Sanction Limit
  • Upto 75% of the value arrived at based on purity of the gold and at Bank’s specified rates
  • Valuation can be conducted on the spot at specific branches at Bank’s specified rates.
Repayment period
  • Maximum 24/36 monthly installments
  • Repayment of loans upto Rs. 2 lacs repayable within 12 months
  • Term Loans repayable within maxm 5 years
  • No pre-payment penalty
Rate of interest
  • Gold items will be pledged in favor of the bank
Documents Required
  • Proof of Residence - Aadhar Card Card/Driving license/ Passport/ Electricity Bill/ Telephone Bill
  • Proof of Income - Salary Slip or last 3 years Balance Sheet or Tax Returns
  • Letter of Pledge