Loan Against Jewelry

Let the gold add glitter to your life. Unlock the value of your gold while you continue to own it.

Features & Benefits-

• Avail Loan upto Rs. 2,00,000 & upto 85% of value (as per the Valuer).
• Hassle-free quick processing of loans.
• Minimum documentation and quick disbursal.
• Simplified Paperwork.
• Easy Payment options.
• ATL - Anytime Liquidity.
• No EMI, Service only Interest and enjoy the Loan facility.

Terms & Conditions:-

• The rate of interest will be @ 1.5% to 2.5% per month.
• Avail loan amount ranging from Rs. 1000 to Rs. 2,00,000.
• The valuation of the gold ornaments will be done by the SEVADHAN NIDHI LIMITED (SDNL) through authorized valuer, and the cost of valuation will be borne by borrower.
• Two colored photographs of gold ornaments are required.
• Two colored photographs of borrower and his/her ID proof are required.
• The loan interest will be paid on monthly basis.
• In case of nonpayment of interest for 4 months, the Gold ornaments will be sold by SEVADHAN NIDHI LIMITED (SDNL).
• The expenditure on sale of Gold ornaments plus due loan amount and 5% penalty rest on due amount interest will be deducted and balance amount will be deposited in to loan account.
• The borrower has to provide an affidavit declaring the ownership of the ornaments.
• In case the borrower does not pay the interest a penalty of 5% has to be paid along with next interest installment.