Industrial Loan

A gold loan from Mahaveer Bank allows you to realize the full potential of your idle gold. With minimum documentation, rapid payout, and 100% gold security, the Mahaveer Gold Loan is the simplest and quickest option to obtain cash for your immediate personal and commercial needs. We provide loans as little as INR 10,000 with reasonable interest rates. Visit us to discover more about our Gold Loans and experience speedy loan disbursement.

Key Benefits

FEATURES BENEFITS
Convenience
  • Avail Gold loans as low as INR 10,000 and enjoy flexible repayment options
  • Avail instant cash upto INR 2 lakh
  • Repay loans with quarterly, half-yearly and yearly bullet loans
High Per Gram Rates
  • Get more loan amount with the same quantity of gold. We offer one of the highest per gram rates.
Instant Disbursements
  • Enjoy Gold Loan in the quickest time
  • Both Cash Disbursements (upto INR 2 lakh) and Funds Transfer options are available
Safety of your Ornaments
  • Gold that is pledged is kept safely in our Bank Vault
Attractive Interest Rates
  • Enjoy Gold Loans at attractive rates
Transparent Pricing
  • No hidden charges
  • All our Gold loan rates and charges are communicated to the customer in writing

Eligibility Criteria

Indian Citizens aged from 18 to 79 years

How to Apply

  • Visit the nearest branch to learn more about our gold loan offering.
  • You can also contact us, and our customer care executive will explain to you our gold loan offering.

Required Documents

  • Primary ID: Aadhaar
  • Secondary ID: PAN card or Form 60
  • In case of the non-availability of the PAN card, the customer needs to submit Form 60 along with one of the following OVDs (officially valid documents).
    • Passport
    • Voter ID card
    • Driving licence
    • NREGA (National Rural Employment Guarantee Act)
    • A letter issued by the National Population Register containing details of name and address
  • Residence Proof:
    • Any of the valid KYC documents
    • Utility bill (not more than 60 days old)

For terms and conditions, please contact the nearest Mahaveer Bank branch.

Loan Quantum Per gram - Rs. 1300/- OF PURITY
Rate of Interest Upto 6 months - 13% ( On Actual Diminishing Balance)
Rate of Interest Above 6 months - 15% ( On Actual Diminishing Balance)
  • Share Linkage - 5 Shares of Rs. 100/- each.
  • Part Delivery of articles pledged can be availed by paying loan portion and interest of such article.
  • Appraiser Charges – 0.15% of loan amount and Minimum Rs. 30/-
%

Loan EMI

Total Interest Payable

Total Payment
(Principal + Interest)

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Contact Us 91547 55843