Purpose

• To meet urgent financial needs 

Eligibility

• Bank share holder
• Any individual who is the true owner of the gold ornaments.(preferably hallmark ) 

Repayment Period

• Bullet repayment- 6 months ( Short Tearm)
• Bullet Payment – 1 Year ( Long Term)
• Term Loan EMI – 12 Months (For Loans above Rs 2 Lakhs)

Penal Interest

• Any irregularity or default in repayment will attract penal interest of 2.00% p.a. over and above the rate of interest on the balance outstanding.

Rate of Interest

• Please click here see the rate of interest

Processing Fee

• 1% on Loan Amount (1year bullet payment Loans)
• 0.75% on short term Loan Amount (6 month Loans Bullet payment)
• 0.75% on term Loan (1year EMI Payment Loans)