Consumer Vehicle Loan (CVL)
KSFE CVL Scheme helps you in acquiring white articles, vehicles
etc., which you have always dreamed of owning
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.
is the maximum amount of advance?
maximum amount of advance is Rs.15,00,000/- under this category.
Types of security acceptable for chitty prize money are acceptable
in the case of CVL also.
13.00% (simple) is the interest rate applicable and for defaulted
accounts 15.00%(simple) .
The duration of the advance is between 12 months and 60 months.
avail this facility, please check our branch list and get in touch
with the branch
which is most convenient for you.