Godavari Urban Multistate Credit Co.- Op. Society Ltd; Nanded

EMI

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Features of gold loan

Gold loans are secured loans where gold jewellery is used as collateral.

Tenure of 1 year

Minimal documentation

ROI 13%

Aspects

Hassle-free Loan Processing.
Quick disbursal.
Minimal documentation.
No guarantors.
Gold security.
Maximum loan limit is 60% of gold valuation.
Maximum loan tenure is 1 year.
Pre-Payment Penalty : 2% Penalty charges.

ROI & Handling Charges

Rate of Interest is 13%.
Processing Fees : 1%
No Handling Charges.

Eligibility

The applicant must be true owner of the gold ornaments and jewellery to be pledged with the bank.
Age = 18 to 70 years.
Purity of gold is between 18 to 24 karats.

Documentation & Security

In case of new customer, applicant & guarantors need to open savings / current account
Gold purchased slip.
Duly filled form with :
- Residential Proof of Applicant
- PAN Card of Applicant
- KYC of Applicant

Share Holdings

Nominal membership.

Need Help?

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+91 777 5005 777

GODAVARI URBAN MULTISTATE CREDIT CO-OPERATIVE SOCIETY LTD, NANDED is an autonomous association of people united voluntarily to meet their Mutually Social, Economical, Cultural, Professional and Personal Aspirations.