Last Updated on 05.01.2021
Our Bank has linked the interest rate of Agriculture Term Loan Against Jewellery(AGTAJ) Scheme with Repo linked Lending rate (RLLR) with effect from 10.09.2020, thereby reducing our Gold loan interest rate under AGTAJ scheme by 60 bps across all the slabs as under:
Upto Rs. 3 Lakh – 7.05% at Present
Above Rs. 3 Lakh upto Rs. 5 Lakh - 7.70% at Present
Above Rs. 5 Lakh upto Rs. 25 Lakh - 8.15% at Present
Present Rate per Gram (in Rs.) w.e.f 01.01.2021
Fineness
Ordinary Gold
Hallmarked Jewellery
24 Carat Gold Coins issued by Banks
NA
3650
22 Carat
3500
20 & 21 Carat
3100
IOB GOLD LOAN - "WORTH A WHILE WITH GOLDEN SMILE"
Special Features
Various Schemes
1. Agricultural Jewel Loan:
2. Agriculture Term Loan - Jewellery:
3. Jewel Loan SME:
4. Jewel Loan - Others:
5. IOB Swarnalakshmi: