GOLD LOAN

To avail of a gold loan at Supra Pacific, an individual must meet the following criteria:

Age: The applicant should be 18 years of age or above.

Monthly Repaying Capacity: The applicant should have a stable source of income and a monthly loan repaying capacity.

Ownership of purity: Minimum Gram-1gm

                        Minimum Loan Amount-3000/-

Disbursal is based on RBI guidelines.

These are the minimum criteria for availing a gold loan at SupraPacific. However, it is recommended to check with our gold loan team directly for information on their specific eligibility criteria and requirements as they may vary from branch to branch.

- Supra provides insurance coverage for the gold ornaments pledged by customers. The gold is kept in strong rooms or safe locker with dual control at the branches where the pledge is made. The company has insurance coverage in place against risks such as burglary, fire, and special perils. The insurance coverage is regularly reviewed and updated to ensure adequate protection of the pledged gold. The company also provides insurance coverage for gold and cash in transit, as well as fidelity insurance. This means that the pledged gold is protected against risks during transport and storage.

Here are some basic guidelines and criteria that are the hallmark of Supra Pacific Gold Loans. These guidelines are formulated to ensure that our loan offerings meet the highest quality in terms of customer satisfaction and value. They are also the reason why most of our customers come back to us and place their trust in our services.

• The eligibility for a loan is evaluated based on the purity of the gold ornament/bar submitted.
• The minimum period of interest is  7 days depending on the scheme opted by the borrower.
• The borrower may choose to repay the loan on a daily, weekly, or on a monthly basis.
• Borrower can avail of part payment towards the gold outstandings and the same will initially booked towards the pending interest first and the balance will adjust to principle.
• Partial release of the pledged gold assets is also available on payment of a stipulated amount.
• Third-party representatives of the borrower are only allowed to execute repayment or part payment of the loan.

The following documents are to be submitted by the borrower in order to avail of the gold loan service offered by Supra Pacific.

Proof of Identity - FOR INDIVIDUALS	Proof of Address - FOR INDIVIDUALS	FOR NON-INDIVIDUALS
Passport, PAN Card, Voter's ID, Driving license, ID card issued by any central/state Govt,AADHAAR issued by unique identification authority of India	Passport,Telephone Bill,Electricity Bill,Bank Account statements (not more than 3 months old), AADHAAR	Certificate of Incorporation, Certificate of commencement of business,Memorandum and Articles of Association, PAN Card, List of Directors, Any other docs (shareholding pattern etc)