Gold Loan
Quick financial assistance against your gold with minimal documentation.
Purpose
in case of any emergency you can contact Mahesh bank for quick loan
Eligibility
- Any individual who is the true owner of the ornaments .
- Advance is given to male applicant against women ornaments, On the basis of female consent (mandatory).
- Loan Limit Up to 4 lakhs Bullet repayment.
- Maximum eligible loan amount is ₹20 lakh.
- Borrower / Partners / Directors / Guarantors must be a member of the Bank.
Document Required
- Duly filled prescribed application form.
- KYC documents of applicant i.e. PAN Card, latest photograph, Identity proof, residence proof.
- Declaration from borrower that he/she is the true owner of the ornaments.
Rate of Interest
9.50%
For Farmer / MSME
10.00%
For Others