Jewel Loan-JLA

Eligible category of borrowers

  • This facility is open to all members engaged in busienss or self employment

Line of activity

  • Persons engaged in business/professional services having good turnover/income.

Quantum of loan

  • As mentioned in Interest chart

Repayment

  • As Applicable

Rate of Interest

  • As mentioned in Interest chart (Subject to changes / revision from time to time)

Purpose

  • Domestic / Business / Others to be specified

Security

  • Pledge of gold ornaments which would be appraised by the Bank’s appraiser. The margin at a minimum of 30 %

Shares

  • As applicable

Sureties

  • Nil

Other charges

  • As applicable.

Documents Required

  • Specified loan application.
  • Gold Ornaments pledge form
  • Address Proof
  • Any other letter/document related to the activity/purpose as the case may be.

For more details / clarification please contact your nearest branch.

Jewel Loan-JL

AMOUNT ROI TENURE
Upto Rs.1,00,000/- 8.25% 12M
>Rs.1.00 Lacs to Rs.3.00 Lacs 9.25% 12M
>Rs.3.00 Lacs to Rs.10.00 Lacs 10.00% 12M
>Rs.10.00 Lacs to Rs.15.00 Lacs 11.00% 12M