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Your Trusted Companion for Instant Capital

Secure, quick, and affordable financing against gold and silver ornaments to meet your urgent financial needs.

The Swarna Gowri Gold Loan is designed to provide you with rapid liquidity by leveraging the value of your gold and silver jewelry. Whether it's for a wedding, a medical emergency, children's education, or business expansion, this scheme ensures that your precious assets stay safe in our vaults while providing you with the funds you need. With minimal documentation and instant disbursal, it is the perfect solution for those who want to avoid the complexities of traditional personal loans.

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  • Free Insurance
    Free Insurance

    Life & Accident Cover

  • Digital Services
    Digital Services

    Mobile Banking, UPI

  • Debit Card
    Debit Card

    Rupay Classic, Platinum

  • Personal Service
    Personal Service

    People-centric Banking

  • Purpose: To meet any personal expenses, which includes personal expenditure or varied needs like marriage, higher education, medical emergencies, business, travel etc or for any legitimate purposes or to meet any recurring expenses , business needs.
  • Eligible Securities: Pledge of Gold/Silver Jewellery/Ornaments.
  • Maximum Loan Amount :
    Ā  Ā  Ā  Ā  ā—¦ Maximum upto Rs. 25 Lakh for Term Loan or Overdraft facility
    Ā  Ā  Ā  Ā  ā—¦ Maximum upto Rs. 2.25 Lakh for Bullet repayment Loan
    Ā  Ā  Ā  Ā  ā—¦ Maximum credit exposure limit per borrower will be Rs. 30.00 Lakh (i.e. Term Loan + Overdraft facility)

  • Repayment :

    • Bullet Repayment Loan ā€“ Entire loan with Interest to be repaid at the end of 12 months from the date of sanction.

    • Term Loan ā€“ Repayable in 36 Monthly Installments Plus Interest or EMI.

    • Overdraft facility ā€“ Facility is valid upto 12 Months from the date of sanction.

  • Margin & Valuation

    • Valuation: Purity and value are determined by the Bank's approved Gold Appraiser/Valuer.

    • Accepted Articles: Gold jewelry, ornaments, and gold coins sold by banks. (Note: Bullion/Primary gold bars are generally not accepted).

Resident Individuals (Singly or Jointly) and Proprietors who are the lawful owners of the ornaments.

Eligible Loan Amount

  • Individuals / Proprietors (must be true lawful owners of Ornaments, Jewellery & Coins to be pledged with the Bank).

  • LTV % of the Market Value of the Net Weight (Gold & Silver Jewellery / Ornaments / Coins)

Net Weight Methodology:

SR.
NO.

GOLD / SILVER

DESCRIPTION OF ARTICLES

NO. OF
ARTICLES

GROSS WEIGHT (A)

NET WEIGHT (B)

CARAT

RATE /
10 GMS (C)

VALUE
(B x C)

GR

MG

GR

MG

1

GOLD

Gold / Silver Jewellery,
Ornaments,
Coins

X

X

X

X

X

X

X

X

2

GOLD

X

X

X

X

X

X

X

X

3

SILVER

X

X

X

X

X

X

X

X

TOTAL

XX

XX

XX

XX

XX

XXX

APPLICABLE LTV

X%

ELIGIBLE LOAN AMOUNT

XXX
  • LTV % is determined based on Specific Product Scheme and Purpose of Loan as applicable from time to time
  • Market Value of the Gold / Silver is determined by the Bank and Purity of Gold / Silver articles are determined by the Bankā€™s approved Gold / Silver Appraiser / Assayer / Valuer.
  1. KYC: Any one of: Aadhaar Card,Voterā€™s ID, Driving License, or Passport.
  2. PAN Card: Mandatory (or Form 60).
  3. Photograph: One latest passport-size photograph.
  4. Ownership Declaration: A simple declaration stating the ornaments belong to the applicant.
  • How long does it take to get the money?
    Gold loans are among our fastest products. Once the gold is appraised, the loan is often disbursed within the same day.
  • Is my gold safe?
    Absolutely. Your jewelry is stored in highly secure, fire-proof, and electronic-surveillance-monitored bank vaults.
  • What is a Bullet Repayment?
    Under this plan, you donā€™t need to worry about monthly EMIs. You pay the entire principal amount along with the accumulated interest in one go at the end of the 12-month tenure.

