Eligibility:

• All Individuals who are the owners of the gold ornaments
• Persons who want to avail loan must become a share holder of the society.

Nature of Facility

• Demand loans against gold ornaments

Purpose:

• Any purpose other than speculative purpose

Amount Eligibility:

• Minimum Limit: 10,000/-
• Maximum Limit: 50,000/-

Margin:

Advance against gold coins/Gold ornaments/Jewelry will be 25% of the total gold value(i.e loan to value not exceeding 75%)

• Repayment:12 Months
• Documentation & Processing Charges: Rs.550/-