#1
30th July 2015, 10:08 AM
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Gold loan Interest Rate In Syndicate Bank
What is the Interest Rate for Gold Loan to take from Syndicate Bank, can any one please provide here & also give more details about Syndicate Bank Gold Loan???
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#2
1st August 2015, 10:52 AM
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Re: Gold loan Interest Rate In Syndicate Bank
Syndicate Bank Gold Loan details are as given below: Gold Loan Amount of Loan Upto Rs. 10.00 lakhs for Non priority purposes Upto Rs. 20.00 lakhs for Business purposes. Interest rates: Rate of Interest BR+1.50 presently 11.75% Penal Interest 2 % above the applicable rate on all overdue loans Eligibility Existing and new customers who are properly introduced to the Bank Maximum term 12 months Repayment holiday 11 months Interest Compounding Frequency Monthly Syndicate Bank Gold Loan info |
#3
24th November 2015, 09:43 AM
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Re: Gold loan Interest Rate In Syndicate Bank
Hello sir I want to know about the interest rate on Gold Loan of Syndicate Bank so please provide me information about the same.
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#4
24th November 2015, 09:43 AM
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Re: Gold loan Interest Rate In Syndicate Bank
The Syndicate Bank offers loan schemes to meet financial needs of various segments of society and the repayment schedules are tailored to suit their income streams. Gold loan scheme of Syndicate Bank Product name and Code-Synd Swarna- Non Agriculture- Bullet repayment Rate of Interest-BR+1.50 presently 11.75% Penal Interest-2 % above the applicable rate on all overdue loans Eligibility Existing and new customers who are properly introduced to the Bank Amount of Loan Upto Rs. 10.00 lakhs for Non priority purposes Upto Rs. 20.00 lakhs for Business purposes Tenure- The tenor of the loan shall not exceed 12 months from the date of sanction. Maximum term-12 months Repayment holiday-11 months Interest Compounding Frequency-Monthly Repayment Period Bullet repayment-The entire loan amount with interest shall be repayable within 12 months from the date of sanction. |