|
INTEREST RATES AT A
GLANCE
|
|
Scheme
|
Rate
of Interest
|
| Chitty
Loan |
Regular
- 13.00% (simple)
Defaulter
- 15.00% (simple)
|
| Chitty
Prize Money Advance |
13.00%
p.a. |
| Pass
Book Loan |
Regular
- 12.50% (simple)
Defaulter
- 14.50% (simple) |
|
KSFE
Housing Loan/ HMS
|
Rs.10
lakhs & below: 9.00% p.a. (yearly diminishing)
Above
Rs.10 lakhs & upto 75 lakhs: 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)
|
| Trade
Finance |
Regular
- 13.00% p.a.(simple)
Defaulter - 18% p.a. on EMI |
| Gold
Loan |
Upto and including Rs.20,000/- 9.50% per annum(simple)
Defaulter - 10.50% pa. simple
Above Rs.20000/- and upto & including Rs.25,00,000/- 10.50%(simple)
Defaulter - 11.50% pa. simple
(Minimum Interest Rs.25/- for loans above Rs.5000/-)
|
|
Flexy Trade Loan |
13.00%
(quarterly diminishing) on product basis |
|
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) |
|
Tax Planning Loan Scheme |
Regular
- 13.00% simple
Defaulter- 15.00% |
|
Fixed Deposit Loan |
2%
above the FD interest rate |
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) .
|
|
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 4.75% per annum
181 days to 364 days 5.50% per annum
|
|
Sugama Deposit |
5.5%
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).
|
|
|
Regular
- 13.00% (daily diminishing) on product basis
Defaulter - 15.00% |
|
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%) |
|
KSFE Haritham Loan Scheme |
12.75%p.a
(simple diminishing) |
