Phone : 04662212158
Cell : 09447797178
web : www.ksfe.com
KSFE is a Government of Kerala Undertaking.
A FRIENDLY NAME IN THE HOUSEHOLD
I. 1. Chitty Scheme:
II. Advances and Loans :
2. Consumer / Vehicle Loan Scheme (CVL) :
With an object of providing advance facilities for the acquisition of consumer durables, vehicles, home appliances like TV, Refrigerators, Computers etc. on diminishing rate of interest and on easy repayment plans.
3. Gold Loan Scheme (GL) :
Short term advances up to Rs. 3,00,000/- for a maximum period of six months and the facility to renew up to two years subject to other conditions.
4. Trade Financing Scheme (TFS) :
For providing financial assistance up to Rs. 1,00,000/- to small traders, depending upon their requirements and repayment capacity,repayable with reasonable rate of interest within a maximum period of 60 months.
5. Reliable Customer Loan (RCL) :
For providing financial assistance to the general public on separate security repayable with interest applicable within 36 to 48 months.
6. Car Loan (CL) :
To provide loans for purchase of new four wheelers to a maximum of 85% of the 'on the road cost' to salaried persons having a net monthly pay exceeding Rs. 10,000/- and to self employed Professionals/ Businessmen/ IT assesses having an average annual total income exceeding Rs. 2,00,000/- for the three previous years, with a repayment period of 60 months (maximum)at monthly diminishing rate of interest depending upon the period of repayment opted.
7. Housing Finance Scheme (HFS) :
Finance under this scheme is available up to Rs. 4,00,000/- for purchase of dwelling sites and up to Rs. 10,00,000/-for purchase/ construction of dwelling houses/ extension of existing buildings beyond 300 Sq. Ft. on easy repayment terms extending for a period from 5 years (for purchase of dwelling sites) to 15 years in the case of purchase/ construction of dwelling houses.
Advances up to Rs. 2,00,000/- repayable within 84 months at reasonable rate of interest will be allowed for modification/ renovation and extension of existing houses. Extension/ renovation of existing houses up to 300 Sq.Ft. will be considered under this scheme.
III. Deposits :
8. Chitty Security Deposit in Trust Scheme (CSDT) :
Under this scheme, Chitty Prize money is accepted as security against future liability, repayable with interest on termination or on furnishing adequate alternate security. This offers a higher rate of interest.
9. Fixed Deposit Scheme (FD) :
The Company provides an attractive opportunity to the public to deposit profitably and safely through its Fixed Deposit Scheme which offers attractive interest rates. The repayment of deposits mobilised by the Company are guaranteed by the Government of Kerala. Loans up to 90% of the deposit amount is available at 2% above the rate of interest of the deposit.
11. Sugama Deposit Scheme :
This scheme envisages maintenance of personal accounts in the name of individuals, associations etc., in which deposits and withdrawals are permitted. The repayment of deposits and interest thereon (at present 5.5%) are guaranteed by the Government of Kerala.
IV. Other Schemes :
8. Western Union Money Transfer Services (WUMT) :
This is a venture with M/s. Paul Merchants Ltd. (Principal agent of Western Union) for providing an additional financial service to the public, whereby, people abroad can remit money to their relatives here, which they can receive without any delay.
9. Life Insurance (LIC) :
This is with an MOU with the Life Insurance Corporation of India to act as its Corporate Agent to enroll the general public to the various schemes of LIC.
The different types of Securities acceptable for our Chitty and Various Lending Schemes :
The following are the Securities/ Sureties acceptable:
a) Personal sureties inclusive of Professionals such as Doctors, Engineers, Chartered Accountants, Advocates etc.
b) Immovable properties
c) Government Securities
d) Fixed Deposits in KSFE and/ or Banks
e) National Savings Certificates (NSC)
f) Kisan Vikas Patra (KVP)
g) LIC Policies
h) Bank Guarantee
i) Paid up amounts in Non Prized KSFE Chitties
j) Gold jewels: (Provides public an easy way to secure the liabilities, and also serves as a free and safe Locker facility
You can find here, general information about KSFE chitties and subscription details of all running chitties of our branch.
If you are from PATTAMBI or nearby places, you are invited to our Branch to join our chitties and also to avail any advances you may need.
How To Join
To enroll in KSFE chitty, you need to submit a form, called CHITTY UDAMPADY. You can obtain the variola in person from our office. Or you can send us email to: email@example.com or firstname.lastname@example.org, or call (0)9447797178 or (0466)2212158. We will be sending you the application form (Chitty Udampady) by post.
You can also leave a comment mentioning your email id and/or mobile number. We will get in touch with you.
(Short Term - Below 5 years)
25,000 40 10,00,000
20,000 50 10,00,000
5,000 60 3,00,000
5,000 40 2,00,000
2,500 40 1,00,000
2,000 50 1,00,000
1,000 50 50,000
(Long Term - more than 5 years)
Monthly Duration Sala