The Scheme is intended to provide short term loans for people who are urgently in need of money, on the security of gold ornaments.
Features of the product
Maximum Amount per Gram
low interest rate
Maximum Loan period 12 Months. Loanee can renew the loan for a further period of one year after remmitting the due interest and this facility can be availed up to 36 Months
Maximum Loan amount Rs 25 Lakhs per individual, per day .
Flexible payment and repayment option. No other charges, other than appraiser charges.
Gold loan counter will be open from 10.00 am to 4.30 pm on all working days