FEATURES OF THE MEDIUM TICKET GOLD LOAN SCHEME

You can avail the loan against pledge of your household ornaments. The loan offered shall depend upon the purity level of your ornaments and the net weight of gold content.

As per regulatory guidelines, we are not permitted to finance against pledge of your gold bullion.

Our gold loan schemes fall broadly into following categories: a) Maximum Value for Gold: These schemes offer the maximum amount of loan per gram. b) Low interest rate: In this category, the interest rates are lower which offers the customer a choice of higher/lower Loan to Value (LTV) and tenure. c) Flexible Repayment Option: Our products are tailored to suit the requirement of customer as at their comfort levels with respect to the interest rate and periodicity of repayment of interest and principal. Incidentally, gold loans can be availed at our branches for amounts as low as a Rs 3,000 and as high as 1crore. d) Loan Transfer: Balance transfer is designed to help customers to transfer their gold loans with higher interest rate with banks & NBFC to Fedbank Loan transfer scheme which offers lower rate of interest.

Fedfina Gold loans can be availed for any amount between Rs 3,000 to a maximum of Rs 1 crore. Loans are available for period of 3 month to 12 months. Our gold loans have a minimum lock in period of 1 day and there are no prepayment penalties