Sanmitra Sahakari Bank Ltd. offers loans against gold ornaments to help customers meet their financial needs. This secured loan provides a quick and easy way to get funds by pledging your gold jewelry as collateral.
Key Features and Benefits:
- Loan Amount:
- Interest Rate:
- Loan Tenure:
- Processing Fees:
- Quick Disbursal:
- Security of Gold:
- Flexible End-Use:
Eligibility Criteria:
While specific details may vary, a gold loan is typically available to:
- Individuals who own gold jewelry.
- Individuals with a valid source of income for repayment.
- Applicants are required to have a nominal membership with the bank.
Required Documents:
The required documentation generally includes:
- Residential/ID proofs
- Income proofs
- Photos of the borrower
- Gold ornament receipts
How to Apply:
To apply for a gold loan, you should visit a Sanmitra Sahakari Bank branch with your gold ornaments and the necessary documents. You will need to fill out a loan application form. The bank will then assess the purity and weight of your gold to determine the loan amount.
