Consumer Vehicle Loan (CVL)

Purpose

KSFE CVL Scheme helps you in acquiring white articles, vehicles etc., which you have always dreamed of owning

Available for  

The articles for which CVL is made available include all consumer durable articles including computers, motor vehicles -two & four wheelers, certain durable medical equipments for clinics, agricultural equipments/ appliances etc.

What is the maximum amount of advance?

The maximum amount of advance is Rs.15,00,000/- under this category.

Security Acceptable

 Types of security acceptable for chitty prize money are acceptable in the case of CVL also.

Interest Rate

15% (simple) is the interest rate applicable and for defaulted accounts 17%(simple) .

Duration

The duration of the advance is between 12 months and 60 months.

To avail this facility, please check our branch list and get in touch with the branch
which is most convenient for you.