Jewel loan
Loans against Gold Jewelleries are one of the easiest means of finance that can be availed from our branches in no time. We offer Jewel loans Short-Term Loans (Jewel Loan - Non-Agri / Personal).
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Rs.10,000/-
Minimum Loan Amount
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12 Months
Repayment Tenor
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Rs.200 Lakhs
Maximum Loan Amount
- It is Short-Term Jewel Loan.
- It is specific to individuals who own Gold Jewellery.
- The loan is specifically for personal purposes.
| Particular | Charges and Limits |
|---|---|
| Loan Amount | Minimum Rs.10,000/- Maximum Rs.200 lakhs |
| Repayment Tenor | For Term Loans : 3, 6 & 12 Months |
| Primary Security | Pledge of Gold Jewellery with Minimum purity of 22 Carats and Gold Ingots (Max of 50 Grams per customer) sold by banks. |
| Collateral Security | Optional |
| Guarantee | Optional |
| Processing Charges — Term Loan | |
| Loan limit up to Rs.0.50 lac | 40 paisa per loan of Rs.100 subject to a maximum of Rs.200/ |
| Loan limit up to Rs.1.00 lac | 40 paisa per loan of Rs.100 subject to a maximum of Rs.400/ |
| Loan limit above Rs.1.00 lac and not beyond Rs.2.00 lacs | 40 paisa per loan of Rs.100 subject to a maximum of Rs.800/ |
| Loan limit above Rs.2.00 lac and not beyond Rs.3.00 lacs | Flat sum of Rs. 1000 irrespective of the loan quantum |
| Above Rs.3.00 lacs | Flat sum of Rs. 2000 irrespective of the loan quantum |
| Other Terms & Conditions |
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