Service Charges, Margin & Rate of Interest :
- As Applicable from time to time

  • Purpose: To meet any personal expenses, which includes personal expenditure or varied needs like marriage, higher education, medical emergencies, business, travel etc or for any legitimate purposes or to meet any recurring expenses , business needs.
  • Eligible Securities: Pledge of Gold/Silver Jewellery/Ornaments.
  • Maximum Loan Amount :
    Ā  Ā  Ā  Ā  ā—¦ Maximum upto Rs. 25 Lakh for Term Loan or Overdraft facility
    Ā  Ā  Ā  Ā  ā—¦ Maximum upto Rs. 2.25 Lakh for Bullet repayment Loan
    Ā  Ā  Ā  Ā  ā—¦ Maximum credit exposure limit per borrower will be Rs. 30.00 Lakh (i.e. Term Loan + Overdraft facility)

  • Repayment :

    • Bullet Repayment Loan ā€“ Entire loan with Interest to be repaid at the end of 12 months from the date of sanction.

    • Term Loan ā€“ Repayable in 36 Monthly Installments Plus Interest or EMI.

    • Overdraft facility ā€“ Facility is valid upto 12 Months from the date of sanction.

  • Margin & Valuation

    • Valuation: Purity and value are determined by the Bank's approved Gold Appraiser/Valuer.

    • Accepted Articles: Gold jewelry, ornaments, and gold coins sold by banks. (Note: Bullion/Primary gold bars are generally not accepted).

Resident Individuals (Singly or Jointly) and Proprietors who are the lawful owners of the ornaments.

Eligible Loan Amount

  • Individuals / Proprietors (must be true lawful owners of Ornaments, Jewellery & Coins to be pledged with the Bank).

  • LTV % of the Market Value of the Net Weight (Gold & Silver Jewellery / Ornaments / Coins)

Net Weight Methodology:

SR.
NO.

GOLD / SILVER

DESCRIPTION OF ARTICLES

NO. OF
ARTICLES

GROSS WEIGHT (A)

NET WEIGHT (B)

CARAT

RATE /
10 GMS (C)

VALUE
(B x C)

GR

MG

GR

MG

1

GOLD

Gold / Silver Jewellery,
Ornaments,
Coins

X

X

X

X

X

X

X

X

2

GOLD

X

X

X

X

X

X

X

X

3

SILVER

X

X

X

X

X

X

X

X

TOTAL

XX

XX

XX

XX

XX

XXX

APPLICABLE LTV

X%

ELIGIBLE LOAN AMOUNT

XXX
  • LTV % is determined based on Specific Product Scheme and Purpose of Loan as applicable from time to time
  • Market Value of the Gold / Silver is determined by the Bank and Purity of Gold / Silver articles are determined by the Bankā€™s approved Gold / Silver Appraiser / Assayer / Valuer.

  1. KYC: Any one of: Aadhaar Card,Voterā€™s ID, Driving License, or Passport.
  2. PAN Card: Mandatory (or Form 60).
  3. Photograph: One latest passport-size photograph.
  4. Ownership Declaration: A simple declaration stating the ornaments belong to the applicant.

  • How long does it take to get the money?
    Gold loans are among our fastest products. Once the gold is appraised, the loan is often disbursed within the same day.
  • Is my gold safe?
    Absolutely. Your jewelry is stored in highly secure, fire-proof, and electronic-surveillance-monitored bank vaults.
  • What is a Bullet Repayment?
    Under this plan, you donā€™t need to worry about monthly EMIs. You pay the entire principal amount along with the accumulated interest in one go at the end of the 12-month tenure.

Service Charges, Margin & Rate of Interest :
- As Applicable from time to time