Home
Individual LOAN

GOLD LOAN SCHEME

Purpose of loan Any Purpose
Quantum of Loan Maximum 25 Lakhs subject to the conditions of the bank
Security Gold Ornaments ( Gold Coins not acceptable)
Period of Loan One year.
Interest Rate As fixed by the Board of Directors of the Bank from time to time
Share linkage Nil
Sanctioning Authority Branch Manager
Purpose of loan Any Purpose
Quantum of Loan Maximum 25 Lakhs subject to the conditions of the bank
Security Gold Ornaments (Gold Coins not accepted)
Period of Loan 6 Months, 1 year
Interest Rate As fixed by the Board of Directors of the Bank from time to time
Share linkage Nil
Sanctioning Authority Branch Manager
Purpose of loan Any Purpose
Quantum of Loan Maximum 25 Lakhs subject to the conditions of the bank
Security Gold Ornaments ( Gold Coins not acceptable)
Period of Loan 3 Month
Interest Rate As fixed by the Board of Directors of the Bank from time to time
Share linkage Nil
Sanctioning Authority Branch Manager
Purpose of loan Any Purpose
Quantum of Loan Maximum 25 Lakhs subject to the conditions of the bank
Security Gold Ornaments ( Gold Coins not accepted)
Period of Loan

One year.

Renewable after the elapse of one year subject to the approval of the Board of directors of the Bank and verification of operation of previous period
Interest Rate As fixed by the Board of Directors of the Bank from time to time
Share linkage Nil
Sanctioning Authority Branch Manager
Purpose of loan Any Purpose
Quantum of Loan Maximum 25 Lakhs subject to the conditions of the bank
Security Gold Ornaments ( Gold Coins not accepted)
Period of Loan Upto 10 Year
Interest Rate As fixed by the Board of Directors of the Bank from time to time
Share linkage Nil
Sanctioning Authority Branch Manager