Aspects

• Hassle-free Loan Processing.
• Quick disbursal.
• Minimal documentation.
• No guarantors.
• Gold security.
• Maximum loan limit is 90% of gold valuation.
• Maximum loan tenure is 1 year.
• Pre-Payment Penalty : NIL

ROI & Handling Charges

• Rate of Interest is 12% p.a.
• Processing Fees : NIL
• No Handling Charges

Documentation & Security.

• In case of new customer, applicant need to open Savings/Current account.
• Duly filled form with :
  • Residential Proof of Applicant 
  • PAN Card of Applicant 
  • KYC of Applicant.

Eligibility

• The applicant must be true owner of the gold ornaments and jewellery to be pledged with the bank.
• Age = 18 to 70 years.