Purpose
Gold Loan :
To Satisfy the Immediate needs of member or nominal member of the Bank :
Loan Amount:
75% of the value assessed by the Bank’s panelled gold valuer.
Eligibility:
Loan up to ₹2 Lakhs – No income eligibility restrictions.
Loan above ₹2 Lakhs – Applicant must have regular income.
Eligibility Age:
21 to 60 years
Maximum Loan Amount:
₹25 Lakhs
75% of the value assessed by the Bank’s panelled gold valuer.
Eligibility:
Loan up to ₹2 Lakhs – No income eligibility restrictions.
Loan above ₹2 Lakhs – Applicant must have regular income.
Eligibility Age:
21 to 60 years
Maximum Loan Amount:
₹25 Lakhs
Repayment Period:
Gold Ornaments
Guarantor:
No guarantor is required
Required Documents:
- A. Maximum repayment period is 12 months
- B. Principal to be repaid as a bullet payment on the due date
- C. Interest must be paid as and when it is applied
Gold Ornaments
Guarantor:
No guarantor is required
Required Documents:
- Filled Loan Application Form
- Passport Size Photographs
- KYC Documents:
- Identity Proof
- Residence Proof
- Age Proof