Kerala Financial Corporation

Kerala Financial Corporation

Company type	Public sector
Industry	Financial Services
Founded	1953
Headquarters	Vellayambalam, Thiruvananthapuram, Kerala , India
Number of locations	21 Branch Offices
Area served	Kerala
Key people	K. N. Balagopal (Minister for Finance) Dr. A. Jayathilak IAS (Chairman) Dr. Sriram Venkitaraman IAS (Managing Director
Services	Financing Loan Services Business Loans MSME Loans
Owner	Government of Kerala
Website	https://kfc.org/

The Kerala Financial Corporation (KFC), a Public Sector Undertaking, is a State-owned Financial Corporation.^[1] Established under the State Financial Corporations Act of 1951 by the Kerala Legislative Assembly, its primary goal is to accelerate the industrial growth of Kerala. The corporation was formally founded later, in 1953, as the Travancore Cochin Financial Corporation. Following the state's reorganization in 1956, it was renamed the Kerala Financial Corporation.^[2]

The Kerala Financial Corporation (KFC) offers a comprehensive suite of financial tools to empower businesses in Kerala. The corporation provides loans and guarantees up to ₹50 crore, catering to diverse funding needs. Additionally, KFC boasts some of the lowest interest rates in the market, starting at a competitive 5%. To expedite the process, KFC offers fast-track processing and a generous moratorium period of up to 3 years. Flexible repayment options extend up to 20 years, ensuring manageable financial commitments. The application process is conveniently streamlined through the online portal (www.kfc.org). KFC prioritizes transparency with clear procedures and no hidden charges. For added peace of mind, the corporation aims to provide in-principle clearance for loan sanction within just 7 days.^[3]