When you need money in an emergency or when opportunity knocks, gold that you have can come in handy. Get an instant loan by depositing gold jewellery, coins or biscuits.
ELIGIBILTY
- Bhutanese citizens with repayment capacity. Pledge of gold (22 and 24 carats gold biscuits)
QUANTUM
60% of the total gold value or maximum Nu. 400,000/- whichever is lower.
TENURE
2 years maximum.
INTEREST RATE
CLICK HERE to view the Floating/Prevailing interest rate.
CHECKLIST FOR GOLD LOAN ( FOR DOWNLOAD IN PDF)
- Application form duly filled in and signed on all the pages.
- Copy of valid Citizenship Identity (CID) of both the applicant and the guarantor as applicable.
- One recent Pass Port size photograph of the applicant.
- Latest Original Pay Slip of the applicant(s) and guarantor dully filled, signed and sealed by salary disbursing officer & recommendations.
- Certification of purity or the biscuits/coin purchased should have 99.99 engraved on it.
- Proof of income to service the loan – rental income/ BIT/ PIT/Salary Slip duly certified by the Department concerned.