Loan Interest Rates

Interest rates on schematic loans (w.e.f. 1st July 2025)

NOTE: INTEREST RATES ARE LINKED TO EXTERNAL BENCHMARK LENDING RATE (EBLR) FOR LOAN UP TO RS. 750.00 LAKH

All the general public / borrower clients are hereby informed that the bank has introduced the following options to the borrowers/customers in respect of EMI (equated monthly installments) based personal loans – individuals in line with RBI guidelines: Enhancement in EMI or elongation of tenor or for a combination of both options at the time of reset of interest rate. To prepay, either in part or in full, at any point during the tenor of the loan without any foreclosure/pre-closure charges. To switch over from floating rate of interest to fixed rate of interest at the time of interest reset. To opt for fixed/floating interest rate while applying fresh limits. 

For any additional information regarding migration of existing loans from base rate / MCLR/EBLR to fixed rate of interest and fixed interest rate to EBLR, kindly contact the branch.

No. Scheme Effective rate (%)
1 KBL - Apna Ghar / Elite: (Finance for purchase/ renovate house)
a Up to and inclusive of ₹ 750.00 lakh 8.40-10.86
2 KBL Winback Scheme 8.62-9.27
3 KBL-Home Comfort: (Finance for furnishing house)
a For Individual 9.55 - 11.23
4 KBL Ghar Niveshan - Finance for purchase of house site 9.58-11.73
5 KBL Home Top Up - (Finance for meeting personal requirements) 9.55-11.23
6 KBL Car Finance: (Finance for purchase of car)
a New vehicles (Risk Based Interest Rates, linked CIBIL Score) 9.26-11.64
b Old vehicles 12.39
c Electric Car (Risk Based Interest Rates, linked CIBIL Score) 9.16-11.54
7 KBL Easy Ride : (Finance for purchase of two wheeler) 11.96
8 KBL Agri Gold Loan: (Finance against security of gold ornaments for agriculture purpose- from 2,01,000 to 2,50,00,000)) 9.83
9 KBL Salaried Persons Loan: (Scheme for Financing Salaried persons) 13.71
10 KBL Insta Cash: (For Consumption Purposes-against NSC, LIC etc. 11.21
11 KBL MSME: (Finance for Micro, small and Medium Enterprises)
a MSME loans 9.91-16.55
12 KBL-Mortgage : (Finance for meeting business/personal requirements)
a Up to ₹ 750.00 lakh 9.50-13.30
13 KBL Mortgage OD: (Finance for meeting business / professional /working capital requirements) 10.96-13.46
14 KBL Suvidha OD : (Finance for meeting Personal requirements) 11.96
15 KBL Lease N Cash: (Finance for meeting credit requirement of property owners) 10.30-13.30
16 KBL Mahila Udyog: (Finance for Women Entrepreneur) 10.71
17 KBL Ravikiran: (Finance for generation of Solar power) 11.46
18 KBL Peak: (Finance for education) 9.18-13.18 *
* 0.1% concession is available for Girl Student who opt for STEM Course.
19 KBL Contractor Mitra: (Finance for contractors for meeting business requirements) 10.46-12.96
20 KBL Agro Processing: ( Finance for Food and Agro processing sector)
a Old Vehicle 12.96
b All other Agro Processing Loans 9.46-14.96
21 General Gold Loan - Up to ₹50 lakh 10.03-10.48
22 KBL Business Quick Loan 10.96
23 KBL Micro Mitra 10.96
24 PM SVANidhi 11.46
25 KBL Kusum 10.71-10.96
26 KBL Krishi Samuday 9.46-11.71
27 KBL Commercial Vehicle without collateral 9.83-12.73
28 KBL Equipment loan 10.18-12.53
29 KBL Dropline OD 10.03-12.46
30 KBL – Loan to Approved Land 9.18-11.03
31 KBL G – PERL 11.28-15.28
32 KBL Contractor 10.53-10.78
33 KBL – CA Credit Line 9.82-13.07
34 KBL – Medi Equip Loan 9.99-10.74
35 KBL – Krushi Bhoomi 11.16-12.21
36 KBL – Krushi Tractor 10.23

Terms and conditions apply.