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 Lakshmi Gold Power
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Purpose
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| To meet the personal/agricultural/business requirements of Individuals, Business entities, etc. |
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Type of facility
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The product is available as Overdraft against pledge of gold jewels.
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Quantum
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Security
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Pledge of gold ornaments.
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Interest Rates
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Agri. Purpose : Base Rate + 2.75% (PER: 11.50% p.a.)
Non-Agri. Purpose : Base Rate + 5.25% (PER: 14% p.a.)
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Repayment Period
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Continuation of facility based on annual review
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Loan processing fee
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0.50% of the limit sanctioned, subject to a minimum of Rs.100/-.
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Delivery Channel
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All branches extending jewel advances.
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