GOLD LOAN

Features

Union Gold Loan provides alternate source of credit to needy farmers as well as individuals.

Eligibility:-

All individuals are eligible to avail loan under this scheme.

Quantum of loan:-

Priority sector: Maximum up to Rs.20.00 lacs
Non-Priority Sector: Maximum up to Rs.10.00 lacs

LENDING RATE:-

Assessment of loan amount

Loan amount requested by Applicant/ assessed amount on declaration/ 75% of the appraised value of Gold Ornaments of 22 carat fineness/ Loan amount assessed based on scale of finance for production/ actual amount of credit requirement for other than crop production, as the case may be

Whichever is lower

Rate of Interest:-

Please click here to know our latest interest rates