Gold Loan facility is available under 3 schemes:
1. Bullet Scheme: The tenure is for 12 Months (can be renewed for more 24 Months with the same document along with a request letter etc.). Interest Payment can be quarterly /Half yearly and Yearly.
2. Vanilla Scheme: The tenure is for 36 months. No renewal is required during the tenure with monthly interest.
3. EMI Scheme: The tenure is for 12,24,36,48 months.
4. Over Draft facility is temporary withdrawn, kindly contact the Branch for further details.