Gold Loan

Avail Gold loan at a truly unparalleled rate of interest to overcome financial exigencies.

Features

• Processing fees Rs. 100/- Only.
• No Guarantors required
• No Income Proof Required
• Hassle free documentation
• Speedy sanction & Disbursal of loans
• Safety of Gold Ornaments
• Zero prepayment charges
• Pre-Payment Penalty : Nil
• Repayment :
• A. For Gold loan upto Rs.4.00 lacs  : Bullet repayment facility at the   end of 12 months
• B. For Gold loan above Rs.4.00 lacs and above: Maximum 12 EMIs
• Rate of Interest :  10%
• Margin: Applicable as per Gold Valuer's Report.
• Nomination Facility available

Eligibility

The applicant must be true owner of the gold ornaments and jeweler to be pledged with the bank.

The applicant should be a local resident.

Age:

       Min: 21 years while applying.
     

Documents

      Duly filled form with

       I. Income Proof of Applicant if available
       ii. KYC of Applicant

• If Borrower is farmer then require 7/12.

       Pledge of Gold ornaments and jeweler is Prime Security.

       Other Charges: Testing Charges, Insurance Charges, Misc. Charges.