Toll Free Number :1800 258 7750 (Available during banking hours - 10:00am to 06:00pm)

Reg. No: SA 2914 Dated : 27 Jan. 1995
License No: UBD Guj-1153 P Dated : 01 July 1995

Gold Loan

Eligibility of borrower * Having current / saving account  holder of the Bank.
* KYC norms should be observed.
* Applicant must have his own ornaments.
* Borrower must be a member /nominal member of the  bank.  
Purpose of Loan          * To meet the expenses towards.
* Social ceremonies of the members.
* Medical treatment of the members and his family members.
* Educational expenses of  his children.
* Repairing of his residential house.
* Any other purposes.
Quantum of finance      * Loan up to 75% of the market value price or contum fixed by the Board of directors as per prevaling market value time to time per 10gms of gold ornaments whichever is less  will be granted. women borrower will be allowed Rs.1000/-extra per 10gms.
* Maximum Rs.2.00 lac.
Repayment period * 12 months for repayment of total loan in one lump sum and interest to be repaid monthly.
OR
* Max. 12 Months with monthly installments together with interest.
Rate of Interest      10.50%  p. a .
Security Pledge of gold ornaments with the Bank.

 Gold Loan