Hi I am interested in having the details of the Gold loan which is offered by the Union Bank of India including the rate of Interest?

Union Gold Loan gives substitute wellspring of acknowledge to penniless ranchers and in addition people.

Qualification:-

All people are qualified to profit advance under this plan.

Quantum of credit:-

Need division - Need based/Project based.

Utilization credit - Up to Rs.2, 000/ - .

Non-need division - Up to Rs.4.00 lakh. Authorized by Branch Head according to their designated force and greatest up to Rs.10.00 lakh endorsed by RLCC

Loaning Rate:-

The loaning rate of the Union Gold plan is Rs.1800 per gram of gold trimmings of 22 carats or 80% of assessed estimation of gold, whichever is less, subject to periodical amendment by the Bank on the premise of gold cost.

Rate of Interest:-