KVB Bank Gold Loan

Hi buddy here I have come to get info of KVB Bank Gold Loan scheme , so would you plz tell me as I want to apply for this loan ??

[pawan]

Gold Loan is basically taken to overcome short term requirements of a person .

As you want here I am telling about KVB Bank Gold Loan scheme

KVB Bank Gold Loan scheme
Minimum Loan Amount


Rs.1.00 Lakhs

Repayment Tenor


12 Months (Overdraft Facility). The Limit can be renewed for a further period of 12 months, subject to the discretion of sanctioning authority.
SCHEME ROI (floating) p.a.
Swarnamitra One-year MCLR+2.60

Primary security


Pledge of Gold Jewellery with Minimum purity of 22 Carats and Gold Ingots sold by banks.

Collateral security


Nil (Optional)

Guarantee


Nil (Optional)

Processing charges


0.50 Per Loan of Rs.100.00 (inclusive of Appraisal charges)