ALBION INDIA NIDHI LIMITED Gold Loan

Walk in with Gold, Walk out with Money

With attractive schemes, easy repayment options, and the lowest interest rates, ALBION INDIA NIDHI LIMITED, one of the leading Nidhi Companies in Tamil Nadu, offers a hassle-free experience to avail of a gold loan. Any member of ALBION INDIA NIDHI LIMITED who owns gold ornaments can apply for a Gold loan.

ALBION INDIA NIDHI LIMITED Offering Gold Loan to its members with the followingattractive features:

Avail Gold loan up to 100% on Gold value
Avail Gold Loan for any amount between Rs. 1,000 to a maximum of Rs. 7.5 Lakhs.
Loans are available for periods ranging from one month to one year.
Submit your gold jewellery (within the Karat range of 18k to 24k) at your nearest ALBION INDIA NIDHI LIMITED branch.

Interest

Base rate of interest is 12 percent; additional interest ranging from 4.8 percent based on gold value.
The interest rate is fixed and calculated on a reducing balance basis.

Schemes

Our Gold loan schemes fall under low-interest categories.

Higher value schemes offer the maximum amount of loan per gram at the lowest interest rates.
Lower value schemes have higher interest rates but lower loan to value (LTV) ratios.

Our products are tailored to members' income levels, loan amounts, interest rate preferences, and repayment comfort.

Guaranty and Security

Your gold will be stored securely in strong cash safes inside a strong room built to commercial bank standards.
Pledged gold ornaments are insured for full value.
Security personnel and modern electronic surveillance protect your gold.

Note:

Both interest and principal amounts must be paid monthly in easy installments.
The loan amount will be sanctioned based on gold valuation at our discretion of its purity.