Gold Loan
Gold Loan
Turn your gold into a valuable resource with Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd Gold Loans. Whether you need quick funds for emergencies or want to leverage your gold assets without parting with them, our hassle-free loan options and competitive terms empower you to unlock the financial potential of your precious jewelry or ornaments.
Eligibility
- Any individual with jewellery and steady source of income (No proof of income required)
- Existing as well as new customer whose willingness to open account with us
Gold Loan
Turn your gold into a valuable resource with Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd Gold Loans. Whether you need quick funds for emergencies or want to leverage your gold assets without parting with them, our hassle-free loan options and competitive terms empower you to unlock the financial potential of your precious jewelry or ornaments.
Eligibility
- Any individual with jewellery and steady source of income (No proof of income required)
- Existing as well as new customer whose willingness to open account with us
Features & Benefits
Maximum Loan Amount - Rs. 30 lakh
High per gram value
Low interest rates
ZERO Processing charges
- Quantum of Loan: 75% of market value of the Jewels pledged or per gram advance value of Jewels, whichever is lower.
- Maximum Loan Amount - Rs. 30 lakh and Minimum amount of Rs. 10,000/-
- Margin - 10%* on appraised value of Gold ornaments.
- Bullet Repayment (Normal Gold loans) available up to Rs.2.00 lakh i.e., entire loan amount is repayable at the end of period along with interest. (Repayment period is 12 months)
- Commercial gold loan available up to Rs.40.00 lakh per individual. Repayment period is 6 months
- Agri/Farm Gold loan available up to Rs.10.00 lakh. (Term loan only)
Rate of Interest
- Normal Gold loan upto Rs. 1.00 lakh – 8.0%
- Normal gold loan from Rs. 1.00 lakh upto 2.00 lakh – 8.5%
- Normal gold SOD loans upto 1.00 lakh – 8.0%
- Normal gold SOD loan from Rs. 1.00 lakh upto 2.00 lakh – 8.50%
- Commercial Gold loans upto 5.00 lakh – 9.0%
- Commercial Gold SOD upto 5.00 lakh – 9.5%
- Commercial Gold SOD above 5.00 lakh – 10.0%
Unlock Financial Possibilities with Our Gold Loan Services.
Welcome to Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd Your Trusted Partner in Financial Solutions
Why Choose Us?
Convenience at Your Doorstep:We understand the value of your time. Our services are designed to be convenient, and we bring the application process to your doorstep.
Fast and Secure Process:Our gold loan process is faster and more secure compared to other organizations. We prioritize efficiency without compromising on security.
Respected and Trusted:As one of the leading quasi banks in and around Rajahmundry, we take pride in our reputation for trustworthiness and reliability.
Gold Loan Highlights:
Highest Value on Gold:Unlock the maximum value for your gold, with rates going up to Rs. 3400/- per gram.
Attractive Interest Rate:Benefit from competitive and attractive interest rates, ensuring that you get the best value for your loan.
Zero Processing Fee:Enjoy the advantage of a 0% processing fee, making our gold loan even more cost-effective.
Fast Loan Approval:Experience a swift and efficient loan approval process, ensuring that you get the funds you need when you need them.
Easy Payment Methods:
We offer flexible and convenient payment methods, allowing you to choose the option that suits your financial preferences.
No Penalty for Prepayments:
Take control of your financial journey without worrying about penalty fees. We believe in empowering you to manage your finances effectively.
How to Apply:
Applying for a gold loan with us is simple and hassle-free. Contact our team, and we’ll guide you through the easy application process.
Whether you’re looking for quick funds, attractive interest rates, or a reliable financial partner, Sri Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd is here to meet your needs. Apply for a gold loan today and unlock a world of financial possibilities.
