Consumer Vehicle Loan (CVL)
Purpose
KSFE CVL Scheme helps you in acquiring white articles, vehicles
etc., which you have always dreamed of owning
Available for
The articles for which CVL is made available include all consumer
durable articles including computers, motor vehicles -two & four
wheelers, certain durable medical equipments for clinics, agricultural
equipments/ appliances etc.
Security
Acceptable
Types
of security acceptable for chitty prize money are acceptable in the
case of CVL also.
Interest
Rate
13% (simple) is the interest rate applicable and for defaulted accounts
15%(simple) .
Duration
The duration of the advance is between 12 months and 60 months.
To
avail this facility, please check our branch list and get in touch
with the branch
which is most convenient for you.
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