Jewel Loan Advance Lending Rate Per Gram from 03.10.2022 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 3780 3650 22 Carats Ordinary Jewellery 3730 3600 20 & 21 Carats Ordinary Jewellery 3400 3300 18 Carats Ordinary Jewellery 2850 2750 Non-Agri Jewel Loan 24 Carats Gold Coins Issued by Banks & 22 Carats Hall mark Jewellery 3550 3420 22 Carats Ordinary Jewellery 3500 3370 20 & 21 Carats Ordinary Jewellery 3150 3050 18 Carats Ordinary Jewellery 2850 2750 Rate of Interest for Various Jewel Loan Schemes Charged by Our Bank Present MCLR: 8.05% Present RLLR: 8.75% 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 03.10.2022 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
3780
3650
22 Carats Ordinary Jewellery
3730
3600
20 & 21 Carats Ordinary Jewellery
3400
3300
18 Carats Ordinary Jewellery
2850
2750
Non-Agri Jewel Loan
& 22 Carats Hall mark Jewellery
3550
3420
3500
3370
3150
3050
Rate of Interest for Various Jewel Loan Schemes Charged by Our Bank
Present MCLR: 8.05% Present RLLR: 8.75%
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%