Gold loan

Loans for individuals who need working capital to finance the below mentioned activities and are able to provide gold or gold ornaments (except Mala) as security to pledge the same with the bank.

Purpose of loan

  • Agriculture activities
  • Small business/enterprises
  • Emergency needs
  • Health/Educational needs
  • Livestock
Loan eligibility Age 18-80, should have a CNIC.
Loan Amount Loan size would be approved by keeping 30% margin on value of the gold.
Loan duration Maximum One Year
Repayment option Lump sum / Installments
Collateral Pledge of the gold/gold ornaments
Disbursement Loan is credited into the account of the customer to make ultimate utilization much secure.
Markup rate 28% p.a and subject to change with policy amendments through circulars from time to time.

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