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  • Loan to meet unforeseen contingencies
  • Lower Rate of Interest.
  • No Prepayment penalty.
  • Minimal processing charges.
  • Quick processing and disbursement.
  • To meet medical expenses and other unforeseen Commitment/ Contingencies etc.
Nature of Facility Single Transaction Limit
Loan Quantum
  • 70% 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 four schemes viz Swarna loan, Swarna OD, Swarna Express & Swarna Monthly Interest.
Security

Pledge of

  • Gold ornaments/Jewellery.
  • Specially minted Gold coins sold by banks up to 50 grams per customer.
Repayment Loan to be repaid within 6 months from the date of sanction as bullet payment along with interest.

Nomination Facility is available

  • Resident Individuals, NRIs
Loan Product Consolidated Processing Charges (Excluding GST)

Swarna loan

0.60% of the Loan amount with a minimum of Rs.500.00 and maximum of Rs.6000.00

Swarna Overdraft

Swarna Monthly Interest

Swarna Express 0.30% of the Loan amount with a minimum of Rs.250.00 and maximum of Rs.3000.00
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Last updated on 26-09-2023 10:50 AM

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