Gold Loan

In case of an urgency of any sort of financial needs, fall back on Alavi Bank’s Gold Loan to get a loan approved of over Rs. 10 Lakh instantly.


  1. Any individual who is the true owner of the ornaments (preferably hallmark)
  2. Advance can be given to males solely against men ornaments without female applicant.
  3. When advance is given only to male applicant against women ornaments, female consent is required to be obtained or she should be made a coborrower.

Loan Amount:

  1. For Bullet repayment – Rs. 2 lakh         
  2. For the purpose of house repairs/renovation – Rs. 5 lakh.
  3. Maximum loan/OD up to Rs. 10.00 lakh

Basis of Advance:

75% of the valuation of gold ornaments


Pledge of Gold Ornaments

Repayment Period:

12 months

Rate of Interest:

  1. Gold Loan  (Max Rs. 2.00 Lakh)    10.75%
  2. Gold Term Loan ( 2 to 10 Lakh)      10.75%

Processing Fees:


Valuation Charges:

Charges at actual to be borne by the applicant


  1. Duly filled prescribed application form.
  2. KYC documents of applicant i.e. latest photograph, Identity proof, residence proof.
  3. Declaration from borrower that he is the true owner of the ornaments.

Bank Detail

Contact Us

  • Head Office : Wadi Chokhandi, Vadodara-390017
  • Phones : 265-2583933
  • FAX : 265-2582245
  • Email :
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