The Union Bank of India Chhattisgarh’s Raipur Region Head Kavita Srivastava on Wednesday inaugurated the ‘Gold Loan Express Counter’ at its Pandri branch.
Srivastava said the Counter will facilitate the gold loan disbursal within a half hour. At present the gold loan interest rate is approximately 7.55 percent. The customer is charged a nominal processing fee.
Apart from it, other products of retail and Micro, Small and Medium Enterprises (MSME) loans are being provided by the bank at low interest rates based on the needs of customers, she said.
