• To meet the general business requirements.
• Lower Rate of Interest.
• No Prepayment penalty
• Minimal processing charges
• Quick processing and disbursement.

• To provide financial assistance to MSME units for fund based requirements for general business purpose & to augment working capital, acquiring machinery/ equipment/ tools for repairs, renovations etc.

Nature of Facility

• Single Transaction Limit

Loan Quantum

• 65% of the Appraised Value of Gold.
• Minimum Amount - Rs. 50000/-
• Maximum amount - Rs. 35 Lakh.
  Subject to a ceiling of Rs. 35 Lakh per Borrower under MSME Gold Loan schemes.

Security
Pledge of

• Gold ornaments/Jewellery.
• Specially minted Gold coins sold by banks up to 50 grams per customer.

Repayment tenure

• The entire loan is to be repaid within 12 months.
• Interest is to be serviced at monthly intervals.

Nomination Facility is available

• MSME Units (Individuals and Proprietorship Firm only), both borrowing & non-borrowing units of our Bank.
  Unit/ Shop shall be with running activity.

• Interest Rate as RLLR + 0.35%