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StateEmployment

Large Sized Multi Purpose Coop. Society: Jewel Loan (Interest Free)

Tamil Nadu

This is an interest-free jewel loan scheme offered by Large Sized Multi Purpose Cooperative Societies in Tamil Nadu. It helps citizens borrow money by pledging their gold or jewelry as security, without paying any interest charges. The scheme is designed to provide quick financial assistance for various needs like medical emergencies, education, or other urgent expenses. Members of the cooperative society can access loans up to ₹1,00,000 without the burden of interest.

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StateAgriculture

Primary Cooperative Agriculture and Rural Development Bank: Jewel Loans

Tamil Nadu

The Primary Cooperative Agriculture and Rural Development Bank (PCARDB) in Tamil Nadu offers Jewel Loans to help farmers get quick access to money for agricultural needs. Farmers can use their gold jewelry as collateral to borrow up to ₹2,00,000. The loan comes at an interest rate of 11.5% per year, making it easier for farmers to invest in their farms without selling their assets.

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StateEmployment

District Central Cooperative Banks and through its Branches: For Jewel Loan

Tamil Nadu

This scheme is run by District Central Cooperative Banks and their branches in Tamil Nadu to help citizens get quick loans by pledging their gold and jewelry as security. It is a simple way to borrow money without a lengthy approval process. The scheme is designed for individuals who need immediate funds and have gold or jewelry they can use as collateral.

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