Jewel Loan Advance Lending Rate Per Gram from 23.01.2023 Amt in Rs. Type of Jewel Loan Carats Existing Revised Agri Jewel Loan 24 Carats Gold Coins Issued by Banks& 22 Carats Hall Mark Jewellery 3850 4000 22 Carats Ordinary Jewellery 3800 3950 20 & 21 Carats Ordinary Jewellery 3500 3650 18 Carats Ordinary Jewellery 2950 3100 Non-Agri Jewel Loan 24 Carats Gold Coins Issued by Banks& 22 Carats Hall mark Jewellery 3620 3800 22 Carats Ordinary Jewellery 3570 3750 20 & 21 Carats Ordinary Jewellery 3250 3400 18 Carats Ordinary Jewellery 2950 3100 Rate of Interest for various Jewel Loan schemes charged by Our Bank Present MCLR: 8.30% Present RLLR: 9.10% Types of Jewel Loan Schemes SLAB ROI KCCJL(Agricultural Jewel Loan) Up to Rs. 3 Lacs With Interest subvention under KCC 7% (for prompt payment additional subvention of 3%) Without interest subvention MCLR+0.90% Above Rs. 3 Lacs up to Rs. 10 Lacs MCLR+2.50% AGTAJ(Agriculture Term Loan - Jewellery) Maximum Up to Rs. 25 Lacs RLLR+0.20% JL-Others(Jewel Loan - Others) Maximum Up to Rs. 25 Lacs RLLR+0.55% JLSWL(IOB Swarnalakshmi) Up to Rs. 3 Lacs MCLR+1.40% Above Rs. 3 Lacs up to Rs. 5 Lacs MCLR+1.90% JLSME(Jewel Loan SME) Up to Rs. 2 Lacs RLLR+0.80% Above Rs. 2 Lacs up to Rs. 5 Lacs RLLR+2.05%
Jewel Loan Advance Lending Rate Per Gram from 23.01.2023 Amt in Rs.
Type of Jewel Loan
Carats
Existing
Revised
Agri Jewel Loan
24 Carats Gold Coins Issued by Banks
& 22 Carats Hall Mark Jewellery
3850
4000
22 Carats Ordinary Jewellery
3800
3950
20 & 21 Carats Ordinary Jewellery
3500
3650
18 Carats Ordinary Jewellery
2950
3100
Non-Agri Jewel Loan
& 22 Carats Hall mark Jewellery
3620
3570
3750
3250
3400
Rate of Interest for various Jewel Loan schemes charged by Our Bank
Present MCLR: 8.30% Present RLLR: 9.10%
Types of Jewel Loan Schemes
SLAB
ROI
KCCJL
(Agricultural Jewel Loan)
Up to Rs. 3 Lacs
With Interest subvention under KCC
7% (for prompt payment additional subvention of 3%)
Without interest subvention
MCLR+0.90%
Above Rs. 3 Lacs up to Rs. 10 Lacs
MCLR+2.50%
AGTAJ
(Agriculture Term Loan - Jewellery)
Maximum Up to Rs. 25 Lacs
RLLR+0.20%
JL-Others
(Jewel Loan - Others)
RLLR+0.55%
JLSWL
(IOB Swarnalakshmi)
MCLR+1.40%
Above Rs. 3 Lacs up to Rs. 5 Lacs
MCLR+1.90%
JLSME
(Jewel Loan SME)
Up to Rs. 2 Lacs
RLLR+0.80%
Above Rs. 2 Lacs up to Rs. 5 Lacs
RLLR+2.05%