IOB SWARNALAKSHMI

1. Who can avail this loan facility ?

Individual women who own Jewelry and having savings/current account

2. What is the maximum loan amount that can be availed in this scheme ?

Rs. 5 Lakhs irrespective of number of loans.

3. What is the maximum repayment period allowed ?

12 months

4. Any insurance coverage available with this loan scheme ?        
PMSBY - 2 Lakhs  covered for one time free.

5. What is the security required for this loan scheme ?

Pledge of Gold Ornaments.