Jewel Loan

• Entire loan amount is repayable at the end of period along with interest
• Quantum of Loan:                                                                                                           The assessment of limit for various tenure will be as under:
  1.  Per gram advance value of Jewels communicated by CO time to time.
  Or
  2. Market based advance value of the Jewels pledged (LTV) of 22 carat                 fineness/ gold coins of 24 carat fineness as detailed here:

  Sl No	Bullet Repayment Tenure	Revised  advance value	Available Margin	Max LTV during the tenure of Loan
  1	12 months	68%	32%	75%
  2	6 months	71%	29%	75%
  3	3 months	73%	27%	75%

Out of 1 and 2 whichever is less

• Max. Loan Amount: Rs.35.00 lakhs per borrower
• Repayment Period: Maximum 12 months

2. Monthly Repayment

• Repayable in monthly instalments with interest
• Quantum of Loan: 70% of market value of the Jewels pledged or Per gram advance value of Jewels, whichever is lower
• Max. Loan Amount: No cap
• Repayment Period: Maximum 35 months

• Duly filled in application form
• Identity proof
• Address proof