Gold Loan Scheme
Adarniya P. D. Patilsaheb Sahakari Bank Ltd.
Type of facility : Term Loan Gold Purpose : Consumption Eligibility : Any Individual Margin : 75% of Bank rate Repayment : The repayment will be Maximum 12 months. Interest Rate : @ 9.50 % p.a. Required Documents : Duly field loan form, Valuation report of gold ornaments from bank's approved Gold Valuator, Loan amt. up to Rs.1 lakh - Nominal Membership & Above Rs.1 lakh Shareholder, KYC documents of Borrower. Loan Handling Charges : Gold Valuation Charges – Rs.1.50 for per Rs.1000/- (Minimum Rs.15/-), Processing Charges – Rs.120/- for per 1 Lakh.