Get Loan Against Gold in India at Limra Mutually Aided Cooperative Thrift & Credit Society LTD.
Let the gold add glitter to your life. Unlock the value of your gold while you
continue to own it.
Limra Mutually Aided Cooperative Thrift & Credit Society LTD. designed to provide
liquidity against gold and
gold Jewelers without having to sell them. Let your gold help you bring the golden
period in life...s
Features & Benefits-
- Avail Loan upto Rs. 2,00,000 & upto 85% of value
- Hassle-free quick processing of loans
- Minimum documentation and quick disbursal
- Simplified Paperwork.
- Easy Payment options.
- ATL - Anytime Liquidity
- No EMI, Service only Interest and enjoy the Loan facility
Terms & Conditions:-
- The rate of interest will be @ 1.5% to 2.5% per month.
- Avail loan amount ranging from Rs. 1000 to Rs. 2, 00,000.
- The valuation of the gold ornaments will be done by jeevan jyoti Credit Co-operative Society through authorized value, and the cost of valuation will be borne by borrower.
- Two colored photographs of gold ornaments are required.
- Two colored photographs of borrower and his/her ID proof are required.
- The loan interest will be paid on monthly basis.
- In case of nonpayment of interest for 12 months, the Gold ornaments will be sold by Limra Mutually Aided Cooperative Thrift & Credit Society LTD..
- The expenditure on sale of Gold ornaments plus due loan amount and 5% penalty rest on due amount interest will be deducted and balance amount will be deposited in to loan account.
- The borrower has to provide an affidavit declaring the ownership of the ornaments.
- In case the borrower does not pay the interest a penalty of 5% has to be paid along with next interest installment.