Nature of Facility
- 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 three schemes viz Swarna loan, Swarna OD & Swarna Express.
- Gold ornaments/Jewellery.
- Specially minted Gold coins sold by banks up to 50 grams per customer.
- Loan to be repaid within 6 months from the date of sanction as bullet payment along with interest.
Nomination Facility is available