e l c o m e t o K S F E ...........Govt.
of Kerala Owned Miscellaneous Non-Banking Company
For what purposes can I avail of Housing Finance?
This finance is available for :
» Building your
» Purchase of house
» Outright purchase
Renovation of existing house
I eligible for the advance? You
are eligible for the advance if you belong to one of the following
like doctors, engineers, chartered accountants, lawyers etc.
Businessmen who are income tax assessees.
Persons earning rental income. What
is the maximum duration of the advance?
You will have to repay the principal, along with the interest,
within a maximum period of 360 months (i.e, 30 years) or attainment
of 70 years of age whichever is earlier. What
is the maximum advance that I can obtain? The
amount of advance is limited to such amount, the corresponding
monthly instalments of which does not exceed 45% of your monthly
is the interest rate of the advance?
& Period Interest rate Rs.10 lakhs and below
9.00 % p.a (Yearly Diminishing)
Above Rs.10 lakhs and upto 75 lakhs
9.75 % p.a (Yearly Diminishing)
What are the securities acceptable for availing
of the advance? ·
For the purchase of plot, the advance will be limited to 75% of
value of the plot.
In the case of outright purchase of plot and house, the advance
will be limited to 75% of the documented value of the plot and
For house construction, the advance amount will be limited to
75% of the estimated
value of the house to be constructed.The
land and/or house, as the case may be, will be the security for
avail this facility, please check our branch list and get in
touch with the branch
which is most convenient for you.