Features
- Target Group : All
- Purpose : To meet urgent cash short requirements
- Disbursement : 50 % of the market value of previous day
- Period : One year
- Recovery : Gold value is observed every 15 days, if rate is decrease then calls for short fall amount. If party is not able to deposit the shortfall amount within 15 days from the call date, Finance Company will call auction notice for the sell of gold.
- Collateral : Gold or gold ornaments
- Interest Rate : As per prescribed by the Finance Company
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