Advance Against Gold Ornaments / Jewelries

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Have Different Needs.

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Advance Against Gold Ornaments / Jewellery

Nature of facility : Demand Loan

Purpose : Any purpose other than speculative purpose

All individuals who are owners of the Gold Ornaments / Jewellery.

One year MCLR + Strategic Premium + 3.00%

Processing Charges

0.50% plus service tax.

Maximum Limit : Rs. 10 Lacs

Minimum Limit : Rs. 0.25 Lacs

Margin

Advance Against Gold Coins, Gold Ornaments / Jewellery will be 25% (i.e.loan to value not exceeding 75%) for credit facilities upto Rs 3.00 lacs and 35% for credit facilities exceeding Rs 3 lacs

Repayment

Maximum 12 months

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Monthly Payment Rs. 1,977.00

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