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Gold loan are instant loans raised against pledging of one’s own gold at a preapproved percentage of market value
SICL Gold loan is specially packed exotic products for our valuable customers to meet their various needs be it personal or business.
We at SICL provide Gold loan facility at all our branches instantly. We have various schemes customized and tailor made for your needs.
(With Effective From 1st April 2024)
Loan Tenure | Slab | Basic Interest Rate | LTV | Loan Amount | Processing Fee |
---|---|---|---|---|---|
6 Months | 0-60 Days 61-120 Days 120-180 Days | 18% 26% 34% | 75% | 5000 – 200000 | Up to 50K – RS.20/- 50000 – 100000 Rs.40/- |
Above 180 days | 36% | 100000 – 150000 Rs.100/- | |||
150000 – 200000 Rs.100/- |
(With Effective From 1st April 2024)
Loan Tenure | Slab | Basic Interest Rate | LTV | Loan Amount | Charges and Fees |
---|---|---|---|---|---|
12 Months | 1 – 12 Months | 24% | 75% | 50000 – 200000 | Processing Fee – 1% of the loan amount |
24 Months | 1-24 Months | 30% | 75% | 50000 – 200000 | Preclosure Charges 5% |
36 Months | 1 – 36 Months | 36% | 50000 – 200000 |
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