Hello, here I am providing you the details of the gold rush loan of the South Indian Bank as under:

Minimum amount of advance:
Rs.10,000/-

Max Quantum of loan –
Rs. 500 lacs

Period of Advance:
12 months.

Cutoff date for redemption/auction:
13 months.

Interest rate:
DOMESTIC RATE OF INTEREST - GENERAL
BASE RATE (BR)
10.00% (w.e.f 11.11.2015)

Minimum Interest:
Minimum for 5 days or Rs. 50/- whichever is higher

Handling Charges:
Nil

Other gold loans of the South Indian bank:
Gold Power –
Overdraft Against Pledge of Gold

Gold Loan Monthly Interest –
To meet the customer personal requirement

Gold Max –
To meet the customer personal requirement

Gold Max Plus –
For meeting personal/family/business/ finance requirements/other unforeseen requirements

Swarnanidhi –
For meeting personal/family/business/ finance requirements