Gold Loan Fees & Charges

Pre- Disbursal Charges

Description	Fees/Charges			GST Applicable
Processing Fees	Up to 1% of the Loan Amount			Yes
Gold Valuation Charges	Valuation Charges per case is ₹550/-			Yes
Stamp Duty	As per the actual state norms			No
*The above Schedule of Charges is subject to be revised from time to time by the Bank, as will be updated on the official website of the Bank.

Post – Disbursal Charges

Description	Fees/Charges			GST Applicable
Bounce Charges	10% of EMI/Outstanding (Min:200 & Max:750)			Yes
Part Payment Charges	Up to 2% of Part Payment amount if payment is made within 180* days of date of disbursement			Yes
Foreclosure Charges	Up to 2% of principal outstanding amount if loan is closed within 180* days of date of disbursement			Yes
Late Payment Charges	During loan tenure: 2% per month on overdue amount or ₹300, whichever is higher			Yes
Auction Charges- Issuance of Notice	₹375/-			Yes
Auction Charges – Issuance of Publication	As per the actual publication charges			Yes
Auction Charges – Platform Fees	1% of the Ornament bidding amount			Yes
*Refer to your Sanction Letter to know actual applicable foreclosure and part payment charges.
The above Schedule of Charges is subject to be revised from time to time by the Bank, as will be updated on the official website of the Bank.

Interest Rate Range for Gold Loans

Product Name	Minimum Interest Rate	Maximum Interest Rate
Gold Loan	10.80%	20%

Note: All fees/charges to be paid shall be exclusive of goods and services tax(GST), as may be applicable.

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