The Alleppey Urban Co-operative Bank

AUCB

The only Urban bank in Alappuzha district with RBI license.

Under Banking Regulation Act

Customer Oriented

Leading, Trusted. Enabling growth

Banking for you

Turn your Gold in to Cash with AUCB Gold Loan.
Instant Cash Against Gold – Safe, Simple, and Reliable

The Banks approved appraisar will check the purity of gold as well as the net weight of gold pledged.

Appropriate decductions from the gross weight will be effected in respect of stones, pearls, jems etc.

The verification of net weight will be done in the presence of the borrower only in transparent manner.


Parameter		Description
Gross Weight	:-	Total weight including stones/dirt
Net Weight	:-	Total weight minus stones/non-gold materials
Purity	:-	Evaluated in Karats (18K, 20K, 22K)
Market Price	:-	30-day average or previous day closing (IBJA)

Up to ₹2.5 Lakh	:-	Maximum 85% LTV
2.5 Lakh – ₹5 Lakh	:-	Maximum 80% LTV.
Above ₹5 Lakh	:-	Maximum 75% LTV