| Who can Borrow | Regular member/Associate member/Nominal member |
| Purpose | For any legitimate purposes |
| Max .Finance available | Upto Rs.15.00 lacs for one members |
| |
| Security | Pledge of Gold Ornaments |
| Margin | 70 to 75% on the market value arrived at the prevailing BENCHMARK RATE(announced by Society from time to time) of the security to be pledged. |
| Repayment | 1. Max finance upto 15 lacs for members. |
| 2. 10.75% Annual rate of intrest |
| 3. Term loan upto 12 months |
| 4. All Gold Loans / OD a/cs to be closed on or before due date. |
| 5. subject to interest paid monthly |
| |
| Appraisal Charges | As applicable |
| Documentation Charges | As applicable |
| Prerequisites | 1. Application form along with KYC documents, Income Proof of the applicant/s (SAVING ACCOUNT TO BE OPENED). |
| 2. Pledge of Gold Ornaments. |
| 3. Valuation of the ornaments of the gold pledged will be done by the Society approved valuer in Society premises. |
