{"id":242493,"date":"2021-10-11T05:54:52","date_gmt":"2021-10-11T05:54:52","guid":{"rendered":"https:\/\/suco.hostrobust.com\/?page_id=242493"},"modified":"2021-10-26T10:37:51","modified_gmt":"2021-10-26T10:37:51","slug":"gold-loan","status":"publish","type":"page","link":"https:\/\/suco.bank.in\/kn\/personal-banking\/personal-loans\/gold-loan\/","title":{"rendered":"Gold Loan"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero&#8221; _builder_version=&#8221;4.11.1&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;rgba(9,31,77,0.39)&#8221; background_color_gradient_end=&#8221;rgba(234,50,54,0.28)&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/PB_Gold-Loan-Banner.jpg&#8221; custom_padding=&#8221;|0px|120px|0px|false|false&#8221; bottom_divider_style=&#8221;asymmetric3&#8243; bottom_divider_color=&#8221;#ffffff&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.11.0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.0&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.11.1&#8243; text_font=&#8221;||||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;2em&#8221; header_font=&#8221;||||||||&#8221; header_font_size=&#8221;40px&#8221; header_line_height=&#8221;1.4em&#8221; background_layout=&#8221;dark&#8221; max_width=&#8221;600px&#8221; custom_margin=&#8221;||30px|&#8221; custom_margin_last_edited=&#8221;off|desktop&#8221; header_font_size_tablet=&#8221;30px&#8221; header_font_size_phone=&#8221;24px&#8221; header_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Gold Loan<\/h1>\n<p>We provide gold loans at attractive rates. Please contact us for your loan requirements.<\/p>\n<p>[\/et_pb_text][et_pb_button button_text=&#8221;view scheme details&#8221; _builder_version=&#8221;4.11.1&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;14px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#003bde&#8221; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;4px&#8221; button_letter_spacing=&#8221;1px&#8221; button_font=&#8221;|||on|||||&#8221; background_layout=&#8221;dark&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;16px|40px|16px|40px|true|true&#8221; hover_enabled=&#8221;0&#8243; button_border_radius_hover=&#8221;4px&#8221; button_letter_spacing_hover=&#8221;1px&#8221; button_bg_color_hover=&#8221;#0053ef&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;on&#8221; button_border_radius__hover=&#8221;4px&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; button_letter_spacing__hover=&#8221;1px&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;#0053ef&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221; button_url=&#8221;#loan-details&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.11.1&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||10px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.11.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/Get-your-loan-Instantly-Gold-Loan.png&#8221; title_text=&#8221;Get your loan Instantly Gold Loan&#8221; _builder_version=&#8221;4.11.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin:auto;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.11.1&#8243; text_font=&#8221;||||||||&#8221; text_line_height=&#8221;2em&#8221; header_2_font=&#8221;Poppins|600|||||||&#8221; header_2_font_size=&#8221;30px&#8221; header_2_line_height=&#8221;1.2em&#8221; max_width=&#8221;700px&#8221; module_alignment=&#8221;left&#8221; header_2_font_size_tablet=&#8221;24px&#8221; header_2_font_size_phone=&#8221;18px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Get your loan instantly, Contact us Now!<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.11.1&#8243; text_font=&#8221;||||||||&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;2em&#8221; header_font=&#8221;Poppins|600|||||||&#8221; header_font_size=&#8221;40px&#8221; header_line_height=&#8221;1.3em&#8221; text_font_size_tablet=&#8221;16px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>During the time of the pandemic, we understood that the most liquid asset is gold! It helped many people face difficult days. This is another effort from our side to be of help to you. We will provide a loan on gold at attractive rates.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Features&#8221; _builder_version=&#8221;4.11.1&#8243; custom_padding=&#8221;0px||0px||true|false&#8221; hover_enabled=&#8221;0&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221; module_id=&#8221;loan-details&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;3.25&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.11.1&#8243; text_font=&#8221;||||||||&#8221; header_font_size=&#8221;40px&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;Poppins|600|||||||&#8221; header_2_font_size=&#8221;32px&#8221; header_2_line_height=&#8221;1.6em&#8221; module_alignment=&#8221;center&#8221; header_2_font_size_tablet=&#8221;24px&#8221; header_2_font_size_phone=&#8221;18px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Gold Loan Scheme Details<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.11.1&#8243; text_font=&#8221;||||||||&#8221; header_2_font=&#8221;Poppins|600|||||||&#8221; header_2_text_color=&#8221;#E02B20&#8243; header_2_font_size=&#8221;8px&#8221; module_alignment=&#8221;center&#8221; header_2_font_size_tablet=&#8221;24px&#8221; header_2_font_size_phone=&#8221;18px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Scheme details needs to be updated<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.11.1&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;margin&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-02.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Loans are to be granted to the extent of 60% of the value of pledged agricultural produce to the fresh borrowers and 65% to the existing Key loan borrowers by keeping 40% or 35% margin respectively. Branches should watch the fluctuations in the market rates of commodities and if at any point of time, the margin is eroded on account of reasons like fall in the market value or any such reasons whatsoever, the borrower should be called upon to regularise the account or to provide additional security\/ stocks so that the margin remains unimpaired.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;INSURANCE OF STOCK&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-03.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li>The stock kept in godown shall be insured for fire &amp; burglary on the same day of disbursement of the loan.<\/li>\n<li>Pledged agricultural commodity is to be covered under Insurance with the Insurance a company having a tie-up with our Bank i.e. Iffco-Tokyo Insurance Co.<\/li>\n<\/ul>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221; PERIOD OF LOAN &#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-02.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>6 months. It may be renewed for a further 6 months. The loan amount is repayable in a lump sum at the end of the term of the loan.