Sarkari Yojana
District Central Cooperative Banks and through its Branches: For Jewel Loan
About District Central Cooperative Banks and through its Branches: For Jewel Loan
Launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, the “District Central Cooperative Banks and through its Branches: For Jewel Loan” scheme lets citizens borrow against pledged gold and jewellery. Up to ₹1,00,000/- can be borrowed at 12% interest, which may vary with bank policy.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for District Central Cooperative Banks and through its Branches: For Jewel Loan, applicants must satisfy the following conditions:
Residence in Tamil Nadu is required
Residence in Tamil Nadu is required.
The loan is available only against Jewel pledges
The loan is available only against Jewel pledges.
Benefits Provided
District Central Cooperative Banks and through its Branches: For Jewel Loan provides the following benefits to eligible applicants:
Access to Loan:
Credit against jewels is available to a limit of ₹1,00,000/-.
Interest Rate:
The applicable rate is 12% (subject to change).
Documents Required
Applicants should keep the following documents ready before starting the application:
An identity card (Aadhaar, PAN card, etc.)
An identity card (Aadhaar, PAN card, etc.).
A document verifying the address
A document verifying the address.
A valuation certificate for the jewellery being pledged
A valuation certificate for the jewellery being pledged.
Any other documents (if asked for)
Any other documents (if asked for).
How to Apply
Offline Application
Applicants can apply for District Central Cooperative Banks and through its Branches: For Jewel Loan through the offline application process outlined below.
Application Process
Step-1: Visit the District Central Cooperative Banks or one of their branches and ask for the application form. Step-2: Fill out every mandatory field, glue on a passport-sized photograph (signed across, if required) and attach copies of all required documents (self-attested, if required). Step-3: Turn in the signed form along with the documents to the authority concerned. Step-4: Make sure you get a receipt or acknowledgment listing the submission date and time and a unique identification number (if applicable).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.