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Digi-Gold Loan
Gold Loan at your fingertips! Now experience a unique Online overdraft facility with Federal Bank's Digi-Gold Loan. Save on interest while you utilize your loan amount through Mobile Banking, Net Banking or ATM card.
- Features & Benefits
- How to apply ?
- Documents Required
- Other Terms and Conditions
- Repayment options
- Interest Rates & Charges
- Gold Overdraft Facility – Funds can be utilized round the clock
- Shop Online, Transfer funds and make Bill Payments directly from the Digi-Gold account
- Cash / shopping with ATM card, Mobile Banking & Net Banking facilities
- Interest is charged only on the amount utilized and only for the actual days of use
- Deposit and withdraw cash just like a savings account
- Flexible security– Substitute Gold Ornaments as per need
- Longer tenure of 12 Months
- Easy Renewal
- Same day approval and account opening
- Security for the loan will be pledge of 22 ct. gold ornaments
- Any Individual can avail Digi-Gold Loan
- Can be availed for personal, business and agricultural purposes
- To avail the limit, please visit any of our branches
If you are an existing customer, no extra documents are needed.
If you are a new customer, the following documents are required:
- Proof of Identity (Passport / Voter ID / Driving License / PAN Card etc.)
- Address Proof (Ration Card / Telephone or Electricity Bill / Lease Agreement / Passport / Trade license / Sales Tax Certificate etc. )
- Recent Passport size photograph
- Minimum Loan amount: Rs. 1000
- Maximum Loan amount: 150 Lakhs
- Rate per gram - To know maximum rate per gram, please click here.
Overdraft account – Lumpsum repayment
- Nominal processing fees
- Interest will be applied only on the amount utilized for the actual number of days.
- Please visit the Interest Rates page for details
