Deogiri Sone Taran Karja Yojana [Gold Loan Scheme]
Apply For Loan
Purpose :
To Satisfy the Immediate needs of member or nominal member of the Bank.
Loan Amount :
60% of the value assessed by Banks paneled gold valuer.
Rate Of Interest :
Interest rates are applicable as per the loan amount mentioned below. Interest will be applied monthly basis on outstanding amount.
| Loan Category | Loan Amount | Rate of Interest (p.a.) |
|---|---|---|
| Gold Loan | Up to Rs. 4.00 Lakh | 9.50% |
| Gold Loan | Above Rs. 4.00 Lakh | 10.50% |
Period :
- Maximum period for repayment is 12 months.
- Repayment of principal through bullet payment on due date.
- Interest should be paid as and when it is applied.
Security :
Gold Ornaments
Guarantor :
No guarantor is required.
Documents :
- Applicant -
Photo, Photo ID, Residence proof, S/B Account at our branch.
