Trade Finance

KSFE Trade Finance is an advance to the small scale traders to enhance their working capital. The maximum finance limit for a trader is Rs.1 lakh. The scheme can be availed by producing valid proof to show that the applicant has a small-scale business venture. A site inspection will be conducted to verify the location…

Fixed Deposit

KSFE lets you make fixed deposits with higher interest rates. Fixed deposit scheme offered by KSFE has many features similar to that of Fixed Deposits (FD) in banks. But the return offered by KSFE is comparatively higher than that of banks. The interest rate of deposits from the public is 6.25% per annum, chitty prize…

KSFE Home Loan

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…

Car Loan

Loan offered by KSFE for buying new cars. This loan can be availed by salaried persons having a net monthly pay exceeding Rs.10,000 and self-employed professionals/businessmen/income tax assessee having an average annual income more than Rs.2 lakhs for the last 3 years. The minimum period of loan is 6 months and the maximum is 60…

Sugama Deposit Scheme

One of the best deposit schemes offered by KSFE. Sugama Deposit Scheme, in its mode of action/procedure, is comparable to the Savings Bank deposits in banks, but with a higher interest rate. Sugama Scheme is the best in the savings account category as it is offering an interest rate of 5.5%, while the maximum interest…

Consumer/Vehicle Loan

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…

Chitty Loan

What is Chitty Loan For? Chitty Loan is a bridge between your actual financial need and the delay in chitty getting prized in your favour When am I eligible for a chitty loan? If you are a non-prized subscriber in a chitty and remitted 10% of the total number of instalments promptly, you are eligible…

Gold Loan

KSFE GOLD LOAN Purpose: The Scheme is intended to provide short term loans for people who are urgently in need of money, on the security of gold ornaments. Loan Limit:  Maximum loan amount in this scheme is limited to Rupees 25 Lakhs per individual per day. Interest Rate: Upto and including Rs.10,000/- 7.50% per annum(simple)…

What is a Chitty?

The word ‘Chit,’ suggests the origin of Chit Funds. ‘Chit’ means a written note on a small piece of paper. The Malayalam equal for the word ‘chitty,’ is ‘Kuri,’ which has been derived from ‘Kurippu’ (which means a piece of writing or script). The ‘Chitty’ or ‘Kuri’ is derived, the root being the ‘lot.’ The…