Products
Gold Loan
Loan against LIC, NSC, KVPM
Loan against Fixed Deposit
Term Loan ( Personal Loan)
Term loan 2 ( Mortgage Loan)
Term loan 3
Home loan
Self help group
Vehicle Loan
Ware house loan
Cash credit loan
Features of Warehouse Loan
Tenure of 1 year
Minimal Documentaion
ROI starts from 13%
One Aspects
- Hassle-free Loan Processing.
- Quick disbursal.
- Minimal documentation.
- No guarantors.
- Gold security.
- Maximum loan limit is 60% of gold valuation.
- Maximum loan tenure is 1 year.
- Pre-Payment Penalty : 2% Penalty charges.
Two ROI & Handling Charges
- Rate of Interest is 13%.
- Processing Fees : 1%
- No Handling Charges.
Three Eligibility
- The applicant must be true owner of the gold ornaments and jewellery to be pledged with the bank.
- Age = 18 to 70 years.
- Purity of gold is between 18 to 24 karats.
Three Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account
- Gold purchased slip.
- Duly filled form with :
- Residential Proof of Applicant
- PAN Card of Applicant
- KYC of Applicant
Three Share Holdings
- Nominal membership.