Phone: 0674-2353029 | Email: ogbho@odishabank.in
Objective
- Loan aganist pledge of Gold Ornaments. To enable our valued customers to get instant cash when they need it the most.
Eligibility
- Individuals who own gold ornaments.
Purpose
- For the purpose of agricultural activities or for the purposes other than agriculture e.g. child’s education, Business expansion or working capital requirement, Medical emergency, daughter’s marriage etc.
Amount
- Maximum Rs.5 lacs.
Margin
- 20% of the cost of the equipment.
Security
- Pledge of gold ornaments.
Repayment
- Maximum 3 Years.
Rate of Interest
- Contact Nearest Branch for the Same.
Remarks
- Indigenous money lenders holding gold ornaments (pledged to them) should not be sanctioned loan against re-pledge of those gold ornaments.
For further details, contact the nearest Branch.