| Ready Cash Against Gold* |
 |
Rate of mark-up 1Yr KIBOR + 5%. |
|
Financing against each 10 grams of net contents of gold as follows:
For One Year Financing Rs. 70,000/
For Three Year Financing Rs. 65,000/
|
|
Maximum Limit upto Rs. 7,000,000/- |
|
Repayment after one year / Three Years |
|
No minimum income requirement |
|
One year Rollover tenure |
|
Only gold
ornaments acceptable |
|
Weight
and quality of gold to be determined by NBP's appointed schroffs
|
|
No penalty
for early repayment |
|
For education, marriage, consumer and other domestic needs |
