2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
17th July 2015, 10:46 AM
Super Moderator
 
Join Date: Apr 2013
Re: Gold Loan from South Indian Bank

Here Are The Details For You..

Gold Loan form South Indian Bank;

Gold! The name brings to mind images of wealth. At South Indian Bank, we value this age old preferred investment option and offer you easy avenues for quick finance against this invaluable asset.

Details Regarding Gold Loan:-

For Loan Tenure / Period:-
12 months

Rate of Interest (p.a.):-
11 % to 14 %

Valuation Fee:-
No valuation fee will be chrged.


Eligibility details for Gold Loan:

Age Limit:-
For Salaried Individuals : 21 – 60 years
For Self Employed Individuals : 21 – 75 years

Carat Range of Gold should be between 22 to 24 carat.

Loan will be given for 6 months or 12 months

Rate of Interest will be Charged of 11.40% to 16.50%

EMI Option : Loan Duration can be extended to 36 months.
For more details:

Contact: 1800 843 1800
  #3  
8th December 2015, 05:15 PM
Unregistered
Guest
 
Re: Gold Loan from South Indian Bank

Hii sir, I wants to get the details of the gold loan Schemes of the South indian bank ? As I wants to apply for the gold loan in the South Indian bank ?
  #4  
8th December 2015, 05:16 PM
Super Moderator
 
Join Date: Apr 2013
Re: Gold Loan from South Indian Bank

As you are asking for the gold loan schemes of the south Indian bank the details of the gold loan of the soth Indian bank is given below:


Minimum Amount of Advance : Rs. 5000

Maximum Amount : Rs.5.00 Crores

Security : Pledge of 22ct Gold jewellery/ornaments

Rate of Interest :

Gold Max Scheme (For other purpose) 13% (Fixed)
Gold Max Scheme (For Agricultural purposes) 10.5%(Fixed)
Gold Loan General 13%(Fixed)
Gold Loan Agri 10.5%(Fixed)
Gold Loan Agri up to & incl 3 lakhs-Interest Subvention 7%(Fixed)
Gold Loan - Other Priority Sector (other than Agriculture Gold loan) 12%(Fixed)
Gold Max Plus 13%(Fixed)
Gold Loan Monthly Interest Payment 13%(Fixed)
Gold Power -Indvidual BR + 2.80 %
Gold Power -Business/Self employed BR + 2.30%
Gold Power -Re-pledge BR + 3.30%
RENTAL SCHEME BR + 4.80 %



Period of Loan : 12 months

Cutoff date for conducting auction : 13 Months

Minimum Interest: Minimum for 5 days or Rs. 50/- whichever is higher.

Handling Charges : Nil


For more details visit to your nearest branch of the south indian bank


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