Gold Loan

Apply For Loan

Scheme Name

Gold Loan

Purpose of the Loan

To Satisfy the emergency needs.

Eligibility

The applicant should satisfy the KYC Guidelines.

Quantum of Loan

Minimum- Rs. 05K
Maximum- Rs.05K Upto Rs. 10 Lakhs.

Eligible loan limit

Rs.---------- per gram of 22-carat gold ornament or 75% of the market value of the net weight of the gold ornaments excluding stones on the jewelry. Note The finance scale will be reviewed from time to time.
Note - The finance scale will be reviewed from time to time.

Margin

Repayment Method - Installments - ( Max. 12 months) Margin- 30% In Other cases Margin - 25%

Repayment method

A maximum repayment period of _ years.

Rate of Interest

14.00%

Security

Processing Fees

0.4 - 0.6% of the loan amount + GST.

Guarantor

No guarantor Required.

Applicant

Address Proof (Passport / Aadhar Card /Driver’s Licence / Voters ID)

Income Proof - 3 Months' Salary Slips / 3 Year ITR

Bank Statements for last 6 months of main operational/salary bank account

Company ID Card / Shop Act

Light Bill Photo Copy

Passport Size Photograph