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Personal Advances / Overdraft Against Pledge Of Gold Ornaments
 
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.
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