Interest Rate & Loan Details

• Interest Rate: 10 percent per annum
• Loan Amount:
  • Minimum: 25,000
  • Maximum: 300,000 per customer or up to 6,000 per gram pledged
• Loan Tenure: 12 months
• Processing Fee: 0.5 percent of the loan amount
• Pre-closure Charges: 500 if closed within 6 months; NIL afterward
• Loan-to-Value Ratio: Up to 75 percent of the pledged gold value

Purpose of Jewel Loan

• Personal expenses
• Education costs
• Medical emergencies
• Business or working capital needs
• Agricultural or seasonal funding

Eligibility Criteria

• Age: Must be 18 years or older
• Must own gold jewellery to pledge
• KYC compliance with valid identity and address proof

Documents Required

• Completed loan application form
• Passport-size photographs
• Identity proof (Aadhaar, PAN, Voter ID, Passport, Driving License)
• Address proof (Aadhaar, utility bill, Voter ID, Passport)

Repayment Options

• Regular Term Loan: Interest and principal due at end of 12 months
• Bullet Repayment: Interest paid monthly, principal at maturity

Charges & Fees

• Processing Fee: As noted above
• Pre-closure Fee: As noted above

Key Considerations

• Gold must be genuine jewellery
• Loan capped at 6,000 per gram pledged
• Default could lead to forfeiture and auction

Benefits of CDCC Bank Jewel Loan

• Low flat interest rate
• Simple eligibility norms
• Quick processing
• No guarantor required

Contact Coimbatore District Central Cooperative Bank

• Customer Support: Call 0422 2302447 or email kovaidccb@gmail.com
• Address: 80 Bank Road, Opposite Railway Station, Coimbatore 641018