INTEREST RATES ON SCHEMATIC LOANS w.e.f. 01.11.2022
| Sl.No | SCHEME | Effective Rate (%) |
|---|---|---|
| 1 | KBL –Apna Ghar/Elite : (Finance for purchase/renovate house) | |
| Up to Rs.75.00 lakh | 8.54 - 9.79 | |
| Above Rs.75.00 lakh | 8.54 - 9.89 | |
| 2 | KBL-Home Comfort : (Finance for furnishing house) | |
| For Individual | 10.21 - 10.61 | |
| 3 | KBL-Ghar Niveshan : (Finance for purchase of house site) | 11.93 - 13.13 |
| 4 | KBL Home Top Up : (Finance for meeting personal requirements) | 10.21 - 10.61 |
| 5 | KBL-Car Finance : (Finance for purchase of car) | |
| New vehicles (Risk Based Interest Rates, linked CIBIL Score) | 9.09 - 11.04 | |
| Old vehicles | 11.04 | |
| Electric Car (Risk Based Interest Rates, linked CIBIL Score) | 8.99 - 11.04 | |
| 6 | KBL Easy Ride : (Finance for purchase of two wheeler) | 13.48 |
| 7 | KBL-Agri Gold loan : (Finance against security of gold ornaments for agriculture purpose) | 9.23 |
| 8 | KBL-Salaried Persons Loan : (Scheme for Financing Salaried persons) | 13.48 |
| 9 | KBL- Insta Cash : (For Consumption Purposes-against NSC,LIC etc) | 12.45 |
| 10 | KBL-MSME : (Finance for Micro, small and Medium Enterprises) | |
| Old Vehicles (based on risk rating of borrower) | 12.50 - 13.48 | |
| All other MSME loans | 10.45 - 13.48 | |
| 11 | KBL-Mortgage : (Finance for meeting business/personal requirements) | |
| Upto Rs. 500.00 lakh | 11.93 - 13.13 | |
| 12 | KBL-Mortgage-OD(Finance for meeting business / professional/working capital requirements) | 12.13 - 13.33 |
| 13 | KBL Suvidha-OD (Finance for meeting Personal requirements) | 13.48 |
| 14 | KBL-Lease N Cash (Finance for meeting credit requirement of property owners) | 11.33 - 12.58 |
| 15 | KBL- Mahila Udyog : (Finance for Women Entrepreneur ) | 11.30 |
| 16 | KBL-Ravikiran : (Finance for generation of Solar power) | 12.80 |
| 17 | KBL-Vidyanidhi : (Finance for Education) | |
| For General up to Rs.7.50 lakh (under CGFSEL) | ||
| a. Normal | 10.45 | |
| b. Meritorious | 10.45 | |
| c. Girl Student | 10.45 | |
| d. Girl Meritorious | 10.45 | |
| For General above Rs.7.50 lakh | ||
| a. Normal | 12.85 | |
| b. Meritorious | 12.85 | |
| c. Girl Student | 12.85 | |
| d. Girl Meritorious | 12.79 | |
| For Vocational Courses/Skill Development loans (under CGFSSD) | ||
| a. Normal | 9.95 | |
| b. Meritorious | 9.95 | |
| c. Girl Student | 9.95 | |
| d. Girl Meritorious | 9.95 | |
| 18 | KBL-Contractor Mitra : (Finance for contractors for meeting business requirements) | 10.45 - 11.80 |
| 19 | KBL-Commodity Pledge Loan : (Finance for Traders/Millers against pledged agri commodities) | 11.50 |
| 20 | KBL-Agro Processing : (Finance for Food and Agro processing sector) | |
| Old Vehicle | 13.48 | |
| All other Agro Processing Loans | 10.65 - 11.45 | |
| 21 | General Gold Loan - Up to Rs. 2.00 lakh | 9.53 |
| Above Rs. 2.00 lakh to Rs. 25.00 lakh | 9.83 | |
| 22 | KBL Business Quick Loan | 10.33 |
| 23 | KBL Micro Mitra | 11.05 |
| 24 | KBL GOLD en CASH-OD | 9.78 |
| 25 | PMSVANidhi | 12.63 |
| 26 | KBL GECL | 9.25/7.50 |
| 27 | KBL Aarogya | 8.79 |
| 28 | KBL-KUSUM | 10.54 - 10.84 |
| 29 | KBL-ParyaTan | 8.99 |
| 30 | KBl-KRISHI SAMUDAY | 9.79 - 10.54 |
*Terms & Conditions Apply
Note: Interest Rates are linked to External Benchmark based Lending Rate (EBLR) loan less than ₹ 500.00 lakh (excluding MSME loans).
Base Rate: 8.00%(w.e.f. 01.01.2022)
Marginal Cost of Funds based Lending Rate (MCLR) Know more
External Benchmark based Lending Rate (EBLR) Know more
INTEREST RATE RANGE OF CONTRACTED LOANS Know more
