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Gold Loans

Gold Loans

Eligibility

A’ Class and ‘C’ Class members are eligible for availing ‘Gold loan'

Security

The loan will be issued on the security of gold ornaments

Limit of Assistance

The maximum amount of a loan is fixed as Rs.500000/-

Disbursement

50% of the market value of gold ornaments will be disbursed as loan amount

Duration

The duration of the loan will be 30 days

Interest Rate

  • Interest Rates
  • Unreleased Gold Ornaments

    The unreleased gold ornaments will be auctioned if the borrower fails to repay and there is no response from the part of the borrower after getting registered notices to repay the loan