Head Office: H.No. 27, Prabu Alley, Bhiwandi, Thane, 421302
Reach Us at: 02522 241084, 02522 251013, 02522 251014
Toll Free: 18002332880
Gold Loans
Gold Loans
Gold Loan Yojana Facility
| Purpose | To meet urgent financial needs by availing advance against gold oraments |
| Eligibility | 1) Any owner who is true owner of the ornaments (preferably hallmark) 2) When advance is given only to male applicant against women ornaments, female consent is required to be obtained. |
| Loan Amount | Maximum Rs. 5 Lakh (condition apply) |
| Basic of Advance | 80% on Valuation of Purity |
| Security | Pledge of Gold Ornaments |
| Repayment Method | 12 months |
| Repayment of Interest | 10% p.a./0.83 % monthly simple interest on reducing balance method |
| Processing Fees | Applicable as per advance amount |
| Shareholding | Minimum Rs. 1000/- + membership fees |
| Documentation | 1) Prescribed Loan application form 2) KYC documents of applicant i.e. Photograph, Pan Card Aadhaar Card, Residential proof |