Saraswat Bank Gold Loan | Interest Rates | Information

Saraswat Bank offers loan against gold at lowest interest rates. Maximum loan amount upto Rs.50 lakh & 36 months repayment period.

Eligibility – Any individual who is the true owner of the ornaments

Limit of loan

  • Maximum loan / OD up to  Rs. 50 lakh    
  • For Bullet repayment – 2 lakh

Apply Gold Loan

Full Name
City
Mobile
Annual Income
Age
Email ID
Loan Amount
Gold weight (in grams)
How immediate is your requirement

Basis of Advance – 75% of valuation of gold ornaments or Rs. 2000/- per gm whichever is less

Rate of Interest

  • PLR- 2= 12.25% p.a. ( floating)
  • Present PLR : 14.25%p.a.

Processing fees – Nil

Other charges

  • Custody charges of Rs. 300/- per quarter or 0.50% of the loan availed whichever is higher, in case the delivery of ornaments is not taken within one month from the closure of loan account.
  • Valuation charges at actuals

Documents Required for Gold Loan:

  • Prescribed Loan application form
  • Photo identity and residence proof of applicant