Loan Interest Rates

Interest rates on schematic loans (w.e.f. 1 Mar 2024)

No. Scheme Effective rate (%)
1 KBL Apna Ghar / Elite (Finance for purchase/ renovation of house)
a Up to and inclusive of ₹ 7.5 crore 8.75-10.60
2 KBL Home Loan Winback Scheme 8.60-8.85
3 KBL Home Comfort - Finance for furnishing house
a For Individual 9.27-10.95
4 KBL Ghar Niveshan - Finance for purchase of house site 9.30-11.45
5 KBL Home Top Up - Finance for meeting personal requirements 9.27-10.95
6 KBL Car Finance - Finance for purchase of car
a New vehicles (Risk Based Interest Rates, linked CIBIL Score) 8.98-11.36
b Old vehicles 12.11
c Electric Car (Risk Based Interest Rates, linked CIBIL Score) 8.88-11.26
7 KBL Easy Ride - Finance for purchase of two wheeler 11.68
8 KBL Agri Gold Loan - Finance against security of gold ornaments for agriculture purpose) 9.14
9 KBL Salaried Persons Loan - Scheme for Financing Salaried persons 13.43
10 KBL Insta Cash - For Consumption Purposes-against NSC, LIC etc. 10.93
11 KBL MSME - Finance for Micro, small and Medium Enterprises
a MSME loans 9.68-16.18
12 KBL-Mortgage : (Finance for meeting business/personal requirements)
a Up to ₹ 7.5 crore 9.93-12.93
13 KBL Mortgage OD - Finance for meeting business / professional /working capital requirements 10.43-12.93
14 KBL Suvidha OD - Finance for meeting Personal requirements 11.68
15 KBL Lease N Cash - Finance for meeting credit requirement of property owners 9.93-12.93
16 KBL Mahila Udyog - Finance for Women Entrepreneur 10.43
17 KBL Ravikiran - Finance for generation of Solar power 11.18
18 KBL Vidyanidhi - Finance for education
For General up to ₹7.50 lakh (under CGFSEL)
a Normal 10.48
b Meritorious 10.48
c Girl Student 10.48
d Girl Meritorious 10.48
For General above ₹7.50 lakh
a Normal 11.98
b Meritorious 11.98
c Girl Student 11.98
d Girl meritorious 11.73
For Vocational Courses/Skill Development loans (under CGFSSD)
a Normal 10.48
b Meritorious 10.48
c Girl Student 10.48
d Girl Meritorious 10.48
19 KBL Contractor Mitra - Finance for contractors for meeting business requirements 9.93-12.43
20 KBL Agro Processing - Finance for Food and Agro processing sector
a Old Vehicle 12.68
b All other Agro Processing Loans 9.18-14.68
21 General Gold Loan - Up to ₹50 lakh 10.64
22 KBL Business Quick Loan 10.43
23 KBL Micro Mitra 10.43
24 PMSVANidhi 11.18
25 KBL Kusum 10.43-10.68
26 KBL Krishi Samuday 10.43-10.93

Terms and conditions apply.