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INTEREST RATES AT A GLANCE
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Scheme
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Rate of Interest
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| Chitty Loan | Below 10 lakh is 12.00% (simple) and for defaulted accounts 14.00%. Above 10 lakh is 12.5% (simple) and for defaulted accounts 14.5%. |
| Chitty Prize Money Advance | 13.00% p.a. |
| Pass Book Loan | Below 10 lakh is 12.00% (simple) and for defaulted accounts 14.00%. Above 10 lakh is 12.5% (simple) and for defaulted accounts 14.5%. |
| KSFE Housing Loan/ HMS | 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) |
| KSFE Personal Loan |
12.00% yearly diminishing (Max. Period 60 months) (Default Penal Int. 18% p.a.on EMI) |
| Customer / Vehicle Loan | Regular – 13.00% p.a.(simple) Defaulter – 15.00% (simple) |
| Gold Loan | Upto and including Rs.10,000/- 8.50% per annum(simple) Defaulter – 9.50% / 10% p.a. simple. Rs. 10001 to Rs.20,000/- 9.50% per annum(simple) Defaulter – 10.50% / 11% p.a. simple Above Rs.20000/- and upto & including Rs.25,00,000/- 10.50% p.a. (simple) Defaulter – 11.50% / 12% p.a. simple(Default rate 6 months to 1 year = 1%, above 1 year =1.5%. Minimum Interest Rs.25/- for loans above Rs.5000/-) |
| Special Car Loan | 12.00% Monthly diminishing (upto 35 months) 14.00% Monthly diminishing (36 to 60 months) (Default Penal Int. 1.5% per month on EMI) |
| Fixed Deposit 1-year and above but not exceeding 3 years |
7.00% p.a. for FD from Public (8.00% p.a. for Senior Citizens) 7.50% p.a. for Chitty Prize Money deposits(8.00% p.a. for Senior Citizens) . |
| Fixed Deposit (Ooshmalam)(Special Scheme) 1-year |
7.25% p.a. for FD from Public (8.50% p.a. for Senior Citizens) 7.75% p.a. for Chitty Prize Money deposits. 8.50% p.a. for Prize Money deposits limited to future liability |
| Short Term Deposit | 30 days to 60 days 3.25% per annum 61 days to 90 days 4.25% per annum 91 days to 180 days 7% per annum 181 days to 364 days 5.50% per annum |
| Sugama Deposit |
6.5% on the minimum balance maintained in the
account between 6th and the last day of the any month. The interest will be credited twice in an year, on 30 September and 31 March. |
| Sugama Security Account | As in Sugama Deposit |
| Chitty Security Deposit-in-Trust | 8.00% per annum for Prize Money deposits limited to future liability(For senior citizens-8.00% per annum) ( For less than1 year -same as Short Term Deposit). |
| Sugama Akshaya Over Draft | Regular – 13.00% (daily diminishing) on product basis Defaulter – 15.00% |
| Fixed Deposit Loan | 2% above the FD interest rate |
| Vidhyadhanam Loan Scheme | Regular – 12.25% (simple) for EWS category(Annual income of parent or guardian of students is <1 lakh/year)- 12% (of which Govt. will give a subsidy of 4%) |
| Tax Planning Loan Scheme | Regular – 13.00% simple Defaulter- 15.00% |
| KSFE Haritham Loan Scheme | 12.75%p.a (simple diminishing) |
| Trade Finance | Regular – 13.00% p.a.(simple) Defaulter – 18% p.a. on EMI |
| Flexy Trade Loan | 13.00% (quarterly diminishing) on product basis |
Toll Free No: 1800 425 3455“BHADRATHA”, MUSEUM ROAD, P.B. NO.510, THRISSUR – 680 020
The Kerala State Financial Enterprises Ltd. – KSFE
A Govt. of Kerala Undertaking
INTEREST RATES AT A GLANCE
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