Any Individual Nominal members of the Bank.
The applicant must be an Account Holder.
The amount of loan shall not exceed 70% of the Net value of the Gold as fixed by the Bank from time to time and the highest amount of loan against Gold shall be Rs. 3,00,000/- for an Individual borrower at a time.
The loan shall be required to be repaid within a period of 12 months.
The Processing fees are very nominal in case of Gold loan.