Range of products with a wide choice of interest rate,
Loan to Value (LTV) loan tenor, interest payment frequency;
Branches set up in remote rural regions, where Gold
Loans penetration is almost negligible;
Superior infrastructure with Security Alarm Systems, CC
Cameras and Control Centre at HO having digital key for the Vaults in Branches;
Excellent customer experience with quick service
No restrictions on Pledge release and partial release of
Gold is possible;
Over Rs.6Cr portfolio built at Branch level in a short
span of six months;
Checks and controls built at the Branch level with Sales
Team not involved in Gold Appraisal;
Internal Auditor visiting Branches twice a week;
Interest rate ranges from 1% pm to 2%.
Loan tenor ranging from 3 months to 12 months
LTV Ranging from 60% t 75%
Loan Size starting with Rs.1K to 1Cr
MSME Loans
Targeting Low income and middle-income households;
Target segment includes daily wage laborers, skilled
labour, factory workers, private employees, small business owners, small and marginal farmers,
tenant farmers and Class IV Government Employees
Unsecured Individual loans up to Rs.2L
Loan Size ranges from Rs.50K to Rs.2L
Loan tenor – 1 to 2 years
No drudgery of dealing with the Group and attending
centre meetings;
Loan is sanctioned on the basis of cashflows and Loan
repayment track record
25% rejection rate eliminating Borrowers, who have no
repayment capacity
Centralized Credit decisioning
Bureau check is done for all earning members in the
household
Focus on rural areas, where NBFC penetration is low;
Quick turn around time
Loan Against Property
Loan Size ranges from Rs.2.5L to 25L
Loans are Secured by hard collateral – residential or commercial property
Loan Tenor ranges from 2 years to 6 years
Loan is disbursed in less than a week’s time
JLG Loans
Branches in Tribal areas of West Godavari District with no MFI presence;