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 13.00% (simple) is the interest rate applicable and for defaulted accounts 15.00%(simple) .
Duration The duration of the advance is between 12 months and 60 months.
