Loan Limit
Maximum Upto Rs.10.00 Lacs

Repayment

1. For gold loan upto 4.00 lacs
Maximum repayment period 12 months.
Interest to be serviced on monthly basis.
Gold loan above Rs.1.00 lakh is to be given to regular member of the bank
(Regular membership is for Rs.100)

Subject To Following Conditions
● Period of loan shall not exceed 12 months from the date of sanction.
● Interest will be charged to the account at monthly rests, but will become due for payment along with principal only at the end of 12 months from the date of sanction.

2. For gold loan above 4.00 lacs
Maximum repayment period 36 months.
EMI to be stipulated for repayment of loan amount making maximum repayment period of 36 months from the date of disbursement.

Subject to following conditions
● No pre-payment penalty.
● Rate of interest is applicable from time to time.
● Service Charges are applicable from time to time.
● Margin is applicable from time to time.