Instant Loan
Once sanctioned, will process in a matter of hours
Utmost protection
100% safety of your physical gold
No Guarantor required
No need of additional surety or guarantee
Interest rates on gold loans
Gold Loans are one of the most widely availed loans in Credit society, and with good reason. Any Member can apply for a gold loan and these loan need minimum documentation to get sanctioned. Following is the list of documents
Document | Valid Type |
---|---|
Identity Proof | Pan Card / Aadhar Card / Passport / Voters ID Card |
Address Proof | Aadhar Card / Utility Bill / Leave & License Agreement |
Photographs | Two copies |
Loan | Personal Loan |
Interest Rate | 13 % (Reducing Balance Interest) |
Loan Processing Charges | Upto 1.5% of Loan amount |
SHARES AMOUNT | 2% of the Loan amount |
Stamping Charges | Applicable as per the State's Stamp Act |
Overdue Charges (Penalty) | 10% of the Monthly Interest |
Dishonour Charges Per Instance | Rs. 750.0/- |
Swap Charges( Replacement of PDCs) | Up to Rs. 500/- per Swap per Instance |
Prepayment Interest / Foreclosure Charges | 3.00% of fore closure amount if closed 1 month ahead of the tenure |
Valuation Charges | Actuals as per the valuer |