Maniratnam India Nidhi Limited designed to provide liquidity against Gold and Gold jewellers without having to sell them. Let your gold help you bring the golden period in life.
Features and Benefits:-
- MINIMUM LOAN AMOUNT RS. 10000 & MAXIMUM LOAN AMOUNT RS. 200000
- INTEREST RATE 10% PA TO 20 % PA
- Hassle – free quick processing of Loans
- Minimum documentation and quick disbursal
- Simplified Paperwork
- Easy Payment Options
- ATL Facility – Any Time Liquidity
- Minors are not eligible
Gold Loans Scheme List
Scheme 1 (GL 15)
Gold Value 70% to 75% (Hall Mark 75%) CT Gold 70%
| Period |
Rate of Interest |
| 0 – 30 Days |
14.50% |
| 30 – 60 Days |
15.50% |
| 91 – 180 Days |
18.00% |
| 181 and above Days |
20.00% |
Terms & Conditions
- LOAN AMOUNT WILL BE 75% OF THE ASSET VALUE
- MAXIMUM LOAN REPAYMENT TENURE CAN BE 24 MONTHS
- LOAN AMOUNT WILL BE BASED ON THE VALUATION DONE BY THE VALUER
- VALUER FEES WILL BE BORNE BY CUSTOMER BUT IN CASE IF DEAL GETS MATURED VALUER FEES WILL BE BORNE BY COMPANY
- IF THE ASSET BILLS ARE AVAILABLE 1 % REBATE WILL BE GIVEN
- INTEREST NEED TO BE PAID ON OR BEFORE THE DUE DATE FAILING WHICH INTEREST WILL BE INCRESED BY .75 %
- INTEREST WILL INCRESE IN SAME FASHION
