Union Bank of India- Product
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Image  SOD AGAINST GOLD ORNAMENTS


Purpose

  • Overdraft can be allowed for Agriculture and Allied activities, Business activities, consumption purposes and contingencies and will not be allowed for speculative purpose.

Eligibility

  • Any individual owning gold ornaments/Jewelry/Coins, either singly or jointly having saving bank account with our Bank.
  • Pawn brokers and jewelry shop owners are not eligible under the scheme.

Quantum of loan

  • Minimum Amount -Rs.10.00 lakhs
  • Maximum Amount -Rs.25.00 lakhs

Repayment Period

Running Account- Repayable on demand subject to renewal every year.


Rate of Interest - Please click here to know our latest interest rates

Conditions apply.

For more details please contact our nearest branch