Individuals of all income groups
Depending upon the value of the gold as assessed periodically.
| For 22 carat Gold Ornaments / Jewelery
| Hall Marked Gold Ornaments/ Jewellary
The limit specified above is subject to 75% of the appraised value or the rate proposed whichever is lower.
Margin prescribed is 25%
Jewel Appraiser's Commission
| Rural areas
|| 0.10% on the loan amount with min. of Rs. 51/- & max. of Rs. 510/-
| Other areas
|| 0.25% on the loan amount with min. of Rs. 102/- & max. of Rs. 510/-
Loans are for a period of 12 months / operative limit for 2 years.
Pledge of 22 carat gold / Hall marked Gold ornaments & jewellery