Gold loan General

(80% of market value)

Max.loan amount

25 lakhs per individual per day

Cir No.35/2022 dtd:30.03.22    

w.e.f. 01.04.22

Min interest Rs.25 for loans above Rs.5000/-

Upto & including Rs.20000/-

6.75%

Rs.20001 to Rs.30000

8.50%

Above Rs.30000 upto &  including Rs.25 lakhs

8.00%

Default Rate

3 months to 6 months

8.25%

6 months to 9 months

8.5%

9 months to 1 year

8.75%

Above 1 year

9%

Janamithram gold loan           (90% of market value)period of 1 year & yearly diminishing with EMI

Max.loan amount

10 lakhs per day

Cir No. 32/2020 dtd:29.05.20 ,                Cir.No. 90/2021    dtd:30.11.21

w.e.f. 01.12.21

Upto 1000,000/-

4.90%

Default Rate

After 1 yr

12.00%

Ajayya Gold Loan         

(for Women)

Max.loan amount

25000

Cir No.05/2022 dtd:12.01.22,       

w.e.f. 14.01.22 to 31.03.22

Upto 25000/-

(Max. 1 Year)

5.00%