Title Norms
Scheme Name
  1. “Mauli Gold Loan Scheme-2019”
Purpose
  1. For Purchasing Gold
Limit of loan
  1. Maximum Loan up to  Rs. 25 Lac.
Repayment Period
  1. One Year(Renewable every year).
Rate of Interest
  1. Mahila upto 2 Lac @11% & General upto 2 Lac @ 11.5%.
  2. Mahila above 2 Lac @11.5% & General above 2 Lac @12%.
Valuation of Gold
  1. Market Rate Minus Rs. 3000/-
Margin
  1. 20% on Market Rate Minus Rs. 3000/- or 25000/- whichever is higher .
Share
  1. Borrower :- Rs1236/-.
  2. Guarantor Rs 112/-.
Processing fee
  1. Only Valuer Charges For First Year.
  2. 1% Renewal every Year..
Interest Recovery
  1. Interest to be Recover every Month .