Introducing GoldEncash – a product that lets you meet your business needs as well as safeguard your assets. Get a loan of up to 60% of the value of your gold deposit, to be repaid in monthly installments for up to 3 years.
Features of the Scheme
As per Credit Policy of the Bank (Businesswomen and Businessmen both are eligible)
Purpose/ Nature of facility
To meet business related needs.
Maximum age 65 years
One year (Renewable) as per satisfactory repayment behavior/history of the Borrower.
Financing facilities up to 03 years
60% of the gold value
Minimum Rs. 50,000/- to Maximum Rs. 2000, 000
Pricing – 06 month KIBOR + 600 bps.
Loan Processing Fee will be as per Bank’s Schedule of charges
Gold Cover/ Gold Ornaments
Valuation of Gold
By the approved jeweler on the Bank’s Panel
Flexible and Rollover facility
10 working days from the date of receipt of complete documentation
Shop # 8 & 9, Abdullah Regency, Plot # 15/124, BMCHS,
Block – 3, Main Jamal-ud-Din Afghani Road,
Phone : 021-34122447, 021-34122448
S-19, R-34, Commercial Building,
Site last updated March 17, 2017 @ 10:58 am