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June 20th, 2016, 11:43 AM
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Gold Loan Interest Rates In Oriental Bank Of Commerce
Hii sir, I wants to apply for the Gold loan in the Oriental Bank Of Commerce will you please provide me the Interest rates of the Gold loan in the Oriental Bank Of Commerce ? Oriental Bank of Commerce is an India-based bank established in Lahore, is one of the public sector banks in India. the details of the Gold loan of the Oriental Bank of Commerce is given below : Eligibility All individual / proprietors borrowers Loan Limit For non-agriculture purpose : Max- Rs. 50.00 Lacs per borrower For agriculture purpose : Max- Rs. 10.00 Lacs per borrower Margin: For Non-Agricultural Purposes: 30% For Agricultural Purposes : a) For Demand Loan/ OD: 25% against value of gold ornaments offered as security as assessed / appraised by the approved valuer. b) For Term Loan: 50% Interest rates ) Upto Rs. 0.25 lacs - NIL b) Above Rs. 0.25 lacs & Upto Rs. 2.00 Lacs - 1% b) Above Rs.2.00 lacs - 2% c) No prepayment penalty for more details visit to the nearest branch of the Oriental bank of Commerce Last edited by Neelurk; March 30th, 2020 at 08:44 AM. |
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