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
14.25%
Fixed
Others
11.50% to 24%
Our Charges
Schedule Of Charges for Gold Loan
(Effective 20th March 2025)
Schedule Of Charges for Gold Loan(Effective 20th March 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
36% per annum on Total 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
2% of the Outstanding Principal
Overdrawn Charges
24% per annum on the overdrawn amount in excess of the drawing power for the period
of non-compliance
Pre Part-payment Charges
Maximum 2% of the pre-paid amount
Commitment Fee
1% of the of the unutilized amount (70% of Sanction limit- utilized amount) monthly
utilization is less than 60% of the sanction limit . The same to be charged Quarterly
Loan Re-scheduling Charges
Rs. 500/- for every loan reschedule
Auction Advertisement
Actuals, basis the Newsprint Publications
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 and statutory requirement
To make payments for the Loan via NEFT / RTGS, please contact your Home Branch – Branch Manager for further details
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