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LOANS AND ADVANCES

PASSBOOK LOAN

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The KSFE Passbook Loan is a collateral-free loan available to non-prized chitty subscribers of KSFE based on their chitty savings.

KSFE PASSBOOK LOAN

KSFE PASSBOOK LOAN

  • Available to non-prized chitty subscribers, provided that their chitty is up to date.
  • No security is required other than the chitty passbook.
  • Interest rate of 11.50% (simple) for non-defaulted accounts and 13.50% for defaulted accounts.
  • The loan amount is based on certain discounts from the paid-up amount in the respective chitty.

Interest Rates

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Rates are indicative and may vary due to market conditions

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