Gold Loan
SMJV Nidhi Limited
We, at SMJV Nidhi, understand our customer's needs and have three primary gold loan schemes to choose from.
Our attractive interest rates, quick disbursal, multiple repayment options and value added benefits ensure a pleasant experience, make us our customer's first choice.
We realise the emotional value of gold, and have in place, state of the art security surveillance infrastructure.
When you pledge your gold with us, rest assured, it is in the safest hands. Come unlock the best value for your gold ornaments at any of our branches!
SMJV Ordinary Gold Loan
1.50 Paise/ 100 Rupees per month only !
Loan Amount
INR 1,000 upto INR 15 lakhs
Attractive Features
No appraisal charges ! No documentation charges ! No safe storage charges ! Loan closure permitted at any time !
KYC verification mandatory
Penal interest of 3%* charged in case interest is not serviced regularly
SMJV Vismaya Gold Loan
1.67 Paise/ 100 Rupees per month only !
Loan Amount
INR 5,000 upto INR 15 lakhs
Attractive Features
Highest LTV No appraisal charges ! No documentation charges ! No safe storage charges !
Loan closure permitted at any time !
KYC verification mandatory
Penal interest of 2%* charged in case interest is not serviced regularly
SMJV Swarnanidhi Gold Loan
0.83 Paise/ 100 Rupees per month only !
Loan Amount
INR 10,000 upto INR 15 lakhs
Attractive Features
Highest LTV No appraisal charges !No documentation charges !No safe storage charges !
KYC verification mandatory
In case of premature closure, interest will be recalculated at 18.5% monthly rate*
Smart Gold Loan
Loan amount
INR. 50,000 to INR 15 lakhs
Security
Pledge of gold – upto 75% of market value for gold of 916 fineness
1. Interest shall be applied at the end of every calendar month.
2. If the above interest is not serviced within 3 days of the succeeding month,
interest for this month onwards will be 18% till all debited interest is cleared.
3. If the loan is not closed or renewed at the end of 6 months,
additional penal interest at the rate of 3% p.a shall be charged and the security will be disposed off to close the account
4. If the balance goes down the minimum ie Rs.50000/-,
interest from such a date shall be 18% p.a.
5. Appraisal of gold should be got done as per existing guidelines.
Loan upto 80% of market value can be given for gold of 916 fineness.
