Eligibility | Member / Nominal member of the bank. |
---|---|
Purpose | Personal exigencies/Agriculture (Not for speculation). |
Amount | |
Margin | - 25% of the value as assessed by the bank's approved Jeweller on the basis of weight, fineness, and prevailing market rate etc. - Maximum Amount Rs.100 Lac |
Repayment | - For agriculture purpose: Depending upon harvesting season or Maximum one year whichever is earlier. - For other purposes: Monthly/Quarterly equated installments / maximum period of Five years. - Interest shall be collected promptly. |
The Malad Sahakari Sahakari Bank Ltd is registered with DICGC
(https://www.dicgc.org.in)