Malad Bank Logo
Loading

Eligibility

Member/Nominal member of the bank.

Purpose

Personal exigencies/Agriculture (Not for speculation).

Amount

Upto Rs.25.00 Lakhs Per Person*

Margin

25% of the value as assessed by the bank's approved jeweller on the basis of weight, fineness, and prevailing market rate etc.

Repayment

For agriculture purposes: Depending upon the harvesting season or a maximum of one year, whichever is earlier.
For other purposes: Monthly/Quarterly equated installments with a maximum period of five years.
Interest shall be collected promptly.

Rate of Interest

Interest will be applicable as per the Bank's prevailing Interest rates and scheme terms. click here