| 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 |
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