Est. 1905 · A Scheduled Co-operative Bank
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TNSC Bank தமிழ்நாடு மாநிலத் தலைமைக் கூட்டுறவு வங்கி லிட். The Tamil Nadu State Apex Co-operative Bank Ltd. Est. 1905
Loans

Because your jewellery is precious. And so are your dreams.

Get your gold at affordable interest rates, starting from 9.50% p.a. (subject to change from time to time). Same-day disbursal, no income proof required.

Bullet A: up to ₹2.5 Lakh

Principal and interest repayable together at the end of the term. Suited to borrowers with seasonal or lump-sum income.

ROI as low as 10% p.a*

Unlock 85% LTV*

Minimal documentation.

Part Payment Options

Purpose


  • Consumption.

Eligibility


  • Only own gold ornaments/coins may be pledged.

Quantum


  • Minimum ₹10,000 and maximum ₹2.5 lakh, at ₹8,500 per gram, subject to a margin of 15% and a maximum LTV of 85%.

Repayment Period


  • Principal and interest on due date.

Conditions


  • Tenure of 12 months.

Interest Rates


Bullet B: up to ₹5 Lakh

For borrowers whose gold-loan needs sit above Bullet A's ceiling, at a correspondingly modest step up in rate.

ROI as low as 10.5% p.a*

Unlock 80% LTV*

Minimal documentation.

Part Payment Options

Purpose


  • Consumption.

Eligibility


  • Only own gold ornaments/coins may be pledged.

Quantum


  • Minimum ₹2.5 lakh and maximum ₹5 lakh, at ₹8,000 per gram, subject to a margin of 12% and a maximum LTV of 80%.

Repayment Period


  • Principal and interest on due date.

Conditions


  • Tenure of 12 months.

Interest Rates


Bullet C: up to ₹30 Lakh

The highest-quantum bullet scheme, for larger gold-backed borrowing needs.

ROI as low as 10.75% p.a*

Unlock 75% LTV*.

Minimal documentation.

Part Payment Options

Purpose


  • Consumption.

Eligibility


  • Only own gold ornaments/coins may be pledged.

Quantum


  • Up to ₹30 lakh, at ₹7,500 per gram, subject to a margin of 10% and a maximum LTV of 75%.

Repayment Period


  • Principal and interest on due date.

Conditions


  • Tenure of 12 months.

Interest Rates


Interest Recovery Loan

Interest is recovered periodically through the term, leaving only the principal due at closure, suited to business borrowers with regular cash flow.

ROI as low as 11% p.a*

Unlock 75% LTV*

Minimal documentation.

Part Payment Options

Purpose


  • Business.

Eligibility


  • Only own gold ornaments/coins may be pledged.

Quantum


  • Up to ₹30 lakh, at ₹7,000 per gram, subject to a margin of 10% and a maximum LTV of 75%.

Repayment Period


  • Monthly interest and principal on due date.

Conditions


  • Tenure of 12 months.

Interest Rates


Special Jewel Loan, 6 Months

A concessional six-month scheme with monthly interest rests, for general-purpose gold-backed borrowing.

ROI as low as 9.50% p.a*

Unlock upto ₹30L*.

Minimal documentation.

Part Payment Options

Purpose


  • General.

Eligibility


  • Only own gold ornaments/coins may be pledged.

Quantum


  • Minimum ₹10,000 and maximum ₹30 lakh, at 75% of the current market rate for gold.

Repayment Period


  • Monthly interest and principal on due date.

Conditions


  • Tenure of 6 months, interest applied at monthly rests.

Interest Rates


Plan ahead

EMI calculator

Figures are indicative. The applicable rate and tenure depend on the scheme and your eligibility.

Monthly EMI
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Total interest payable
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Total amount payable
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Apply for a Jewel Loan today.

Walk into any of our 51 branches with your ornaments and KYC documents. Most jewel loans are disbursed the same day.