OVER DRAFT AGAINST GOLD ORNAMENTS (Swarna Nidhi)

Eligibility Individual with proper KYC. The scheme can be encouraged to traders, contractors, petrol bunk owners and professional self-employed people.
Purpose To meet domestic and other purposes.
Loan Amount Eligibility per gram as per HO guide lines issued from time to time or 70% of value of gold ornaments, whichever is less with a maximum of Rs.50.00 lakhs.
Rate of interest Click Here
Repayment One year and interest is to be paid as and when debited and renewable every year.