Option No. 2 :- Monthly repayment by EMI.
- Applicant should be a/c holder of the Bank (KYC complied).
- Applicant for loan should be either Nominal Member or Member of the Bank.
Maximum Rs. 5 lac
30 % on gold price on the average price during the period of last one month from day of deposit with the Bank
Rate of Interest
@ 9.50% p.a. ( With monthly rests')
EMI repayment within 12 months from the date of loan
Pledge of gold.
No guarantor is required
Share linkage @ 2.5 % to be made applicable