Gold Loan Scheme

Deposit

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.