Gold Loan
Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral. The loan amount provided is a certain percentage of the gold, typically up to 70%, based on the current market value and quality of gold and low interest rate at Secunderabad Bank. In volatile times and during a contingency you can take a Loan on Gold, for any use other than to purchase Jewellery.
- Term Loan, OD and Bullet repayment available
- Gold Loans is available for tenures starting from 1 months up to 12 months.
- Repay only the interest on the loan every month
- Repay the interest and principal after 1 year in case of bullet repayment
- Low Interest rate
+918985083534
accounts@secunderabadbank.com