1) Any Individual Nominal members of the Bank.
2) The applicant must be an Account Holder.
Maximum amount of loan :
The amount of loan shall not exceed 70% of the Net value of the Gold as fixed by the Bank from time to time and the highest amount of loan against Gold shall be Rs. 3,00,000/- for an Individual borrower at a time.
Repayment period :
The loan shall be required to be repaid within a period of 12 months.
Processing Fees : The Processing fees are very nominal in case of Gold loan.
Insurance : As per Bank’s Rules & Regulations.