Loans
Features of GOLD LOAN
Aspects
- Gold loan will be available within hour.
- Quick disbursal.
- Minimum documentation.
- No guarantors.
- Gold will be insured.
- Maximum loan will be available 4500 Rs. per gram of pure gold.
- Maximum loan tenure is 1 year.
ROI & Handling Charges
- Rate of Interest is 12%.
- No Processing Fees.
- No Handling Charges.
Eligibility
- The applicant must be true owner of the gold ornaments and jewellery to be pledged with the bank.
- Age = 18 to 70 years.
- Purity of gold is between 22 to 24 karats.
Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account
- Duly filled form with :
- Residential Proof of Applicant
- PAN Card of Applicant
- KYC of Applicant
Share Holdings
- Applicant should be regular member.