| Jewel Loan Advance Lending Rate Per Gram (w.e.f 23.09.2024) |
Amt. in Rs. |
Type of Jewel Loan |
Carat |
Existing |
Revised |
Agri Jewel Loan (KCCJL, AGTAH) |
24 Carat Gold Coins issued by Banks & 22 Carat Hall Mark Jewellery |
4850 |
5000 |
22 Carat Ordinary Jewellery |
4800 |
4950 |
20 & 21 Carat Ordinary Jewellery |
4400 |
4550 |
18 Carat Ordinary Jewellery |
3700 |
3900 |
IOB SWARNA SAMRIDHI (Agri Jewel Loan) |
24 Carat Gold Coins issued by Banks & 22 Carat Hall Mark Jewellery |
5200 |
5400 |
22 Carat Ordinary Jewellery |
5150 |
5350 |
20 & 21 Carat Ordinary Jewellery |
4600 |
4800 |
Non-Agri Jewel Loan (JLOTH, JLSME, JLSWL, JLSUV, JLSTF) |
24 Carat Gold Coins issued by Banks & 22 Carat Hall Mark Jewellery |
4525 |
4675 |
22 Carat Ordinary Jewellery |
4505 |
4655 |
20 & 21 Carat Ordinary Jewellery |
4145 |
4295 |
18 Carat Ordinary Jewellery |
3700 |
3900 |
Sovereign Gold Bond Scheme & IOB Gold Powered Card |
24/22 Ct Gold |
4100 |
4150 |
Rate of Interest for Various Jewel Loan Schemes Charged by Our Bank
MCLR: 9.00% / 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 - 0.85% |
JL-Others (Jewel Loan - Others) |
Maximum Up to Rs. 25 Lacs |
RLLR-0.50% |
SME GOLD |
From Rs. 25,000/- to Rs. 25 Lacs |
RLLR - 0.50% Cash Credit: - RLLR - 0.40% |
JLSWL (Women Borrowers) |
Up to Rs. 5 Lacs |
MCLR +SP (0.20%) +RP (0.05%) |
IOB SWARNA SAMRIDHI |
Maximum up to Rs. 10 Lakhs |
Six-Month MCLR i.e. 8.85% presently, penal interest of 2% to be charged for the overdue portion. |