||For personal / General Business Purpose and Non Crop agriculture purpose
|Maximum Loan Amount Loan
||Need Based loan subjected to Maximum of Rs 15.00 Lakhs per party.
|Per Gram Lending
||80% of the market value (LTV)/Appraised value of the gold pledged subject to a maximum of Rs 3200 Per gram( Subject to change from time to time)
|Rate of interest
||Till the completion of 6 Month - 7.25% per annum. Overdue accounts shall be charged at 10.50% per annum
||Pledge on Gold Ornaments of 22 carat Purity
||Repayment in lump sum along with accrued interest within 6 months from the date of sanction.
||0.25% of loan amount