Cryptocurrency Q&A
What is the minimum limit of KCC?
What is the minimum limit of KCC?
CryptoTitan
Sun May 26 2024
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7 answers
1989
Could you kindly elaborate on the matter of KCC's minimum limit? I'm curious to understand the threshold or boundary that defines the minimum acceptable value or quantity for KCC. Could you provide any specific details or numerical figures related to this limit? Additionally, is this limit static or subject to change, and if so, what factors might influence any potential adjustments? I'm interested in gaining a clearer understanding of this aspect of KCC. Thank you for your assistance in clarifying this matter.
7 answers
Leonardo
Tue May 28 2024
Additionally, the SME GOLD loan scheme caters to the financing requirements of small and medium-sized enterprises. Loans under this scheme range from Rs. 25,000 to Rs. 50 lakhs, recognizing the important role played by jewellery in the asset portfolios of these businesses.
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Silvia
Tue May 28 2024
The Repo Linked Lending Rate (RLLR), on the other hand, is currently set at 9.35%. This rate, which is linked to the Reserve Bank of India's repo rate, serves as a benchmark for pricing loans in a more market-oriented manner.
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Valentina
Tue May 28 2024
Among the various jewel loan schemes available, SLABKCCJL, specifically tailored for agricultural borrowers, offers loans ranging from over Rs. 3 lakhs to up to Rs. 10 lakhs. This scheme recognizes the value of jewellery as a collateral asset for agricultural financing.
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Caterina
Tue May 28 2024
Another agricultural-focused loan scheme is AGTAJ, which stands for Agriculture Term Loan - Jewellery. This scheme provides maximum financing up to Rs. 50 lakhs, catering to the longer-term financing needs of agricultural borrowers.
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ShintoSanctuary
Tue May 28 2024
For other borrowers seeking jewel loans, the JL-Others category offers financing with a maximum limit of up to Rs. 50 lakhs. This flexibility allows borrowers to use their jewellery as collateral for various personal or business needs.
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