freedom-gold-loan

A loan or overdraft will be granted against pledge of gold ornaments /coins.

Minimum loan / over draft limit : Rs.10,000/-
Maximum loan amount – Rs. 10 lacs
Period of loan – maximum 3 years
Gold appraiser charges shall be payable by the member
Gold ornaments / coins less than 16 carrot will not be accepted
Margin – 25% on the value of gold ornaments / coins as per appraiser report
Interest will be applied on daily balance method at monthly rests
- In case of loan EMI payable and in case of overdraft interest shall be serviced every month.