|
Jewel Loan Advance Lending Rate Per Gram from 02.05.2023 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 |
4200 |
4375 |
22 Carats Ordinary Jewellery |
4150 |
4325 |
20 & 21 Carats Ordinary Jewellery |
3800 |
3950 |
18 Carats Ordinary Jewellery |
3150 |
3300 |
Non-Agri Jewel Loan |
24 Carats Gold Coins Issued by Banks & 22 Carats Hall Mark Jewellery |
3900 |
4100 |
22 Carats Ordinary Jewellery |
3850 |
4050 |
20 & 21 Carats Ordinary Jewellery |
3450 |
3600 |
18 Carats Ordinary Jewellery |
3150 |
3300 |
|
Rate of Interest for various Jewel Loan schemes charged by Our Bank
Present MCLR: 8.45% Present RLLR: 9.35%
|
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-0.50% |
JL-Others (Jewel Loan - Others) |
Maximum Up to Rs.25 Lacs |
RLLR-0.50% |
JLSWL (IOB Swarnalakshmi) |
Up to 5 lacs |
MCLR+0.25% |
JLSME (Jewel Loan SME) |
Up to 5 lacs |
RLLR-050% |