IB Loan against Sovereign Gold Bond
|Purpose||For any bankable purpose|
|Quantum of loan||70% of the average market price of 24 carat gold for the preceding 30 days as quoted by the India Bullion and Jewellers Association Ltd.
· Minimum loan amount Rs.25000.00
· Maximum no limit.
|Repayment Period||1 year (Bullet payment along with interest at the end of the term)|
|Interest Rate||Click here|
|Processing Fee||Click here|
|Security||Pledge of the Sovereign Gold Bond|
|Documents required||Original Sovereign Gold Certificate (Holding certificate)|
( Last modified on Apr 16, 2022 at 12:04:56 PM )