Gold Loans
Bank Gold Loan is the ultimate solution for your financial needs. You can avail Gold loan whenever you need funds for education of children, business expansion, down payment for purchase of property or automobile, medical emergency, holiday with family, agricultural needs etc.
Just walk into the nearest DCCB branch offering Gold Loan with your jewelry and avail Gold Loan in matter of minutes. Gold Loan can be availed by pledge of gold ornaments with minimum paper work and low interest rate.
Features & Benefits
• Easy and hassle-free loan process.
- • Loan will be granted after getting the jewels duly appraised by the jewel appraiser engaged by the Bank.
- • 22 carat Gold is accepted as security.
SECURITY :
- Pledge of gold ornaments duly verified for quality & quantity
Documents Required
- • Application for Gold Loan with two copies of photographs.
- • Proof of Identity with proof of Address
- • Witness Letter in case of illiterate borrowers.
Time of Disbursement
- • DP note and DP Note Take Delivery Letter.
- • Gold Ornaments Take Delivery Letter.
- • Undertaking– Ownership & Source of Gold by the Applicant
1. Express Gold Loans.
| Amount per gram | Rs.3450/- |
| Maximum Amount | 10 Lakhs |
| Repayment | 06 months |
| Rate of interest | 10.25% |
| Sureties | NIL |
| Other Charges | Nominal Membership (Refundable), Gold Appraisal charges |
2. Gold Loans above 2 Lakhs
| Amount per gram | Rs.3450/- |
| Maximum Amount | 10 Lakhs |
| Repayment | 12 months |
| Rate of interest | 9.5% |
| Sureties | NIL |
| Other Charges | Nominal Membership (Refundable), Gold Appraisal charges |
3. Normal Gold Loans
| Amount per gram | Rs.3250/- |
| Maximum Amount | 2 Lakhs |
| Repayment | 12 months |
| Rate of interest | 9.5% |
| Sureties | NIL |
| Other Charges | Nominal Membership (Refundable), Gold Appraisal charges |
