Gold Loans: Unlocking Financial Opportunities
Gold loans are a smart way to leverage your gold assets for immediate financial needs. Here’s what you need to know:
- Collateral: Gold loans are secured loans where you pledge your gold (jewelry or coins) as collateral.
- Minimal Documentation: Unlike other loans, gold loans require minimal paperwork. Basic identification documents and proof of gold ownership are sufficient.
- Interest Rates: Interest rates vary by bank. Our competitive rates ensure affordability for our customers.
- Eligible Gold Items:
- Jewelry: Pledge gold jewelry (18 to 22 karats).
- Coins: Bank-minted coins (up to 50 grams per client).
- Loan Limits:
- Loan-to-value (LTV) ratio typically ranges from 65% to 75% of the gold’s value.
- Minimum loan amounts start around ₹20,000.
- Flexible Repayment:
- Choose from various repayment options.
- Foreclosure allowed without penalties (subject to terms).
7. Processing Fee:
Why Choose Our Gold Loans?
Quick
Disbursal
Get
funds swiftly, often within hours.
Safekeeping
Your
gold remains secure in our vaults.
Transparent
Process
-
No
hidden charges; clear terms.
Apply Now:
Visit our nearest branch or apply online. Turn your gold into financial power!