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Swarna Pradeepa Pawning Service

People’s Bank Swarna Pradeepa Pawning service offers you Speedy, reliable and Confidential Service.

Interest Rates

14% per annum

New Pawning Scheme

People’s Bank has introduce a new pawning Advance Scheme with immediate effect for customers expecting a higher loan amount per sovereign for a short period.

 

Gold Content	Maximum Advance Limit that could be granted per sovereign (Rs.)
	12 Months	6 Months
24K Gold/Gold Jewellery	43,000/-	45,000/-
22K Gold/Gold Jewellery (Stone, soldiering and engraving, if any – less some weight for them)	40,000/-	42,000/-
20K Gold/Gold Jewellery (Stone, soldiering and engraving, if any – less some weight for them)	24,000/-	-
18K Gold/Gold Jewellery (small earring, panchayuda, pendants etc, less some weight for Stone, soldering and engraving , if any )	20,000/-	-

 

Facility of Partly Payment for Pawning

Facility to make partly payment and renewal by payment of interest together with a part of the capital may be allowed only after the expiry of one month from the date of Pawning.