KSFE helps you build your dream home. KSFE Home Loan is also available for purchasing land for housing, renovation of existing house and for the outright purchase of house/flat. To avail this loan scheme, one must fulfill/meet any one of the following criteria: the applicant must be a salaried person, businessmen who are income tax assesses, NRIs, persons earning rental income or professionals like doctors/engineers/lawyers/chartered accountant. The principal is repayable within a period of 360 months (i.e, 30 years) or applicant’s attainment of 70 years of age, whichever is earlier.
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)