What is the maximum amount I can borrow for a Gold loan?

• TL -Rs.2 Lakh Under Bullet Repayment Schedule for 12 Months
• TL -Rs.25 lakh other than Bullet Repayment Schedule.
• OD - Rs.25 Lakh Overdraft Limit against Gold Ornaments

In how many years can I repay the Gold loan amount?

• Bullet Repayment – Maximum 12 Months wherein interest will be charged to the account on Monthly Rests.
• Other than Bullet Repayment – Repayable in 12 Monthly or Equated Instalments
• Overdraft Limit against Gold Ornaments – 12 Months (Interest to be paid as and when applied)

What is the purpose of the Gold loan?

The funds from gold loans can be used for weddings, education, business expansion or any other similar or legitimate purposes.