Loan Facility

Sonetaran Loan

In our daily life, sometimes we suddenly face some financial difficulties. So, in such a difficult financial situation, pledge your gold with the institution and get a loan in just half an hour, that too with minimal documents and at a very low interest rate.

Interest rate : 12%


Features/Benefits
  • Immediate loan facility at branch level
  • There is no fee for prepayment of loan.
  • Loan limit is 75% to 85% of the gold valuation or a maximum of Rs. 2500000/- whichever is less.
  • The loan repayment period is 12 months, and you can pay the loan amount any number of times a month.
Eligibility
  • The applicant must be a member of the organization.
  • Must have sufficient income to repay the loan.
  • The gold ornaments being pledged by the applicant must be his/her own property.
Required documents
  • Updated photograph of the applicant.
  • Applicant's Aadhar card, PAN card, E. Xerox.
  • Gold purchase receipts required.
  • A letter of guarantee stating that the gold belongs to oneself or family members.
  • If there is a female, her consent letter must be available.
  • It is necessary to obtain a gold valuation certificate from the organization's authorized valuer.

Interest rate : 12%


Features/Benefits
  • Immediate loan facility at branch level
  • There is no fee for prepayment of loan.
  • Loan limit 90% of the gold valuation sanctioned amount or maximum Rs. 2500000/- whichever is less.
  • The loan repayment period is 12 months, and you can pay the loan amount any number of times a month.
Eligibility
  • The applicant must be a member of the organization.
  • Must have sufficient income to repay the loan.
  • The gold ornaments being pledged by the applicant must be his/her own property.
Required documents
  • Updated photograph of the applicant.
  • Applicant's Aadhar card, PAN card, E. Xerox.
  • Gold purchase receipts required.
  • A letter of guarantee stating that the gold belongs to oneself or family members.
  • If there is a female, her consent letter must be available.
  • It is necessary to obtain a gold valuation certificate from the organization's authorized appraiser.

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