Gold Loan
Loan against Gold Ornaments
| Loan Amount | 70% of total value estimated by bank’s approved valuer subject to a Maximum amount of Rs. 1,70,000/- |
|---|---|
| Security | Gold Ornaments |
| Margin | 30% |
| Repayment | 1 – Year (Loan can be repaid earlier also) |
Gold Term Loan
Eligibility : Individual/Firm/Company
Purpose
- For Personal & Family Needs, for meeting education,health, cultural, religion and social expense
- Purchase,Construction,Repair or Renovation of House/Flat, purchase of household items, consumer durables, vehicles both (commercial/private)
- For Business & Industry needs
- Professional & self employed individuals.
| Loan Amount | 60% of total value estimated by bank’s approved valuer. Maximum up to 50 Lakhs. |
|---|---|
| Security | Gold Ornaments |
| Margin | 40% of valuation amount |
| Repayment | 60EMI |