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;SANCTIONING AUTHORITY&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-07.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>All loan proposals shall be sent to HO for sanction.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; custom_padding=&#8221;|||&#8221; custom_css_main_element=&#8221;margin:auto;&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;STORING OF GOODS&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-07.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li>The storage of goods in the godown should be made only in the presence of the Bank\u2019s personnel.<\/li>\n<li>In the case of new godowns, before securing the goods Branch Manager\/Credit Officer should inspect the godown to determine the suitability and Safety as prescribed by the Bank.<\/li>\n<li>Goods\/Stocks relating to different loans\/borrowers should be stored separately to facilitate easy checking, counting, identification, and release.<\/li>\n<li>Borrowers should be asked to keep samples of stocks with them to avoid compelling the branch to open the godown for obtaining sample.<\/li>\n<li>The goods should be properly arranged in the godown so as to facilitate easy <br \/>checking \/counting. Packages\/bags should be arranged in rows of uniform size.<\/li>\n<\/ul>\n<p>[\/et_pb_blurb][et_pb_blurb title=&#8221;PREREQUISITE CONDITIONS TO GRANT LOANS&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-03.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The Trader one who avail the KLT loan shall produce the following requirements before disbursement of the loan.<\/p>\n<ul>\n<li>The customer should have Current Account with the branch.<\/li>\n<li>Godown ownership\/agreement letter along with No objection letter in favor of Bank by the godown owner shall be signed before Manager.<\/li>\n<li>GST registration copy duly mentioning the agricultural commodities in which customer is trading is to be produced.<\/li>\n<li>The customer has to produce either purchase bill or APMC receipt.<\/li>\n<li>Co-obligation of 2 persons who are assesses of Income Tax along with recent ITRs for the last 2 years will be considered only on the branch Manager\u2019s recommendation.<\/li>\n<\/ul>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.11.1&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;RATE OF INTEREST &#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-05.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>13 %.The revision in the rate of interest will be communicated by the Head Office from time to time.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; custom_padding=&#8221;|||&#8221; custom_css_main_element=&#8221;margin:auto;&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;QUANTUM OF LOAN&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-01.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The minimum the loan amount that has to be granted is Rs. 10 lakh and a MAX up to Rs. 50 lakh.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.11.1&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;REPAYMENT PERIOD&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-07.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The entire loan shall be repaid in 24 \u2013 36 Equated Monthly Installments (EMIs), depending upon the repaying capacity of the borrower. <\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; custom_padding=&#8221;|||&#8221; custom_css_main_element=&#8221;margin:auto&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;PROCESSING CHARGES&#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-03.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Processing Charges @ <strong>1%<\/strong> of the loan amount shall be collected and for subsequent renewals @ <strong>0.75%<\/strong> shall be collected<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.11.1&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;PRE SANCTION VISIT &#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-07.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Before disbursing the loan the godown where the agricultural produce is stored is to be inspected by the Credit Officer and Manager. Locks purchased by the Bank shall be locked to all shutters of the godown. The keys shall be kept in the Bank safely under dual control.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.11.1&#8243; custom_padding=&#8221;|||&#8221; custom_css_main_element=&#8221;margin:auto&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221; POST SANCTION INSPECTION &#8221; image=&#8221;https:\/\/suco.bank.in\/wp-content\/uploads\/2021\/10\/app-developer-icon-small-03.png&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;400px&#8221; content_max_width_tablet=&#8221;550px&#8221; content_max_width_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.11.1&#8243; header_font=&#8221;Poppins|600||on|||||&#8221; header_font_size=&#8221;12px&#8221; header_letter_spacing=&#8221;1px&#8221; header_line_height=&#8221;1.6em&#8221; body_font=&#8221;||||||||&#8221; body_line_height=&#8221;2em&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;30px|20px|30px|20px|true|true&#8221; border_radii=&#8221;on|8px|8px|8px|8px&#8221; box_shadow_style=&#8221;preset1&#8243; box_shadow_vertical=&#8221;10px&#8221; box_shadow_blur=&#8221;60px&#8221; box_shadow_color=&#8221;rgba(39,39,52,0.06)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li>Inspection of the pledged stock kept under godown shall be done by an officer every month to ensure the condition &amp; correctness of the stock.<\/li>\n<li>Sample drawing of the stock by the customer shall be done in the presence of an officer of the branch invariably.<\/li>\n<\/ul>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold Loan We provide gold loans at attractive rates. Please contact us for your loan requirements.Get your loan instantly, Contact us Now!During the time of the pandemic, we understood that the most liquid asset is gold! It helped many people face difficult days. This is another effort from our side to be of help to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":230402,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"class_list":["post-242493","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/242493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/comments?post=242493"}],"version-history":[{"count":8,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/242493\/revisions"}],"predecessor-version":[{"id":243143,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/242493\/revisions\/243143"}],"up":[{"embeddable":true,"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/pages\/230402"}],"wp:attachment":[{"href":"https:\/\/suco.bank.in\/kn\/wp-json\/wp\/v2\/media?parent=242493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}