Indian Bank Loan Gold

I want to take loan for the gold from Indian Bank so tell about some information and also provide me contact detail of Indian Bank. .

[Shaleen]

As you are planning to take loan for the gold from Indian Bank.
Here as per my knowledge I am providing you some information about Jewel Loan Scheme from Indian Bank.

Currently Indian Bank provides Loans for
1. Home Loan 2011
2. NRI Home Loan
3. Plot Loan
4. Home Improve
5. IB Vehicle Loan
6. Ind Mortgage
7. IB Rent Encash
8. Ind Reverse Mortgage
9. Loan / OD against Deposits
10. Loan / OD against NSC / KVP / Relief bonds of RBI / LIC policies
11. IB Pension Loan
12. Educational Loan
13. IB Tradewell
Etc.

Jewel Loan Scheme
You can get amount of loan based on the net weight of the jewel/ornament and rate per gram fixed from time to time or 70 % of market value of the jewels to be pledged whichever is lower.
And processing fee will be 0.56 % of the limit sanctioned.

Contact detail
Indian Bank, Corporate Office,
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014
National Toll Free No. 1800 425 4422

I am looking to get information of interest rates on Gold Loan provides by Indian Bank. So will you provide me information about interest rates of Gold Loan at Indian Bank?

[Quick Sam]

Here you are looking for interest rates on Gold Loan provide by Indian Bank, so here I am giving following information:

Interest Rates on Gold Loan at Indian Bank

Jewel Loan to Traders under Priority Sector

Facility Limit Base Rate spread TP Interest
Secured Upto Rs.2.00 10.20 1.55 00 11.75
OD lakhs

Above Rs.2.00 lakhs 10.20 1.80 00 12.00
-upto Rs.5.00 lakhs

Above Rs.5.00 lakhs 10.20 2.30 00 12.50
-upto Rs.20.00 lakhs

Above Rs.20.00 lakhs 10.20 2.30 00 12.80

Short Term Upto Rs.2.00 lakhs 10.20 1.55 0.50 12.25
Loan
(upto 35 Above Rs.2.00 lakhs 10.20 1.80 0.50 12.50
months) -upto Rs.5.00 lakh

Above Rs.5.00 lakhs 10.20 2.30 0.50 13.00
- upto Rs.20.00 lakhs

Above Rs.20.00 lakhs 10.20 2.80 0.50 13.50