Do you have an immediate requirement for money?
We can help you with instant cash on your gold ornaments. Why go for other chaotic means to make money during an emergency, when you have your precious gold!
GEO VPL FINANCE (NBFC) provides you with straight, safe and secure loans against your gold ornaments. Pledge your ornaments to get loan amounts based on purity and net weight of the gold. We disburse the loan to you based on simple hassle free procedures with unmatched safety and security for the pledged gold. The services are available at all our branches and you can choose from a wide range of schemes.
| Scheme | Annual Interest rate (Diminishing) | Remarks |
|---|---|---|
| Gold Loan Daily | 22.00% | If interest is not remitted at the end of 1st month the rate of
interest will be
24% p.a
retrospectively from the beginning.
If interest is not remitted continuously for 6 months the rate of interest will be 26% p.a retrospectively from the beginning. |
| Gold Loan Weekly | 22.00% | If interest is not remitted at the end of 1st month the rate of
interest will be
24% p.a
retrospectively from the beginning.
If interest is not remitted continuously for 6 months the rate of interest will be 26% p.a retrospectively from the beginning. |
| Gold Loan Business (For Selected Branches Only) | 21.00% | If interest is not remitted at the end of 1st month the rate of
interest will be
22% p.a
retrospectively from the beginning.
If interest is not remitted continuously for 2 month the rate of interest will be 24% p.a retrospectively from the beginning. If interest is not remitted continuously for 6 months the rate of interest will be 26% p.a retrospectively from the beginning. |
| Gold Loan Business 1250 | 15.00% | If interest is not remitted at the end of 1st month the rate of
interest will be
22% p.a
retrospectively from the beginning.
If interest is not remitted continuously for 3 month the rate of interest will be 24% p.a retrospectively from the beginning. If interest is not remitted continuously for 6 months the rate of interest will be 26% p.a retrospectively from the beginning. |
| Gold Loan Business 1500 | 18.00% | If interest is not remitted at the end of 1st month the rate of
interest will be
22% p.a
retrospectively from the beginning.
If interest is not remitted continuously for 3 month the rate of interest will be 24% p.a retrospectively from the beginning. If interest is not remitted continuously for 6 months the rate of interest will be 26% p.a retrospectively from the beginning. |
| Service Charges related to gold loan | Processing fee for fresh loan Rs.12/-,if loan amount is below Rs.2000 processing fee will be Rs.5/-
Processing fee for renewal Rs.10/-,Notice charges – Ordinary notice Rs.5/-, Reg.Notice – Rs.35/-, Auction notice Rs.45/- Token lost charges – Nil , Auction advertisement charges – Rs.50/- |