Nature of Facility
- Single Transaction Limit/Overdraft.
- 90% of the Appraised Value of Gold.
- Minimum amount - Rs. 1.60 Lakh
- Maximum amount - Rs. 35 lakhs.
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.
- Revolving Facility tenable upto 36 Months subject to Annual Review. Monthly interest to be serviced.
Nomination Facility is available