| Purpose |
Overdraft facility on current
account |
| Eligibility |
Properly introduced Customers Singly
or Jointly. |
| 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 |
36 months |
| Appraisal charges |
Rs.3/- per thousand with a minimum of Rs.30/- and a
maximum of Rs.110/- |
| Service Charges |
1.10% of the original limit subject to a maximum of
Rs.330/- p.a. |