Terms & Conditions to avail Online Gold Loan at attractive interest rate rebate of 1% to 14.10%

OGL SPECIAL REBATE SCHEME

 
Applicable Schemes SX/PL/BL Scheme
LTV Maximum LTV
Loan Tenure 90 Days
 

Normal Interest Rates applicable for PL/SX/BL Schemes are mentioned below;

Particulars Kerala Regions Tamilnadu State, A&N and Pondicherry Karnataka, Telangana, AP, J&K, Chandigarh, Punjab, Gujarat, Goa & Delhi *Tier 1 branches in Northern states Northern branches other than *Tier 1 branches All States
Applicable Scheme PL SX SX SX SX BL (Minimum Loan Value 50 Lakhs)
0- 30 days 20.50% p.a. 25.00% p.a. 25.50% p.a. 25.50% p.a. 26.50% p.a. 24.00%p.a. (0-90 Days)
31-60 Days 27.50% p.a. 27.50% p.a. 27.50% p.a. 27.50% p.a. 27.50% p.a
61-90 Days 29.00% p.a 29.00% p.a. 29.00% p.a. 29.00% p.a. 29.00% p.a.
*Tier 1 Branches
 

Interest Rate Rebate of 1% to 14.10%

OGL registered customers will get attractive interest rate rebate by repledging via online mode in BL/PL/SX schemes based on the repledge frequency as follows:

    a. 4 repledges in every 15 days from the inventory created date - 10% interest Rebate (PL-8.5%, BL-14.10%)
    b. 3 repledges in every 15 days from the inventory created date - 6% interest Rebate (PL-5.5%)
    c. 2 repledges in every 15 days from the inventory created date - 4% interest Rebate (PL-2.5%)
    d. 2 repledge in every 30 days from the inventory created date (1st repledge in 1-15 days & next repledge in 16-30 days) - 2% interest Rebate (PL-1.5%)
    e. 1 repledge in every 30 days from the inventory created date - 1% interest Rebate


Other Conditions applicable to OGL Special Rebate Scheme (SX/PL/BL)