NEWS
South Indian Bank offers loans of up to 90% of gold value
Under this scheme, borrowers can avail loans ranging from Rs 25,000 to Rs 25 lakh with a flexible tenure of up to three years.
Under this scheme, borrowers can avail loans ranging from Rs 25,000 to Rs 25 lakh with a flexible tenure of up to three years.
South Indian Bank has launched a new gold loan product, SIB Gold Xpress, designed to offer customers quick and convenient access to credit.
Borrowers can unlock up to 90% of their gold's value, availing loans ranging from Rs 25,000 to Rs 25 lakh with a flexible tenure of up to three years.
The private sector lender said that the product, targeted at small businesses, would enable customers to fund their expansion, working capital needs, or personal ventures with ease.
The loan comes with zero hidden costs, ensuring complete transparency for borrowers.
Customers can pledge their jewellery with complete safety assurance and benefit from South Indian Bank's PAN India network, it added.
