Suvarnadhara – Gold Loan Scheme :-
The customers are given loan up to Rs. 5 lacs or 70% of Gold ornaments for purchase of gold. The loan period for this scheme is of one years. The bank has started this scheme in this current year.
Regular Advance against Gold :-
The customers are given loan up to Rs. 1 lac against gold ornaments in this scheme. The loan period for this scheme is of one year. This scheme is quite popular among the customers.
The financial eligibility depends on an individual's repayment capacity and is based on the following factors:
- Monthly or annual income
- Source of income
- Savings and credit history
- Work experience
- Number of dependents
- Probability of the individual continuing in the same occupation
Apart from the application form, you will be required to submit the following documents.
|Identity Proof||PAN Card, Driving License, Passport, Voter's ID, Aadhaar Card|
|Address Proof||Passport, Driving License, Voter's ID, Aadhaar Card, Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old)|
|Signature Proof||PAN Card, Driving License, Passport|
|Latest Passport Size Photographs (4 copies)|