Parameters Features
Type of LoanLoan Against Gold
Customer segmentResident Indian (having KYC of Sikar District Only)
Maximum Loan Amount200000
Minimum Loan Amount10000
Processing FeesMinimum -1100 Loan up to 1 Lac,
1500 for Loan more than 1 Lac
Borrower’s Age norms Up to 60 Years
Overdue Charges
Documentation2 Photo
Application form
ID proof :
PAN Card
Aadhar Card
Ration Card
Customer Profile: A brief note on Customer profile to be document.
Reference Check: 2 References to be taken and tell calling to be done.
Loan Surakasha Charges2% of Loan Amount or
Min 1100 whichever is higher (Deviation-L4)
Pre Payment NormsAfter 6 month –Nil
Up to 3 month- 5 % of Outstanding
More than 3 months to 6 months – 3% of Loan Amount
DisbursementPreferred to fund only in Bank Account

Products

1.Loan Up to 50000
Value of Gold(Per Gram)ROI (Per Month)
17001%
20001.28%
24001.53%
25501.67%
2. Loan from 50001 to 200000
Value of GoldROI (Per Month)
20001.28%
24001.53%
25501.67%
Policy for Term Deposit
TenureMinimum Period of 12 month
Maximum Period of 60 months
Premature FDR/ DepositsBefore 3 month – Not Possible
UP to 6 month- NO interest to be paid
After 6 month -2% less interest to be paid