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January 21st, 2016, 11:01 AM
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Join Date: Mar 2012
Re: South Malabar Gramin Bank Vehicle Loan

Kerala Gramin Bank (KGB) is a Regional Rural Bank (RRB) established on 08.07.2013, under the Sub-Section (1) of Section 3 of the RRB Act 1976 (27 of 1976).

The bank was formed by amalgamating the two RRBs of Kerala namely South Malabar Gramin Bank and North Malabar Gramin Bank

Vehicle Loans

Purchase of vehicles for personal use
Purchase of vehicles for use as public carriers
Purchase of pre-owned vehicles
Purchase of vehicle for agricultural purpose.

Sub category AGRI. VEH. LOANS

Schemes Covered-

eSMGB ALLHVOF, ALHVTW, FMTL, FMTLAS
eNMGB FL VCL

SLAB Irrespective of the Amount

Rate of Interest RoI (%) 12

Sub category PERSON- AL VEH

Schemes Covered-

eSMGB CDLLHV
eNMGB OSL NPV

SLAB Irrespective of the Amount

Rate of Interest RoI (%) 11


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