Gold/Silver Pledge Loan

For priority sector lending purposes or for all other purposes other than speculative purposes.

Interest Rate9% p.a. (For women 8.75% p.a.)

Maximum Amount₹5 Lakhs

Maximum Tenure36 Months

Key Highlights

Loan against pledged gold ornaments

Bullet repayment at end of tenure

Interest charged at monthly rests

Valuation as per RBI and IBJA guidelines

Quick short-term liquidity solution

Loan up to ₹1 Lakh - Nominal Member eligible.

Loan above ₹1 Lakh - Regular Member required.

Borrower must declare ownership of the gold or silver ornaments pledged.

Borrower should be properly introduced and acceptable to the bank.

KYC documents of the borrower.

Declaration of ownership of gold/silver ornaments.

Valuation report issued by bank-authorized gold valuer.

Ornament receipt/certificate issued by the bank.

Pledge of gold ornaments only, valued by bank-authorized appraisers as per RBI guidelines.

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Processing Fee

As per prescribed Bank's Service Charges.

Visit the branch or call us for more details.