Loan Against Gold
 
Who can Borrow Individual (Singly)
Purpose For any legitimate purposes not for speculative purpose
Security Pledge of Gold Ornaments
Repayment  Upto Rs.2.00 Lac  -  Lumpsum within 12 Month
Appraisal Charges     Nil
Documentation Charges Nil
Prerequisites
  1. Application form along with  KYC documents (SAVING /CURRENT ACCOUNT TO BE OPENED)
  2. Pledge of Gold Ornaments and Gold Coins as Jewellery minimum purity of 22 Carats. i.e.millesimal  fineness not below 91.6%
  3. Valuation of the ornaments of the gold to be pledged to be done by the Bank’s approved valuer in Bank’s premises.