Time Limit

Acknowledgments for receipt of the loan application by branch by affixing date stamp.

Time Norms for disposal of loan applications:

Limits Time Limit for Disposal
a) Sanction of fresh / enhanced credit limits:
- Loans Up to Rs. 5 Lakhs
- Loans over Rs. 5 Lakhs and less than Rs. 25 Lakhs
- Loans over Rs. 25 Lakhs
Within 2 weeks
Within 3 weeks
Within 6 weeks
b) Renewal of existing credit limits Within 2 weeks
c) Sanction of ad-hoc credit limits Within 7 Days
  • from the date on which all clarifications / information required for processing the loan proposals are received by respective sanctioning authorities.
  • No collateral security: for advances upto Rs. 10 Lakhs under MSEs Sector.
  • Loan quantum: Minimum 20% of projected annual sales turnover (Nayak committee norms) for the working capital requirement. Margin Money Requirement (Contribution by the Borrower).
  • Concession in Processing charges / upfront fees: 75% of the applicable charges to be collected.
Internet Banking Login

Buy Insurance
Online

Open online account

Open Account
(Online)

Loan Repayment

Loan Repayment

Internet Banking Login

Internet Banking
(Login)

SME Login

SME
Apply Now

Institutional Fee Payment

KVB
édu-COLLECT

Facebook

Facebook

Youtube

Youtube

Instagram

Instagram

Twitter

Twitter

Linkedin

Linkedin

Live ChatLive Chat