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  #2  
27th June 2018, 08:40 AM
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Re: Gold Loan in Lakshmi Vilas Bank

Hii sir, I Wants to get the Information About the Gold Loan in the Lakshmi Villas Bank Will you Please provide It ?
  #3  
27th June 2018, 08:41 AM
Super Moderator
 
Join Date: Aug 2012
Re: Gold Loan in Lakshmi Vilas Bank

Lakshmi Vilas Bank was founded in 1926 by a group of seven businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar.

The Information About the Gold Loan of the Lakshmi Vilas Bank is given below


Purpose
To meet the personal/agricultural/business requirements of Individuals, Business entities, etc.

Type of facility
The product is available as Overdraft against pledge of gold jewels.

Quantum
Minimum: Rs.0.50 Lacs. Maximum: Rs.5.00 to 50.00 Lacs.
Based on the advance value per gram of gold as fixed by the Bank from time to time in respect of jewel advances and due appraisal by the Bank appraiser.

Loan processing fee
0.50% of the limit sanctioned, subject to a minimum of Rs.100/-.

Repayment Period
Continuation of facility based on annual review

Contact Information
Lakshmi Villas Bank
1800 - 425 - 2233


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