Kerala State Financial Enterprises (KSFE) is a leading financial institution owned by the Government of Kerala. Established in 1969, KSFE has built a strong reputation for being reliable and customer focused. It offers solutions like gold loans, savings, and investment schemes. KSFE’s gold loan provides a convenient and quick way to access funds by pledging gold jewelry or ornaments. The loan is available at competitive interest rates and offers up to 90% of the gold’s value. KSFE ensures a simple and fast application process with minimal documentation and flexible repayment terms.

Gold loan repayment is made seamless with Bajaj Pay, the BBPS platform from Bajaj Finserv. With this platform, you can view, pay, and download your loan repayment receipt with just a few clicks. Bajaj Pay also supports payments for various other financial obligations, allowing you to streamline multiple payments in one place.

How to make KSFE gold loan repayment through the Bajaj Finserv website

To make your KSFE gold loan repayment on the Bajaj Finserv website, follow these points:

1. Visit the official Bajaj Finserv website and log in with your credentials

2. Navigate to ‘PAYMENTS’ and click on ‘ALL PAYMENTS’

3. Choose ‘LOAN REPAYMENT’ under ‘BILLS AND RECHARGES’

4. Select your loan provider from the dropdown list.

5. Input your loan number and click ‘FETCH YOUR BILL’.

6. Choose your payment mode credit/ debit card, Bajaj Pay UPI, Bajaj Pay Wallet and net banking

7. Review all details and click ‘PAY NOW’ to complete the transaction.

You will receive a confirmation notification after successful payment.

Payment via internet banking and debit card

KSFE allows customers to pay their loan EMIs conveniently using Internet Banking and Debit Cards.

To pay via Internet banking, log in to your KSFE Finance account, navigate to the ‘PAYMENTS’ section, and choose the gold loan repayment option. Enter the necessary details, verify the amount, and confirm the transaction. For debit card payments, visit the KSFE Finance online portal, select ‘DEBIT CARD PAYMENTS,’ input your card details, and proceed to pay.

Late payments: Penalties and policies

Late payments on loans from KSFE can lead to specific penalties and policies designed to encourage timely repayment. Here are some key points:

• Late fees: A fixed penalty may be charged for each missed payment, increasing the overall loan cost.
• Interest rate adjustments: Late payments can result in higher interest rates on outstanding balances.
• Credit score impact: Delayed payments may negatively affect your credit score, influencing future borrowing.

Contact KSFE support for gold loan queries

For business loan queries, KSFE provides various support options to assist customers.

• You can reach their toll-free customer care number at 1800 425 3455 for immediate assistance.
• Email support is also available at mails@KSFE.com.

Fees and charges

Depending on the transaction amount and payment mode, a convenience fee of up to 2% will be charged (inclusive of applicable taxes). For more information on fees and charges, click here.

Note: For failed transactions, the total amount including charges except taxes are reversed.