Jewellery Loan Features & Benefits:-

• Avail for any amount between Rs.10000 to a maximum of Rs.2,00,000 Lakhs and above.
• Hassle-free quick processing of loans
• Minimum documentation and quick disbursal
• Simplified Paperwork.
• Easy Payment options.
• ATL - Anytime Liquidity
• No EMI, Service only Interest and enjoy the Loan facility

Terms & Conditions:-

• Avail loan amount ranging from Rs.10000 to a maximum of Rs.2,00,000 Lakhs and above.
• The valuation of the Jewellery Gold/Silver ornaments will be done by Maniratanam India Nidhi Limited through authorized value, and the cost of valuation will be borne by borrower.
• Two colour photographs of gold ornaments are required.
• Two colour photographs of borrower and his/her ID proof are required.
• The loan interest will be paid on monthly basis.
• In case of non-payment of interest for 12 months, the Gold ornaments will be sold by Cover India . The expenditure on sale of Gold ornaments plus due loan amount and 5% penalty rest on due amount interest will be deducted and balance amount will be deposited in to loan account.
• The borrower has to provide an affidavit declaring the ownership of the ornaments.
• In case the borrower does not pay the interest a penalty of 5% has to be paid along with next interest Premiums.