simple) Defaulter – 11.50% / 12% p.a. simple(Default rate 6 months to 1 year = 1%, above 1 year =1.5%. Minimum Interest Rs.25/- for loans above Rs.5000/-)
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)
Fixed Deposit 1-year and above but not exceeding 3 years	6.50% p.a. for FD from Public (7.75% p.a. for Senior Citizens) 7% p.a. for Chitty Prize Money deposits(7.75% p.a. for Senior Citizens) 7.75% p.a. for Prize Money deposits limited to future liability
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 6.25% per annum 181 days to 364 days 5.50% per annum
Sugama Deposit	6% 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	7.75% per annum for Prize Money deposits limited to future liability ( For less than1 year -same as Short Term Deposit).
Sugama Akshaya Over Draft	Regular – 13.00% (daily diminishing) on product basis Defaulter – 15.00%
Fixed Deposit Loan	2% above the FD interest rate
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%)
Tax Planning Loan Scheme	Regular – 13.00% simple Defaulter- 15.00%
KSFE Haritham Loan Scheme	12.75%p.a (simple diminishing)
Trade Finance	Regular – 13.00% p.a.(simple) Defaulter – 18% p.a. on EMI
Flexy Trade Loan	13.00% (quarterly diminishing) on product basis

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