LOAN

Maximum amount:

2 lakh for Gold Bullet Loan and Rs 50 Lakh for regular Gold Loan.

Eligibility:

Salaried Person-Employee of reputed organization with confirmed service/Businessman- Sole Proprietor/Professional/Self employed person etc.

Margin:

15% to 20% of Valuation

Membership:

Nominal/Regular Member of Bank depends on amount of loan

Period:

Maximum 36 months . For Gold Bullet Loan :-Up to 12 Months

Security:

Pledge of Gold Ornaments.l

Interest Rate:

As per Bank Policy.

Service Charges:

Are applicable from time to time.

Documents Required:

Self certified KYC documents, Existing Bankers Statement for last one year, Original Pay slips for last consecutive three months/Salary Certificate, form No-16 And/or IT Returns with computation of income and Financial statements for last three consecutive years. In case of Businessman/Self employed/Proprietor/ Professional IT Returns are compulsory along with other necessary documents. Declaration about ownership of Gold Ornaments.