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Personal Advances / Demand Loans Against Pledge of Gold Ornaments
 
Purpose General purpose
Eligibility All individuals who are 21 years old or older
Amount of finance Maximum Rs.5 lakhs
Security Pledge of Gold ornaments or Jewellery made of 22 Carat or 18 Carat
Gold valuation Rs.800/- per gram for 22 carat gold purity, 
Rs.650/- per gram for 18 carat gold purity
Repayment 12 months to 18 months
Appraisal charges Rs.3/- per thousand with a minimum of Rs.30/- and a maximum of Rs.110/-
Processing Charges Rs.3.50 per thousand with a minimum of Rs.30/- and a maximum of Rs.110/-
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