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#2
14th March 2016, 12:02 PM
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| Re: Andhra Pragathi Grameena Bank Loans
Andhra Pragathi Grameena Bank (APGB) was established on 01.06.2006. As per your request here I am providing you the details about Andhra Pragathi Grameena Bank Bullet Gold Loans: Purpose: The loan is extended for meeting any productive purpose / consumption needs other than speculation with per party limit up to Rs.1.00 lakh Eligibility: All the customers of the branch, who are having SB/Current Account are eligible for coverage under the scheme Quantum of Loan: Per gram lending rate is Rs.1,550/- on the net weight of the ornaments or 75% of the market value (80% for hall marked jewels) whichever is less The list of types of loans: Pragathi Agri Gold Loan Up to Rs.1, 550/- per gram on the net weight or 75% of market value (80% for hall marked jewels) whichever is less. Pragathi General Gold loan / Pragathi Swarna Credit Card. Up to Rs.1, 500/- per gram on the net weight or 75% of market value (80% for hall marked jewels) whichever is less. Pragathi Bullet Gold Loan. Up to Rs.1, 550/- per gram on the net weight or 75% of market value (80% for hall marked jewels) whichever is less. Rate of Interest: 13%; overdue interest at 2.25% over the normal rate shall be charged on the overdue loan amount Security: The loan is secured against security of gold ornaments, Gold coins with 22 carat and above purity Repayment: The loan amount along with interest shall be repaid within 12 months from the date of sanction Contact: Head Office PO Box 65, Opp. Officers club Rayachoty Road, Kadapa - 516001(AP) Phone: 08562 244153 Fax: 08562 244169  ragathibank@apgb.in[MAP]Head Office PO Box 65, Opp. Officers club Rayachoty Road,Kadapa - 516001[/MAP] |