Gold Loan
Sanmati Bank Loan Against Gold Ornaments is a perfect solution to finance your immediate liquidity requirements. With Sanmati Bank at your service, you can focus on living life comfortably while depending on us for satisfying your instant liquidity requirement. Sanmati Sahakari Bank Ltd presents the Gold Loan, which offers quick and easy financing and documentation at very attractive interest rates Gold loan doesn’t demand any certificate to show your salary or income and even no credit card history is required. Thus even unemployed and non working people can go for gold loan. Unlike any other unsecured loan, gold loan doesn’t require many papers, only few documents such as ID proof and address proof is enough to avail for such loan. One of the main advantages of gold loan is its low interest rates.
Eligibility For Gold Loan
- Eligibility: Any individual
- Loan Amount: Regular gold loan up to 4 lakh and above 4 lakh.
- Rate of Interest: 9.5%
- Guarantor: Two Guarantor.
- Security: Gold.
- Processing Fees: For New Loan- 1% of loan amount (Min Rs. 500/-) For Renewal -0.10% of loan amount (Min Rs.500/- & Max Rs.15000/-).
- Document: Identity proof such as passport, Address proof, voters ID or driving license, Gold ornaments verified by banks Goldsmith.
- Repayment: up to 4 lakh- monthly repayment, above 4 lakh- bullet repayment.
- Other: All other terms & conditions as per Bank Policy.