KFC( Kerala financial corporation)

Loan schemes/Interest Rates

The Corporation would endeavour to extend comprehensive services including term loan, working capital and special schemes that may be required for benefit of the SME sector. The Interest and principal are to be paid in monthly rests for all schemes. The extent of financing is based on the type of the project and credit rating. Interest rates, extent of financing and maximum period of loans are given below:  INTEREST RATES FOR LOAN SCHEMES FOLLOWING FLOATING RATE(FY 2016-17) Sl. No. Name of Scheme 1 Scheme for Term Loan for industrial activities a) MSME Units in Manufacturing sector except crusher units, SC/ST Entrepreneurs, Renewable energy projects b) Financial Assistance to MSME Units in Manufacturing sector c) Loans to Crusher projects d) MSME Units in Service sector e) Energy Saving Projects 2 Working Capital Revolving Fund Loan / WCTL a) MSME Units in manufacturing Sector except Crusher units b) Crusher Projects c) Other Units 3 Construction Activities and Housing Projects 4 Short Term Loan a) CRE Sector b) Crusher Units c) Other Sectors 5 Special Working Capital Assistance to Hotels 6 Scheme for Financial Assistance to contractors 7 Scheme for Financial Assistance for producing Films and TV serials 8 Scheme for Modernization, Upgradation and Expansion of Existing Cinema Theatres/Establishment of New Multiplexes 9 Vehicle Loan 10 Working Capital Term Loan a)MSME units in manufacturing Sector Except Crusher units b)Crusher Units c)Other Units 11 Modernisation / expansion scheme a) Manufacturing sector except Crusher b) Crusher units c)service sector 12 Special revolving fund for existing customers 13 Receivable Finance Scheme

Maximim Loan : Corporates : upto Rs.2000 Lakhs Others : upto Rs.800 lakhs Repayment Period : upto 10 Years Moratorium : upto 3 Years Interesr Rates: * Manufacturing Sector : 10.5% Service Sector : 11% Construction Activities and Housing projects : 12%* Conditions Apply

A. Activities which can be considered in MSME Service Sector a.Hotels, resorts, restaurants, cafeteria, amusement parks and other tourism related activities b.Hospitals, nursing homes, etc. c.Display exhibition/convention centres, Business/incubation centres, Kalyanamandapam, Multiplexes, Theatres, Video Parlours, etc. d.Cold storage facilities. e.IT/ICT enabled as well as logistic services. f.Infrastructure facilities such as industrial parks/estates (including modernization/refurbishing), Common effluent treatment plants, road construction benefiting industries, etc. g.Fisheries and aquaculture. h.Sericulture and horticulture. B. Activities which can be included in the MSME manufacturing sector. a.Manufacturing units which produce Udhyog Aadhar registration certificate within six months of start of commercial operation. b.Renewable energy, Solar energy and Wind energy projects. C. CRE Projects a.Shopping/Commercial Complex b.Malls c.Apartment Complex