Why Greater Bank

The Greater Bombay Co-operative Bank Ltd. presents "Loan Against Gold Ornaments", a scheme designed to provide liquidity against gold ornaments without having to sell them. Gold ornaments lying idle can be put to productive use by availing the Greater Bank's Gold Loan.

  • Attractive interest rates
  • Higher per Gram Rate on Gold.
  • Simplified and minimal documentation
  • Quick Disbursement
  • Avail Gold Loan from Rs.10,000 to Rs.1.50 Crores
  • Your Gold is Safe with Us in Our Bank Vaults
  • Loan Tenure :
    • Minimum 3 Months
    • Maximum 12 Months

Interest Rates

  • Attractive Interest Rate Starting From 8.00%**
    ** T&C Apply
  • Interest Rate :
    • Minimum 8%
    • Maximum 12%

KYC Documents Required

  • PAN Card / Form 60
  • Aadhar Card (mandatory)
  • Passport Size Photographs

Charges Applicable

  • Processing Fees :
    • 0.50% of Sanction Amount + GST
  • Foreclosure Charges :
    • 1% of Sanction amount + GST before 3 Months for 12 months tenure loan
    • 2% of Sanction amount + GST before 3 Months for 3 months tenure loan
  • Valuation Fees :
    • Minimum Rs.250
    • Maximum Rs.2000
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