Features
Turn your gold into cash instantly
Easy EMI options up to 48 months
Key Details
ELIGIBILITY
There are no eligibility criteria! Our gold loans are for everyone
Our Gold Loan Interest Rate
Type of Loan
Segment
Effective Rate Of Interest (p.a.)
Fixed
Agriculture
14%
Fixed
Others
11.50% to 24%
Our Charges
Schedule Of Charges for Gold Loan
(Effective 15th January 2025)
Schedule Of Charges for Gold Loan(Effective 15th January 2025)
Charges
Mean rate and Interest rate range for the quarter Jul'2024 - Sep'2024
Annualised Percentage Return (APR) for the quarter Jul'2024 - Sep'2024
Charges
PARTICULARS
CHARGES (RS.)
Loan Processing Fee
Maximum of 2% of the Loan Amount
Penal Charges
Bullet
Penal charges will be equal to 36% per annum on the overdue amount
EMI/ Interest only/ OD Scheme
Penal charges not exceeding 36% per annum on the overdue amount, from the due date until the actual payment date plus applicable taxes or other statutory levies, if any.
EMI Bounce Charges
Rs.500/- (For Each Bounced Instrument)
Notice Charges
RS.50/- Per Notice
Custodian Charges
36% per annum (Sanctioned Loan Amount)
Stamp Duty Charges
Rs. 200/- per loan account (Subject to changes on Statutory/ Legislative requirement at State level).
Foreclosure Charges ****
Up to 2% of the Outstanding principal
Pre Part-payment Charges
Maximum 2% of the pre-paid amount
Commitment Fee
Upto 2% on the sanction amount if the monthly utilization is less than 50% of the sanction limit and will be charged on quarterly basis
Loan Re-scheduling Charges
Rs. 500/- for every loan schedule
Auction Advertisement
Actuals
Auction Charges
Rs. 150/- per loan account
Appraiser Charges
Not exceeding Rs. 799/- per loan account
- Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees.
** All charges are subject to change based on scheme and tenure & Statutory requirement.
*** Other Charges: Credit Score application charges for Rs. 3 Lakhs and above loans.
****Foreclosure Charges effected since April 2023.
To make payments for the Loan via NEFT / RTGS, please contact your Home Branch – Branch Manager for further details
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