Meet your urgent financial needs quickly and securely with the Gold Loan facility from Valmiki Urban Co-Op Bank Ltd. Get immediate funds by pledging your gold ornaments while retaining ownership of your valuable assets. The bank offers simple procedures, fast approval, and flexible repayment options to help you conveniently manage personal, business, agricultural, or emergency expenses.
Features & Benefits
- Quick and immediate loan sanction
- Loan against gold ornaments
- Attractive and competitive interest rates
- Simple documentation process
- Flexible repayment options
- Safe and secure storage of pledged gold
- No pre-closure charges
- Ideal for emergency financial requirements
Loan Details
- Loan Amount: 1.In case of Bullete repayment up to 75% of gold value up to 2.20 Lakh
2.In Case Of EMI repayment up to 75% of gold value or up tp Exposer limit of the Bank
- Interest Rate: Starting from 9.5% for farmer & 10.00% for other individual
- Security: Gold ornaments
- Maximum Loan Period: 1 Year
- Gold valuation based on approved jeweler assessment and market rates
Purpose of Gold Loan
The Gold Loan facility can be used for:
- Medical emergencies
- Education expenses
- Business needs
- Agricultural requirements
- Household expenses
- Personal financial requirements
Eligibility
- Salaried Individuals
- Business Owners
- Farmers
- Self-employed Professionals
- Individuals owning eligible gold ornaments
Documents Required
- Aadhaar Card / PAN Card
- Address proof
- Passport-size photographs
- KYC documents as per bank norms
- Ownership declaration of gold ornaments (if required)
Apply Today
Visit your nearest branch of Valmiki Urban Co-Op Bank Ltd and unlock the value of your gold with a safe and hassle-free Gold Loan facility.
