Purpose To Extend
financial assistance
for
personal needs.
Eligibility Individuals
Quantum of Finance
65% of Gold
Valuation
Minimum Rs. 25,000/-
and Maximum Rs.
50,00,000/- Valuation of the
gold ornaments to be
obtained exclusively from Banks
approved gold valuer.
Security Pledge of Gold
ornaments owned by
the individual
Repayment
Loan Upto Rs 1.00
Lac - EMI or bullet
( Single Installment
)Payment,
Interest to be Serviced / Paid every month. ( Max. 12
Months )
Loan more than Rs 1.00
Lac in Equated Monthly Installments
as per
repaying capacity. ( Max. 60 Months )
Guarantors Nil
Common Documents Attested photocopy of PAN
card / Passport / Driving
License. Attested photocopy of
Ration Card / Electricity
bill / Telephone bill Latest Salary Slip and Form No. 16 in case of
salaried persons Audited Balance sheet /
Profit & Loss statement for
last 3 years in respect of
firm/company
Income Tax returns, with
computation of total income
for last 3 years in case of
professionals and self employeed persons.
C.A. Certified Net Worth Form of borrower
and guarantors Copy of Bank statement (at
least six months) Latest passport size
photographs
Other Documents Gold
Loan Application Form Valuation Report by
approved Valuer
::
Gold Loan :
To Extend
financial assistance
for 
