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Co-Operative Bank
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Gold Loan

Flexible Loans • Easy EMIs • Trusted Banking Partner

Gold Loan - Product Description

Purpose: Meet short-term financial needs using gold ornaments

Loan Amount: Based on purity & weight of gold

Maximum Loan: Up to 90% of gold value

Tenure: 1 Year

Security: Gold ornaments pledged with the bank

Benefits

• Quick loan disbursal

• Lower interest rates compared to personal loans

• Safe & secure storage of gold

• Flexible repayment options

• No income proof required in most cases

Eligibility

• Individuals owning gold ornaments

• Minimum Age: 18 Years

• Gold should be of acceptable purity

Rate of Interest

• Rate of Interest: 10%

Documents Required

• Identity Proof

• Address Proof

• Passport size photographs

Terms & Conditions

• Gold valuation as per bank norms

• Timely repayment mandatory to avoid auction

• Loan subject to bank policies & RBI guidelines

How To Apply

01
Fill Application Form

Submit your basic personal, income and property details online.

02
Document Submission

Upload or submit required KYC, income and property documents.

03
Verification & Approval

Bank will verify details and approve loan as per eligibility.

04
Loan Disbursement

Loan amount is disbursed directly to your account or builder.