Sardar Vallabhbhai Sahakari Bank Limited is a Co-operative Bank that got the License No. DBOD-UBD-GJ-351P from Reserve Bank of India’s on 21/11/1983. The Bank then spread its network with 4 branches in Ahmadabad City and 1 branch at Unjha (Mehsana District). The Bank is providing Safe Deposit Vault (Locker) facility at its Law Garden and Isanpur Branch. All branches of the Bank are fully computerized since 1998 and now connected with Core Banking System since May 2009. The bank offers home loans, personal loans, car loans, gold loans, education loan, consumer loans etc.
Purpose: The loan is offered to meet the personal needs of the customers
Quantum of Loan: Up to 60% of valuation of Gold ornaments
Rate of Interest: 14%
Repayment: 12 months
Security: Ornaments
Initial Requirements: Copy of Income Tax Returns for last 2 Years; Valid Address Proof of the person wants gold loan; Valuation Report of ornaments; Bills or necessary documents of ornaments; Bank Statement for last six months; Copy Income Tax Returns of all guarantors; Passport size photographs for all.