THE KERALA STATE CO-OPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK LTD(KSCARDB)

Comprehensive Rural Development Through Credit

Cost of Credit / Pre-investment

Sl.No Details of fees collected Amount of Fees approved [Rs.]
1 Administrative charges @Rs2per 1000
[Max. Rs. 100/-]
2 Legal Fee @Rs.4 per 1000
[Max. Rs. 100 and Min.Rs.25/-]
3 Entrance Fee Rs.5/-
4 Cost of Application Form Rs.5/- (varying)
5 Encumbrance Certificate Fee
(For 13 completed years)
Rs.88/-
[i.e., @Rs. 10/-for 1st year and Rs. 6/- each per subsequent years]
6 Additional Processing Fee
[for ILS Loans, under NFS]
@0.5% of the loan amount sanctioned
7 Obligatory Share capital contribution at the PCARDB 5% of the loan, with a Min. of one share of Rs.50/-& Maxi. Of Rs.10000/-, for all purposes other than Non Farm Sector, ILS and SRWTO Loans.The maximum share under NFS (ILS) and NFS(SRWTO)s will be Rs.20000/-
8 Interest on loan [As in interest table]