SME Gold Loan - Business
SME Gold Loan
Features
- Target Group & Eligibility:
- Existing MSME Units (Proprietorship Firm only), both borrowing & non-borrowing units of our Bank, who want to avail loan against Gold Ornaments/ Jewellery.
- Unit/ Shop shall be with running activity
- Account should not be in NPA status
- Nature of Facility: Overdraft (OD) / Demand Loan (DL)
- Quantum of loan:
- Minimum: > Rs. 1 lakh
- Maximum: Rs. 50 lakh
- Subject to not exceeding advance value of Gold
- Pricing (linked to EBLR) : EBLR + 0.60%
- Repayment Period: Overdraft & Demand Loan: Max. 12 months.
- Processing Fee:
- Up to Rs. 10 lacs: Rs. 500 plus applicable taxes
- Above Rs. 10 lacs: Rs. 1000 plus applicable taxes
- Pre-Payment Penalty: Nil
Last Updated On : Thursday, 14-07-2022

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
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Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above