#1
11th June 2015, 08:27 AM
| |||
| |||
Loan Against Gold South Indian Bank
I want to take gold loan from South Indian Bank for my sisters wedding . Will you please detailed information regarding the Gold loan of the South Indian Bank ?
|
#2
11th June 2015, 01:01 PM
| |||
| |||
Re: Loan Against Gold South Indian Bank
South Indian Bank Limited (SIB) was established in the year 1929 . The Headquarter is located in Thrissur City, Kerala, India . Gold loan schemes : Gold Loan Monthly Interest - To meet the customer personal requirement. Gold Max Plus - For meeting personal/family/business/ finance requirements/other unforeseen requirements Gold Max - To meet the customer personal requirement. Gold Rush - Gold Loans with attractive interest rate Swarnanidhi - For meeting personal/family/business/ finance requirements To be operated as an overdraft account against pledge of 22 carrot gold ornaments. There is provision for release of the ornaments & re-deposit of the ornaments without any restrictions. Special features of the scheme Target group : Individuals, Partnership & Proprietary Firms. Loan limits : Minimum Rs.0.25 lac , Maximum Rs.500 lacs Type of facility : Overdraft against pledge of 22 carrot gold ornaments Security : Pledge of 22 ct Gold Ornaments Rate of Interest : Click here to view the latest Rate of Interest Processing fee : 0.20% on each renewal / enhancement Penal interest : 2 % p.a Rate per gram : as fixed by H.O from time to time Period of sanction : 12 months; Can be renewed after paying interest. Only 22 ct ornaments sbe accepted for pledge . Borrower can operate this account as their personal overdraft. |
#3
21st November 2015, 03:06 PM
| |||
| |||
Re: Loan Against Gold South Indian Bank
Hello, I want to take the loan from the South Indian Bank against gold. Please tell me the details of the loan.
|
#4
21st November 2015, 03:08 PM
| |||
| |||
Re: Loan Against Gold South Indian Bank
Hello, here I am providing you the details of the gold loan of South Indian Bank as under: Gold max: Purpose of the loan: For meeting personal/family/business/finance requirements/other unforeseen requirement Minimum Amount of Advance : Rs. 5000 Maximum Amount : Rs.5.00 Crores Security : Pledge of 22ct Gold jewellery/ornaments Gold power: Target group: Individuals, Business/Self Employed Type of facility: Overdraft against pledge of 22 carat gold ornaments Loan limits: Minimum Rs.0.25 lac , Maximum Rs.500 lacs Security: Pledge of 22 ct Gold Ornaments, Re-Pledge of 22 ct Gold Ornaments Interest rates: Gold Rush Scheme 14.00% Gold Max Scheme (For other purpose) 13.00% Gold Max Scheme (For Agricultural purposes) 10.50% Gold Loan General 13.00% Gold Loan Agri 10.50% Gold Loan Agri up to & incl 3 lakhs-Interest Subvention 7.00% Gold Loan - Other Priority Sector (other than Agriculture Gold loan) 12.00% Gold Max Plus 13.00% Gold Loan Monthly Interest Payment 13.00% Gold Power 13.00% Gold Power -Priority sector (MSE) 12.50% |