| What is the tenure for Gold Loan? |
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| Written by Site Administrator |
| Wednesday, 28 October 2009 10:40 |
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Gold loan must be repaid with interest in within one year. In the event that you do not pay the complete amount along with interest at the end of this period, you will be sent notices requesting for payments. This will be followed by a visit from the Bank agent requesting you to make payments. If the bank does not receive any favourable response from you, they will auction the gold to recover the amount due. Comments (0) |