Gold Loans: Unlocking Financial Opportunities

Gold loans provide an efficient means to convert your gold assets into cash for immediate financial needs. Here’s what you need to keep in mind:

1. Collateral: Gold loans are secured loans where you pledge your gold (jewelry or coins) as collateral.
2. Minimal Documentation: Unlike other loans, gold loans require minimal paperwork. Basic identification documents and proof of gold ownership are sufficient.
3. Interest Rates: Interest rates vary by bank. Our competitive rates ensure affordability for our customers.
4. Eligible Gold Items:
5. • Jewelry: Pledge gold jewelry (18 to 22 karats).
   • Coins: Bank-minted coins (up to 50 grams per client).
6. Loan Limits:
7. • Loan-to-value (LTV) ratio typically ranges from 65% to 75% of the gold’s value.
   • Minimum loan amounts start around ₹20,000.
8. Flexible Repayment:
9. • Choose from various repayment options.
   • Foreclosure allowed without penalties (subject to terms).

Documents Required:

1. Duly filled application form.
2. Latest photograph, photo identity proof, and residence proof.
3. For salaried applicants: Salary slips for the last 3 months or ITR/Form 16.

Remember, your dream home awaits—apply now and make it a reality! If you have any specific questions or need personalized assistance, visit our nearest branch or apply online. We’re here to help you every step of the way!