Providing all banking facilities at a single platform.
To apply for the scheme for advance against Gold Jewellery/ Gold Ornaments Click here
Existing Customer of Bank
NTB customer (who are new to Bank)
To meet the short-term production/investment credit for:
Crop Production
Land based activity other than crop production
Allied agriculture activity
Repayment of loan taken from non-institutional lenders
Pledge of Gold Jewellery / Ornaments / Coins.
No loan to be sanctioned against bullion, primary/ smuggled gold.
In case of ornaments with jewel fittings, infilling, net weight as certified by assessor shall be considered for determination of quantum of loan.
Up to Rs.50000 – NIL
Above Rs.50000 upto Rs.2.00 lakh – Rs.500 +GST.
Above 2 Lakh -0.25% of the loan amount +GST (Maximum upto Rs. 5000 + GST)
Applicable Gold Appraiser Fee should be borne by the customer. The valuer will be paid Rs. 3/- per thousand with maximum Rs.500/-.