DOOR STEP SERVICE AVAILABLE

Scheme	Jewel Loan Per Gram	Rate of Interest	Processing Fee
Scheme 1	Rs.3700/-	10.75% p.a. 0.89 paise per Rs.100/-	Rs.100/- per account
Scheme 2	Rs.3800/-	11.75% p.a. (0.97 paise per Rs.100/-)	Rs.100/- per account
Scheme 3	Rs.4200/-	12% p.a.(Rs.1/- per Rs.100/-)	Rs.100/- per account

Rate of interest 14.50% per annum (interest calculated on monthly rest)
Details of equated monthly installment for ₹1,00,000/- loan amount ₹1,902/- for 7 Years Loan Repayment Scheme.
LOAN AMOUNT WILL BE SANCTIONED ON HOUSE PROPERTIES ONLY

LOAN WILL BE CONSIDERED ON THE FOLLOWING CONDITIONS

1. 1. WITH IN CHENNAI CORPORATION LIMIT
2. 2. THE PROPERTY SHOULD BE SITUATED IN A GOOD RESIDENTIAL AREA AND EASILY MARKETABLE.
3. 3. LOAN QUANTUM IS RESTRICTED SUBJECT TO A MAXIMUM LOAN AMOUNT OF ₹ 15 LAKHS
4. 4. REPAYMENT CAPACITY OF THE BORROWER TO THE SATISFACTION OF THE NIDHI TO BE PRODUCED
5. 5. FOR LOAN AMOUNT ABOVE ₹3 LAKHS INCOME TAX RETURN SHOULD HAVE BEEN FILED.
6. 6. LOAN WILL BE CONSIDERED FOR THE FOLLOWING PURPOSE
• o FOR THE IMPROVEMENT OF THE PROPERTY
• o TO MEET MARRIAGE EXPENSES
• o TO MEET WARDS EDUCATION EXPENSES
• o TO MEET MEDICAL EXPENSES
• o FOR IMPROVEMENT OF THE BORROWERS BUSINESS NEEDS AND TO CLEAR HIGHER COST DEBTS/LOAN OF THE BORROWER

MAXIMUM LOAN AMOUNT OF ₹ 15 LAKHS BE CONSIDERED SUBJECT TO OTHER CONDITIONS.

Period	Rate of Interest	Maximum Loan
Maximum 84 months	14.50% p.a. EMI Rs.1902/- per lakh	Rs.15,00,000/-

House Mortgage Loan (effective from 1st April 2023)