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    புல்லெட் நகைக்கடன் - Jewel Loan Bullet



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S.No
DetailsParticular
1
PurposeOverdraft facility against jewels pledged with the Bank for priority
or general purpose.
2
EligibilityAny individual who is having current account competent to enter
contract and to create a pledge.
3
LoanUpto Rs.1,700 per gram
4
QuantumUpto 2 Lakh
5
Rate of Interest9.75% p.a.
6
Period12 months and to be renewed every year.
8
Enhancement / reduction of limitPart release or additional pledging of the gold jewel is not allowed.
Enhancement / reduction of the limit
will be made automatically as per the rate per gram / value of gold prevailed