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February 8th, 2016, 11:04 AM
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Join Date: Mar 2012
Gold Loan in Lakshmi Vilas Bank

I want to take Gold Loan from Lakshmi Vilas Bank and for that I want to get the details so can you provide me that as it is very urgent for me?

As you want to get the details of Gold Loan of Lakshmi Vilas Bank so here is the information of the same for you:

Type of facility
The product is available as Overdraft against pledge of gold jewels.

Quantum
Minimum: Rs.0.50 Lacs. Maximum: Rs.5.00 to 50.00 Lacs.
Based on the advance value per gram of gold as fixed by the Bank from time to time in respect of jewel advances and due appraisal by the Bank appraiser.

Security
Pledge of gold ornaments.

Interest Rates
Agri. Purpose : Base Rate + 1.00% (PER: 11.70% p.a.)
Non-Agri. Purpose : Base Rate + 2.25% (PER: 12.95% p.a.)

Repayment Period
Continuation of facility based on annual review

Loan processing fee
0.50% of the limit sanctioned, subject to a minimum of Rs.100/-.

Delivery Channel
All branches extending jewel advances

Interest Chart:

(Screen Shot)

Lakshmi Vilas Bank

Contact Details:
Lakshmi Vilas Bank
GF: 8-9-10, Tolstoy House
15-17, Tolstoy Marg,
Janpath
HC Mathur Lane
New Delhi,
Delhi 110001
India


Last edited by Neelurk; April 10th, 2020 at 09:01 AM.
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