💰 Gold Loan
Gold Loan is available for Regular Member / Nominal Member from Ahilyanagar Zilla Prathamik Shikshak Sahakari Bank Ltd. against pledge of gold ornaments.
Details
- Rate of Interest – 8.40%
- Maximum Loan – 1.75 Lacs
- Security – Gold Ornaments
- Applicant must be the true owner of the gold ornaments pledged to the bank
- Applicant must be a local resident and must have a Savings Account with the branch
- Applicant must be a major (18 years or older)to apply for a Gold Loan.
Terms and Conditions
- Bank will provide loan based on gold valuation
- Gold valuation certificate of weight & purity is mandatory
- 85% loan on average market price of pure gold
- For Nominal Member, maximum sanction limit is 1 Lac
- Interest will be debited as per bank rules
- Processing charges are applicable as per bank rules
- Stamp charges are applicable as per Government of Maharashtra Stamp Department rules
