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Gold Loan

Loan Information

Gold Loan Details

Feature Details
Purpose To meet urgent financial needs
Eligibility Any individual who is the true owner of the ornaments
Limit of loan 10 Lakhs
Basis of Advance Rs. 3300/- per gm
Repayment Period Max – 12 months
Rate of Interest 10.00%
Processing fees Min : 100rs and Max : 1000rs. Insurance 0.4% & Gold Bond Commission
Shareholding Nominal membership / Associate Member
Other charges Nominal Application fee, insurance fee Valuation charges at actuals
Documentation Prescribed Loan application form, PAN Card, Photo identity and residence proof of applicant, Savings account mandatory for above Rs 20000 loan
*conditions apply

Eligibility & Documents Required

Eligibility

  • Indian Resident
  • Age: 18 years and above
  • Valid ID Proof
  • Gold ornaments/jewelry (18K or above)

Documents Required

  • Identity Proof (Aadhaar/PAN/Voter ID)
  • Address Proof
  • Passport size photographs (2 nos.)
  • Gold ornaments for valuation