Gold Loan

Commercial Property Purchase Loan

Our Commercial Property Purchase Loan facility enables you to purchase properties such as office spaces, shops, clinics and other business establishments.

Loan Term

The term of your Gold Loan is from 1 to 12 months

Eligibility

  • All individuals with basic KYC documents for identity and address proof.
  • No income documents and no CIBIL score required

Acceptable Collaterals

18 carats to 22 carats Gold jewellery/ Gold coins of banks

Gold Loan Intrest Rate

Interest rate starting at 1% per month* (see interest rate chart

Maximum loan to gold value

75% of the gold value

Loan Amount

Rs. 5,000 to Rs. 25 Lakhs

Charges

Know more about charges.

Sarvasva WEGL

PERIOD AND LOAN AMOUNT LIMIT EFFECTIVE INTEREST RATE(% per anum)
≤1 Month, Max. amount – Rs. 50,000/- 12% (SRPLR – 6%)
>1 but ≤3 Months, Max. amount – Rs. 25 Lacs 18% (SRPLR)
>3 but ≤6 Months, Max. amount – Rs. 25 Lacs 22% (SRPLR + 4%)
>6 but ≤12 Months, Max. amount – Rs. 25 Lacs 26% (SRPLR + 8%)

Sarvasva GL Scheme

PERIOD AND LOAN AMOUNT LIMIT EFFECTIVE INTEREST RATE(% per anum)
≤1 Month, Max. amount – Rs. 50,000/- 12% (SRPLR – 6%)
>1 but ≤3 Months, Max. amount – Rs. 25 Lacs 18% (SRPLR)
>3 but ≤6 Months, Max. amount – Rs. 25 Lacs 22% (SRPLR + 4%)
>6 but ≤12 Months, Max. amount – Rs. 25 Lacs 26% (SRPLR + 8%)

Note:

  1. Penal Interest will be charged at 3% per month, in case of timely repayment is not made.
  2. Minimum loan amount – Rs. 5,000/- and maximum loan amount – Rs. 25 Lacs.
  3. In case of default in payment (Interest/Principal) made during the loan period, RoI of 26%(SRPLR + 8%) will be charged for the period of default along with penal interest of 3% per month on the default amount. SRPLR is 18% at present.
  4. Interest is charged with monthly rests/ compounding basis.

SARVASVA CAPITAL

Purchase Of Commercial Property

Many a times you may stop yourself from purchasing a new or under-construction property, simply due to the lack of money. With Sarvasva Capital Commercial Property Loan, you need not do so, anymore.

This loan has been designed keeping your financial needs in mind, particularly for commercial buying. The loan allows you to purchase a ready-to-use or an under-construction commercial property that you wish to buy. Whether you are salaried or running your own business, any individual with an earning can easily apply for this loan and avail its varied benefits. Not to mention, hassle-free documentation work and doorstep services are just some of the features, we offer our customers for a loan on commercial property.

Thanks to this loan, you can now go ahead and book that shop, commercial floor or immovable property you wanted to own and thus continue to grow your business assets, without constrain.