Jewel Loan Advance Lending Rate Per Gram from 01.03.2023 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 4000 4100 22 Carats Ordinary Jewellery 3950 4050 20 & 21 Carats Ordinary Jewellery 3650 3750 18 Carats Ordinary Jewellery 3100 3100 Non-Agri Jewel Loan 24 Carats Gold Coins Issued by Banks& 22 Carats Hall Mark Jewellery 3800 3800 22 Carats Ordinary Jewellery 3750 3750 20 & 21 Carats Ordinary Jewellery 3400 3400 18 Carats Ordinary Jewellery 3100 3100 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%
Jewel Loan Advance Lending Rate Per Gram from 01.03.2023 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
4000
4100
22 Carats Ordinary Jewellery
3950
4050
20 & 21 Carats Ordinary Jewellery
3650
3750
18 Carats Ordinary Jewellery
3100
Non-Agri Jewel Loan
3800
3400
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)
JLSWL
(IOB Swarnalakshmi)
Up to 5 lacs
MCLR+0.25%
JLSME
(Jewel Loan SME)
RLLR-050%