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Amendment in various Policies and change in interest rate of the Corporation w.e.f 01.07.2021
1. Hon. Finance Minister of Kerala, in his Budget Speech, has announced that necessary steps would be
taken to enhance the loan portfolio of KFC to Rs.10,000 crore in the next five years. The Corporation has
set a sanction target of Rs.4500 crore for the present FY. In order to achieve such a target, the
Corporation has amended its policies and interest rates in line with market practices and to source more
proposals. The details of the amended policies, the revised interest rate under Base rate regime, new
schemes introduced, COVID restructuring package and relief loans are available in KFC website.
Steps to be followed by the Customers to avail the benefits.
The benefits of the revised policies and interest rate will be passed on to all eligible customers w.e.f.
01.07.2021 automatically by the BOs and the same communicated to the customers by 31.07.2021.
For any clarification/ advice, kindly contact the concerned Branch Head through phone/ email.
In case of satisfactory reply is not received within 7 days of submitting the request, customers shall
email the grievances to cmd@kfc.org.
To emerge as the 'Best Performing Financial Institution’ by creating an integrated development support for the industrialization of the State of Kerala with a special focus on MSME.
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