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April 6th, 2013, 01:15 PM
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Indian Overseas Bank Gold Loan
Would you provide me the details for the Indian Overseas Bank Gold Loan? Indian Overseas Bank offered the Agricultural Jewel Loans or Gold Loan facilities. Agricultural Jewel Loans This is a package calculated for farmers to avail loan for Agricultural purpose next to security of their gold jewellery. Eligibility: Individual farmers who own jewels and are engaged in Agricultural activities are eligible. Quantum of Loan: You can contact our nearest branches for per gram rate of advance against gold ornaments. Rate of Interest: Interest will be, a) For loans up to Rs. 3 lacs : Base Rate +0.75 (before interest subvention) b) For loans above 3 lacs : Base Rate +3. Security Pledge of gold jewellery Last edited by Neelurk; February 10th, 2020 at 02:15 PM. |
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