Jewel Loans – Non Agri


LVB offers jewel loans to individual applicants to meet personal and business expenses with benefits of low interest rates and minimum documentation.

Salient Features

  • Quick processing at our express jewel loan counters
  • Attractive interest rates
  • Convenient repayment options
  • Can be availed in the form of both term loan / cash credit facility


  • The loan can be availed by individuals to meet their personal and business expenses
  • Loan offered against pledge of gold ornaments owned by the individuals

Loan Value Offered

  • Up to 66% of the value of 22 ct. gold ornaments

Rate per Gram

  • Rs.2,100/- w.e.f  02nd August 2019

Loan Quantum

  • Maximum - Rs.30 lakhs

Rate of Interest

  • 1 year MCLR + 0.35% (PER-10.30% p.a.)

Processing Charges

  • "For loans up to Rs.25,000/- – Bank charges - Nil; Appraisal commission - 0.20% of loan amount"
  • "For loans above Rs.25,000/- – Bank charges - 0.40% of loan amount subject to no maximum cap; Appraisal commission - 0.20% of loan amount”.

Documents Required

  • a) ID proof
  • b) Address proof
  • c) Two recent passport size photographs

  • Note: For existing customer of the bank, KYC documents and photographs not required