1. Purposes for which Gold loan is granted?
- To build a house
- To add a new part to a house /extensions
- To complete a partly built house
- To obtain water facilities, sanitary facilities and electricity
- To purchase a house
- To purchase a plot of land to build a house
2. Who can obtain the loan?
- Salaried employees
- Business/self Employed
- Income earners from Agriculture
- Rental Income earners
- You can apply for the loan either individually or jointly (with your spouse, with parents or
with your children)
3. The Loan amount you can obtain?
- You can obtain any amount subject to the value of the gold
4. What is the Security?
- The gold that you deposit.
5. What is the repayment period?
- You have to following options of 1month, 3 months, 6 months, 1 year or over 1 year to choose from.
|