Nature of Facility
- 80% of the Appraised Value of Gold.
- Minimum Amount - Rs. 100/-
- Maximum amount - Rs. 35 Lakh.
Subject to a ceiling of Rs. 35 Lakh per Borrower under Agricultural Gold Loan schemes.
- Gold ornaments/Jewellery.
- Specially minted Gold coins sold by banks up to 50 grams per customer.
- Loan is repayable within a maximum period of 12 months from the date of sanction in monthly/quarterly /half-yearly instalments or by lump sum payment.
Nomination Facility is available