DBS Gold Loan - Non Agri

Overview

DBS, Asia’s Safest Bank, is redefining Gold Loans. Created especially for our customers, DBS Gold Loans offer an easy and hassle-free option to customers to meet personal and business expenses. DBS Gold loan is available at all branches and come with instant disbursal in 30 mins*, low interest rates & 50% waiver in processing fees** (**limited period offer)

All this and more make DBS Gold Loans the Gold Standard of Gold Loans.

Salient Features

Option to avail Personal Accident Cover for less than Rs.1 per day* The DBS Gold Loan comes with an optional accompanying insurance cover that protects your gold for less than Rs.1 per day*
Sum insured/ Tenure	₹ 5,00,000	₹ 10,00,000	₹ 15,00,000	₹ 20,00,000	₹ 25,00,000
Premium to be paid for 1 Year	₹ 202	₹ 404	₹ 604	₹ 805	₹ 1,007
Gold loan customer can avail personal accident insurance cover under policy* Max Sum Insured covered would be up to 25 lakhs Age 18 to 65 years Policy tenure can be till loan period, up to maximum 5 years* *Insurance cover is arranged by DBS Bank Limited through Go Digit General Insurance Limited under Digit Group Total Protect Policy (UIN: GODPAGP21491V022021). For more details, please read policy terms and conditions carefully before enrolment.

Attractive interest rates
50% waiver in processing fees* (*Limited period offer)
Attractive per gram rate
Instant loan disbursal in 30 mins* (*T&C Apply)
Upholding your age old trust: You can expect the same trust and warmth that has brought you smiles in the past

Eligibility

The loan can be availed by individuals to meet their personal and business expenses
Loan offered against pledge of gold ornaments owned by the individuals

Rate of Interest

Option to avail Personal Accident Cover for less than Rs.1 per day* The DBS Gold Loan comes with an optional accompanying insurance cover that protects your gold for less than Rs.1 per day*
Sum insured/ Tenure	₹ 5,00,000	₹ 10,00,000	₹ 15,00,000	₹ 20,00,000	₹ 25,00,000
Premium to be paid for 1 Year	₹ 202	₹ 404	₹ 604	₹ 805	₹ 1,007
Gold loan customer can avail personal accident insurance cover under policy* Max Sum Insured covered would be up to 25 lakhs Age 18 to 65 years Policy tenure can be till loan period, up to maximum 5 years* *Insurance cover is arranged by DBS Bank Limited through Go Digit General Insurance Limited under Digit Group Total Protect Policy (UIN: GODPAGP21491V022021). For more details, please read policy terms and conditions carefully before enrolment.

For consolidated schedule of charges on Gold Loan, please refer this below table.

Gold Loan Product	Existing Applicable charges
Loan Facility/ Product	Gold Loan Agri	Gold Loan Non-Agri
Rate of Interest	12.00%	13.25%
Processing Fees to Bank (GST of 18% to be collected in addition)	0.20% of the facility amount subject to a max. of Rs.1000/- per limit.	0.40% of the facility amount without any cap.
1st Appraiser Commission	0.20% of the limit subject to a max. of Rs.1000/- per limit.	0.20% of the limit subject to a max. of Rs.2000/- per limit.
2nd Appraiser Commission (applicable only when customer exposure exceeds Rs.10 lakhs)	0.20% of the facility amount subject to a max. of Rs.400/- per limit.	0.20% of the facility amount subject to a max. of Rs.400/- per limit.
Stamp Duty Charges	Recovered from Customers as per actual stamp duty rates (state wise) communicated from time to time.
Penal Charges	Penal interest at the rate of 2% over the prescribed interest rate from time to time will be charged for irregularities like overdue, exceeding the LTV ratio, etc. in the Gold Loan accounts.