INTEREST RATE RANGE OF CONTRACTED LOANS Click here

Marginal Cost of Funds based Lending Rate (MCLR)Click here

Annual Percentage Rate (APR) on Retail loans to Individual Borrowers Click here


INTEREST RATES ON SCHEMATIC LOANS w.e.f. 01.10.2016


Sl.No

SCHEME

Effective Rate

(%)

1

KBL –Apna Ghar/Elite : (Finance for purchase/renovate house)



Up to Rs.300.00 lakh

9.50


Above Rs 300 lakh and up to Rs. 500 lakh

9.75

2

KBL-Home Comfort : (Finance for furnishing house)



Up to 60 months

11.20


Above 60 months

11.45

3

KBL-Ghar Niveshan : (Finance for purchase of house site)

13.95

4

KBL Home Top Up : (Finance for meeting personal requirements)

11.95

5

KBL-Car Finance : (Finance for purchase of car)



New vehicles (loan up to Rs 75.00 lakh)

10.25


Old vehicles (loan up to Rs. 20.00 lakh)

14.45

6

KBL Easy Ride : (Finance for purchase of two wheeler)

13.20

7

KBL-Agri Gold loan : (Finance against security of gold ornaments for agriculture purpose)

10.20

8

KBL-Salaried Persons Loan : (Scheme for Financing Salaried persons)

13.95

9

KBL- Insta Cash : (For Consumption Purposes-against NSC,LIC etc)

11.45

10

KBL-MSME : (Finance for Micro, small and Medium Enterprises)

(COVERED UNDER CGTMSE)



Loan up to Rs.10.00 lakh

10.20


Old Vehicles (Above Rs. 10.00 lakh up to Rs. 50.00 lakh)

12.20


New Vehicle ( Above Rs. 10.00 lakh up to Rs. 100.00 lakh)

10.95


Others than vehicles loan ( Above Rs. 10.00 lakh to Rs. 100.00 lakh)

10.95


(NOT COVERED UNDER CGTMSE)



Loan up to Rs.10.00 lakh

10.20


Old Vehicles (Above Rs. 10.00 lakh up to Rs. 50.00 lakh)

13.95


New Vehicle ( Above Rs. 10.00 lakh up to Rs. 100.00 lakh)

11.45


Others than vehicles loan ( Above Rs. 10.00 lakh to Rs. 100.00 lakh)

11.45


Other than vehicles loan ( Above Rs.100.00 lakh up to Rs. 500.00 lakh)

11.95

11

KBL-Mortgage : (Finance for meeting business/personal requirements)

13.20

12

KBL-Mortgage-OD:(Finance for meeting business / professional/working capital requirements)

12.20

13

KBL Suvidha-OD : (Finance for meeting Personal requirements)

13.95

14

KBL-Lease N Cash : (Finance for meeting credit requirement of property owners)

12.45

15

KBL- Mahila Udyog : (Finance for Women Entrepreneur )

11.20

16

KBL-Ravikiran : (Finance for generation of Solar power)

11.20

17

KBL-Vidyanidhi : (Finance for Education)



For General up to Rs.7.50 lakh (under CGFSEL)



a. Normal

11.15


b. Meritorious

11.15


c. Girl Student

11.10


d. Girl Meritorious

11.10


For General above Rs.7.50 lakh



a. Normal

13.95

b. Meritorious

13.45

c. Girl Student

13.45

d. Girl Meritorious

12.95


For Vocational Courses/Skill Development loans (under CGFSEL)


a. Normal

10.65

b. Meritorious

10.65

c. Girl Student

10.60

d. Girl Meritorious

10.60


Note: Interest Rates are linked to MCLR, where the present applicable MCLR for one year is 9.15 %