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Purpose:
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Loan Against Pledge of Gold.
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Loan Amount:
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75% of valuation of gold pledged.
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Margin : |
25% of valuation of gold pledged. |
Repayment: |
repayment for period up to 1 year. Monthly repayment for Max period of 12 months |
Rate of Interest: |
Refer loan intrest chart |
Security: |
Pledge of Gold. |
Processing Fee: |
Valuation fee of Goldsmith And 1.5 % Processing Fee + service tax. |
Share Holding: |
Nominal Membership |
Documents: |
Latest Photograph,Photo Identity Proof,Residence proof of the Applicant and Guarantors. |
Insurance: |
Insurance Of Property Charged To The Bank . |
