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.