#1
August 13th, 2016, 11:15 AM
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Union Bank of India Jewel Loan Interest Rate
Hello sir I want to apply for Jewel Loan at Union Bank of India and I am here as I want to know the Interest Rate of Gold Loan of this Bank??
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#2
August 13th, 2016, 02:22 PM
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Re: Union Bank of India Jewel Loan Interest Rate
Hey!! Union Bank of India Gold Loan provides alternate source of credit to needy farmers as well as individuals. Interest Rates for this Loan: a) Gold/Silver Loans for Agricultural purposes Gold / Silver Loansextended as Crop Loans upto Credit Limit of Rs. 3.00 lacs, under Interest Subvention Scheme 7.00% Upto Rs 2 lacs MCLR+ 1.40% Above Rs 2 lacs Upto Rs 5 lacs MCLR+ 2.15% Above Rs 5 lacs MCLR+ 2.40% b) Gold Loan under other Priority sector ( other than agriculture) MCLR+1.65% c) Gold– Non Priority Sector - Up-to Rs.25,000/- MCLR+1.65% - Above Rs.25,000 MCLR+ 2.40% Eligibility:- All individuals are eligible to avail loan under this scheme. Quantum of loan:- Priority sector: Maximum up to Rs.20.00 lacs Non-Priority Sector: Maximum up to Rs.10.00 lacs |
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