Gold Loan
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 against Gold Ornaments
| Loan Amount | 60% of total value estimated by bank’s approved valuer subject to a Maximum amount of Rs. 2 Lakh. |
| Security | Gold Ornaments |
| Margin | 40% |
| Repayment | 1 – Year (Loan can be repaid earlier also) |