Indian Bank Gold Loan Interest

Can you please give me idea about the gold loan of Indian bank??

[Pathak]

Indian Bank is leading bank in banking secor. Bank offers various scheme and loans for common people.

Indian Bank offers Gold (Jewel) Loan Scheme

Eligibility: All individuals are eligible to apply for this.

Amount of Loan:

Quantum of loan is based on the net weight of the jewel/ornament and their rate per gram fixed from time to time or 70 % of market value of the jewels to be pledged whichever is lower.

Processing fee: 0.56 % of the limit sanctioned.

Security: Pledge of Gold jewel / ornament.

Gold loan comes under the category of personal loan so here I am uploading file containing detail about the interest rate on personal loan.



Fore more detail you can contact to your nearest branch of Indian bank.