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BOI Star Mahila Gold Loan Schemee
 
Repayment Maximum 60 EMIs .However, repayment period not to exceed the age of 65 or retirement age of the borrower, whichever is earlier. Repayment through salary deduction /post datedcheques.
Net take home pay (net of EMI ) Min. 50% of the gross income of the applicant/ spouse, in the case of non-working women.
Security For Loan over Rs.50,000/- liquid securities [NSC/KVP/Insurance Policies-surrender value] for the amount exceeding Rs.50,000/-.
Disbursement By DD/ Pay Order favouring the seller ( with the name of the Bank and Account Number). Stamped Receipt/ Invoice for the total cost of jewellery (i.e Loan Amount plus Margin ) to be obtained. Proforma invoice required for a loan amount of Rs. 1 lac and over.
Processing Charge One time @ 2% of loan amount Min. Rs.500/- and Max. Rs.2,000/-
Other Charges Stamp charges for documents at actuals. Loan Agreement copy charges :: As applicable
 
 
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BOI Star Mahila Gold Loan