Jewel Loan

Period Rate Per Gram Interest Rate (P.a. *)
Upto 12 Months Rs.4000/- * 12.6%
(Rs.1.05 Paise per month) Simple Interest
Above 12 - 15 Months - 15.6%
(Rs.1.30 Paise per month) Simple Interest
Note : Maximum amount granted for a member not exceeding Rs.15,00,000/- (Fifteen Lakhs).

House Mortgage Loans

Eligibility Criteria for Home Loan
1. A Share Holder is entitled to obtain Loan on the security of House Property situated within the areas as specified by the board periodically.
2. Loan amount shall not exceed 50% of the Value of the Property offered as security.
3. Maximum Loan amount Rs.5,00,000/- (Five Lakhs).
4. Maximum Period 60 Months.
5. Rate of Interest 15 % p.a. *
6. Rate of Interest changed on such Loans shall be based on the reducing balance method.
7. Condition should be applied. *

* Subject to change