Question
I want to know the Interest Rate of Gold Loan in North Malabar Gramin Bank so will you please tell me?
Ans
Kerala Gramin Bank (KGB) is a Regional Rural Bank (RRB) formed by amalgamating the two RRBs of Kerala namely South Malabar Gramin Bank and North Malabar Gramin Bank through a notification by the government of India.
Kerala Gramin Bank offers Loan against Gold jewellery through all its branches. they offer a wide range of Gold loan products to cater all your needs
Gold Loan Interest Rate
ONE YEAR GOLD LOAN Irrespective of Amount 11.99%
GOLD LOAN OTHERS Irrespective of Amount 12.99%
GOLD LOAN OD Upto 1 Lakh 12.00%
Above 1 Lakh 12.50%
Gold Loan
Features & Benefits-
Easy and hassle-free loan process.
Gold loans will be granted only to individuals.
Loan will be granted after getting the jewels duly appraised by the jewel appraiser engaged by the Bank.
22 carat Gold’s are accepted as security.
Quantam of Loan-
Quantum of loan differs from one scheme to another.
Maximum loan amount upto 80% of appraised value of gold can be availed.
Security-
Pledge of Gold ornaments
Only 22 carat Gold will be accepted as security.
Contact-
Head Office
KGB Towers,
AK Road, Uphill,
PB No. 10,
Malappuram, Kerala, India,
PIN. 676 505.
Customer Care : 0483 2733509
Fax : 0483 2736987
Email : kgbho@keralagbank.com