Gold Loan in Kamana Sewa Bikas Bank

A gold loan in Kamana Sewa Bikas Bank lets you access funds by pledging eligible gold as collateral instead of selling it. You can pledge gold ornaments, hallmark coins, or eligible fine gold bars, which are assessed by a bank-appointed valuer. Once approved, the loan amount is based on the assessed value of your gold and the applicable loan-to-value (LTV) ratio. Your pledged gold is securely stored by the bank and returned after you repay the loan and applicable interest.

Kamana Sewa Bikas Bank offers up to 80% of the assessed value of eligible fine gold bars and hallmark coins, and up to 70% for gold ornaments. For example, if your gold ornament is assessed at Rs. 1,00,000, you could receive up to Rs. 70,000, subject to the bank's lending terms and approval. Individual borrowers can access loans from Rs. 25,000 up to Rs. 15 lakh, while registered institutions can borrow up to Rs. 25 lakh.

The gold loan is available as an overdraft facility, renewable annually, or as a demand loan for up to one year, as approved. The application process is handled at a Kamana Sewa Bikas Bank branch, where your gold is assessed and the required documentation is completed.

Here is a full breakdown of the loan features. For any questions not covered below, contact your nearest branch or call us at +977 01-5970030. 

Feature
Details
Facility type
Overdraft or demand loan
Loan amount — individuals
Rs. 25,000 to Rs. 15,00,000
Loan amount — institutions
Rs. 25,000 to Rs. 25,00,000
LTV — fine gold bar / hallmark coin (99.5% or 9.9% pure)
Up to 80% of assessed value
LTV — gold ornaments
Up to 70% of assessed value
Collateral accepted
24-carat gold ornaments, fine gold bars, hallmark coins
Tenure
Overdraft: 1 year, renewable annually. Demand loan: up to 1 year as per approval.
Eligible borrowers
Individuals aged 21 to 75 at the time of loan maturity; registered institutions
Interest rate
Contact your nearest branch for the current rate.

For individual applicants, bring the following to your nearest KSBBL branch: 

• NID & Citizenship certificate 
• Two recent passport-size photographs 
• Completed gold loan application form (available at the branch) 
• Gold items to be pledged (assessed by the bank-appointed valuer on the day) 

For loan limit above 1000K: LORC of borrower/ guarantor/ undivided family member, purchase bill, at least one PG of family/ friend  

Institutional applicants may require additional documentation. Contact the branch directly at +977 01-5970030 or email customercare@kamanasewabank.com before your visit to confirm the full checklist.