Digital Gold and Silver Personal Loan:

• Purpose: Any purpose other than speculation
• Minimum Loan Amount: Rs. 50,000/-
• Maximum Loan Amount:
  Gold: Rs. 20,00,000/-
  Silver: Rs. 15,00,000/-
• Processing Charges:
  Gold: NIL Processing Fee.
  Silver: 1.00% of Loan Amount + GST
  Minimum: Rs. 1,000.00 + GST
  Maximum: Rs. 10,000.00 + GST
• Repayment Tenure:
  Gold: 12 months to 84 months
  Silver: 12 months to 72 months
• Age Criteria:
  Minimum: 21 Years
  Maximum age at the end of tenure: 58 Years

Gold: Employees of Central /State Govt. /Autonomous Bodies /Public / Joint Sector Undertakings /Listed Public Limited Co. having external rating ‘A’ & above and Educational Institutes of National Repute having salary account with our Bank and continuous service of at least 1 Year.

Silver: Employees of Central /State Govt. /Autonomous Bodies /Public / Joint Sector Undertakings /Listed Public Limited Co. having external rating ‘A’ & above and Educational Institutes of National Repute having salary account with other Bank and continuous service of at least 1 Year.

• Valid Mobile number & PAN Number.
• Aadhar number for procurement of OTP for E-Stamping & E Sign.
• Net Banking Credentials or Digital Salary Account Statement of applicant for the last 6 months period.

• Both Floating and Fixed ROI is available, concessional ROI for select borrowers, Pricing varies with Cibil.
• Processing Charges:
  Gold: NIL Processing Fee.
  Silver: 1.00% of Loan Amount + GST
  Minimum: Rs. 1000.00 + GST
  Maximum: Rs. 10000.00 + GST
• Stamp Duty: As per State Stamp Act.
• Penal Charges:
  1. Penal Charges at 2% p.a. will be charged on the amount of default for delayed payment of dues including Principal, interest, service charges etc.
     
     Note: Penal Charges will be applied solely to overdue payments (instalments and/or interest/service charges etc.), for the period they remain unpaid beyond their due date. Penal Charges will be calculated based on the actual number of days of default but will be debited on monthly basis.
  2. Penal Charges @ 2% p.a. will be charged on the outstanding balance of credit facilities of borrower for the default period for following nature of non-compliance:
     1. Non-Submission of documents as per sanction terms.
     2. Non-compliance in security perfection as per sanction terms.
     3. Any other breaches/non-compliance in material terms of sanction.

• Loan Limit:
  Minimum: Rs. 50,000/-
  Maximum:
  Gold: Rs. 20,00,000/-
  Silver: Rs. 15,00,000/-
• Repayment Tenure:
  Gold: 12 months to 84 months
  Silver: 12 months to 72 months
• Age:
  Minimum: 21 Years
  Maximum age at the end of tenure: 58 Years
• Pre-Payment/ Pre Closure Charges:
  Floating ROI: NIL
  
  Fixed ROI: Any prepayment of EMIs in full or part and closure of account before the end of term will attract the prepayment charges of 3% + GST on prepaid amount after paying of one EMI. No prepayment charges after 36 months or account is closed from the proceeds of a new loan account (under personal loan scheme) availed from our Bank or demise of the borrower.
• FOIR:
  Gold: Flat FOIR of 75% on the Net Monthly Income.
  Silver: Minimum Net Monthly Income (NMI) of Rs. 35,000.00 and above (Average of last 3 months).
  
  

  Income Range	FOIR
  NMI of Rs. 35,000.00 to Rs. 50,000.00	50% of NMI
  NMI of Rs. 50,001.00 to Rs. 1,00,000.00	65% of NMI
  NMI above Rs. 1,00,000.00	70% of NMI