Gold Loan

There's hardly any investment on earth more worthy and profitable than gold. If it's traditional use is to adorn our physical selves, then today it is mostly used to adorn our lives as a security for cash. Gold loans are among the most accepted assets today for quick cash. Especially in countries like India where people need cash for rolling purposes, gold loans can be of great help.

The Thalassery Co-Operative Rural Bank has introduced for our dear customers a special gold loan scheme called City Gold. As per this scheme, gold loans are given for both agricultural and non-agricultural purposes. The highlight of the scheme is that these loans are given at very low interest rates so as to encourage sectors like farming and small trading enterprises. These can be of significant benefit to people whose re-payment capacities would not be so good.

Our specialty of gold loan

We provide maximum amount of loan/gram in the industry. Currently loan to value (LTV) is up to 80%.

Charging interest only for loan availed days.

If you wish to avail a loan for one day, we will charge interest only for one day

Interest Rebate: You are eligible for interest rebate when you make interest payment/renewal of the loan on time and as specified by the company.

Online Repayment facility is available

You may avail maximum amount/gram in lower interest rate which is the best in the industry.

Personalized service to all the customers.

Terms & conditions:-

  • LOAN AMOUNT WILL BE 75% OF THE ASSET VALUE
  • MAXIMUM LOAN REPAYMENT TENURE CAN BE 24 MONTHS
  • LOAN AMOUNT WILL BE BASED ON THE VALUATION DONE BY THE VALUER
  • VALUER FEES WILL BE BORNE BY CUSTOMER BUT IN CASE IF DEAL GETS MATURED VALUER FEES WILL BE BORNE BY COMPANY
  • VALUER FEES WILL BE BORNE BY CUSTOMER BUT IN CASE IF DEAL GETS MATURED VALUER FEES WILL BE BORNE BY COMPANY
  • IF THE ASSET BILLS ARE AVAILABLE 1 % REBATE WILL BE GIVEN
  • INTEREST NEED TO BE PAID ON OR BEFORE THE DUE DATE FAILING WHICH INTEREST WILL BE INCRESED BY .75 %
  • INTEREST WILL INCRESE IN SAME FASHION