• Loan to meet unforeseen contingencies.
  • Lower Rate of Interest.
  • No Prepayment penalty.
  • Minimal processing charges.
  • Multiple transactions within the limit allowed.
  • Quick processing and disbursement.
  • To meet medical expenses and other unforeseen Commitment/ Contingencies etc.
Nature of Facility Overdraft
Loan Quantum
  • 75% of the Appraised Value of Gold.
  • Minimum Amount - Rs. 5000/-
  • Maximum amount - Rs. 35 Lakh.
    Subject to a ceiling of Rs. 35 Lakh per Borrower under three schemes viz Swarna loan, Swarna OD & Swarna Express.

Pledge of

  • Gold ornaments/Jewellery.
  • Specially minted Gold coins sold by banks up to 50 grams per customer.
  • Revolving Credit Facility tenable for 24 Months subject to Annual Review.
  • Interest to be serviced as and when due at monthly intervals.

Nomination Facility is available

  • Resident Individuals, NRIs
  • Waived till 30.09.2024.
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Last updated on 26-09-2023 10:41 AM

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