Priority Sector Loan
Retail Loan
Commercial Loan
JEWEL LOANS - LOAN AGAINST PLEDGE OF GOLD ORNAMENTS
 
  Objective
  • To enable our valued customers to get instant cash when they need it the most.
  Eligibility
  • Individuals who own gold ornaments .
 Purpose
  • For the purpose of agricultural activities or for the purposes other than agriculture e.g. child’s education, Business expansion or working capital requirement, Medical emergency, daughter’s marriage etc.
 Amount:
  • Maximum Rs.5 lacs
 Margin
  • 20% of the cost of the equipment .
 Security :
  • Pledge of gold ornaments.
 Repayment :
  • Maximum 3 Years.
 Holiday Period :
  • Not Applicable .
 Rate of Interest :
  • Please contact Nearest Branch.
 Remarks :
  • Indigenous money lenders holding gold ornaments (pledged to them) should not be sanctioned loan against re-pledge of those gold ornaments.
* For Forms, goto "Forms Downlod" section .For further details, contact the nearest Branch .