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GOLD LOANS

  
 

Sl No.

Purity

Amount per gram

Rate of Interest

1.

Upto 20 Carats

No loans to be given

---

2.

21 Carats

Rs. 600/-

11%

3.

22 Carats

Rs. 700/-

11%
 
     
 
  • Individual borrower limit shall not cross Rs. 3-00 Lakhs (Regular Member)
  • Nominal Member limit shall not cross Rs. 1-00 Lakh

Rate of Interest to be charged for gold loans availed by the staff under salary deductions will be 10.5% p.a. as against 11.5% earlier, w.e.f 1st May 2008.

  
     
   
     
   
   
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