Vyapari Sahakari Bank Maryadit, Solapur

Our Bank never asks for confidential information such as PIN and OTP from customers. Please don’t share personal information.

Gold Loan

Easy Gold Loan is available when you step in with Gold Asset into our Bank.

Prerequisite Rules
Loan Limit Loan Amount Minimum amount Rs.15000/- to Rs.10,00,000/-
Repayment Loan amount upto Rs.2,00,000/- (Bullet repayment with in one Year)
Loan amount upto Rs.2,00,000/- (Bullet repayment with in one Year)
Pre-Payment Penlty Nil
Interest 8.00%* PA on onwards
Margin upto 75% of valuation of gold*
Rate of Calculation Interest calculation on daily reducing balance.
Purpose For Domestic purpose.
Security Pledge of Gold ornaments &jewellery
Guarantors No Guarantor.
Documents Minimum Document required.
Shares Contribution Shares @ 2.5% of Sanction Limit.
Charges Applicable as per chart
Processing Fess No Processing Charge
Eligibility
  • The applicant must be true owner of the gold ornaments and jewellery to be pledged with the bank.
  • The applicant should be a local resident.
    • Documents Required
  • Loan application
  • PAN Card, Address Proof, latest Photograph, of the Applicant.(KYC of Borrower)
  • No Income Proof required for Loan upto Rs.2 Lakhs
  • Income Proof required for Loan above Rs.2 Lakhs
  • In Case of Salaried Person :
  • Salary slip of last 3 months
  • Bank a/c statement for last 6 months where salary is credited.
  • Form No 16 / ITR for last 3 financial year.
  • In case of Businessman :
  • Proof of Business ( Shop Act, Food & Drugs License etc. as per applicability)
  • Last 3 years ITR, P& L A/c , Balance sheet (Audited)
  • Last 6 months bank statement of business
  • Any other documents as required by the bank at later stage.
    		•

    *Conditions Apply. * For More details Please Contact Nearest Branch