Chitty Loan KSFE Chitty Loan
A KSFE loan for chitty members who have not yet won the prize money, to bridge an urgent need until the prize comes. It is repaid from the prize money.
Last updated on
- Status
- Open
- Run by
- The Kerala State Financial Enterprises Ltd (KSFE), a Kerala government company and not a bank
What you get
- Up to 50% of the total chitty value (the sala), with a ceiling of ₹1 crore
- The loan amount is repaid from the prize money when you win it, with interest paid every month until then
- The page sets no restriction on how the money is used
Who can apply
- The most on offer is ₹1 crore.
- Must be a KSFE chitty member who has not yet won the prize money
- Must have paid at least 10% of the total number of instalments on time
How to apply
- Use the Enquire button on the page or call the KSFE helpline 1800 425 3455
- Apply at the branch where your chitty runs
In person, the KSFE branch where you hold your chitty
In Kerala, the KSFE branch where you hold your chitty. KSFE says it has over 680 branches and 16 regional offices across Kerala.
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.