Terms & Conditions for opening Gold Ornament Pledge Loan:
1. Loan extended up to 60% of the market value of gold.
2. In the case of hallmarked gold, a loan is extended up to 70% of the market value of gold.
3. The rate of interest on the gold loan is 11%.
4. Loan disburse through savings deposit A/c, so, Savings deposit A/c is mandatory to avail of The facility of gold ornaments pledged loan.