KVB has structured a loan called "KVB- Bon Voyage Scheme" to undertake foreign travel for business or pleasure. Indian Citizens and Persons residing in India) shall avail this loan.
- The loan is for personal purposes
- The loan amount is to finance foreign travel expenditure whether it is business or personal.
- The guarantor can be any credit worthy person who is related to the borrower.
|Repayment Tenor||36 Months|
|SCHEME||ROI (floating) p.a.|
- Fully secured
- Partly secured
One-year MCLR + 6.35%
One-year MCLR + 7.85%
|Collateral security||Optional/ Discretion of sanctioning authority|
|Processing charges||0.30% of Loan amount. (Minimum- Rs.500.00)|
|Other Terms & Conditions||