Now let your gold help you bring the golden period in life...
Axis Bank's POWER GOLD LOAN gives you easy loans against your gold ornaments.
- Higher limits per gram of gold
- Attractive interest rates
- Minimum documentation and quick disbursal
- Convenient repayment schedule
Individuals engaged in agriculture or allied agricultural activities.
- Minimum : Rs 25,000/-
- Maximum : Rs 20,00,000/-
- For Loans up to Rs 50,000: By Cash/Crossed pay order/Remittance into borrower's savings account.
- For Loans exceeding Rs 50,000: By Crossed pay order/Remittance into borrower's savings account.
Repayment of the loan
Repayment period will not exceed 12 months.
- Primary - Nil
- Collateral - Pledge of gold ornaments
- Application form by the borrower.
- Demand Promissory Note.
- Proof of agricultural or allied activity, if the loan amount exceeds Rs 3,00,000 (copy of land records, land revenue tax receipts, certificate from village council/panchayat regarding agricultural/allied agricultural activities, etc).
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