| Loans to Individuals | Details |
|---|---|
| Gold Loan (3 to 12 months) | These loans are provided on the security of gold ornaments. Rate of Interest: 11% Security: Gold Ornaments ( value varies as per bank – table) Loan amount: Max. Rs. 25,00,000.00 Duration: 3 to 12 months Documents required: Proper KYC documents. Contact Branch |
| Agricultural Gold Loan (6 months) | Loans given for the Agricultural activities/raising crops. Rate of Interest: 7 % Security: Gold Ornaments Loan amount: Max. Rs. 3,00,000.00. As per value of security, Land area under cultivation and Scale of Finance Duration:6 months Documents required: latest tax reciept of the land owned/ lease agreement. Contact Branch |
| General Purpose Mortagage Loans | These are loans given to individuals for any Non-Agriculture purpose/non-business purpose. Rate of Interest: 12-13.25% Security: Landed property only (minimum 5 cents of land in Panchayath and 5 cents in Municipalities) Loan amount: upto Rs 25 lakhs Duration: upto 120 months Documents required: Contact Branch |