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Loan Against Gold |
Purpose:
Loan against gold jewellery / ornaments Let your idle gold also glitter.
If you need funds for purposes like medical expenses or any other contingencies, Swarna Loan Scheme is ideal for you.
Hassle-free, quick loan, co-obligation and no guarantee required.
Reasonable rate of interest.
Repayment:
Repayment according to your convenience in equated monthly instalments upto 24 months.
Eligibility:
Credit-worthy SB Account holders with satisfactory dealings or new customers properly introduced and credit-worthy.
Quantum :
You will get as much as Rs.600/- per gram sovereign touch gold (22 carat) or 75% of the appraised value of the gold whichever is less. You can borrow upto Rs.2,00,000/-.
Documents & formalities to be submitted.
Application for Swarna Loan.
Certificate by the Jewel Appraiser (Bank will arrange).
Salary Certificate and Form No.16 / income proof.
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