Auction Charges ranges from Rs.500 to 1000 based on the loan amount as mentioned below.

 

  

Particulars
                   Charge per pledge(Including tax)
Printing & Stationary6.00
Advertisement Charges160.00
Transportation44.00
Insurance25.00
Charges paid to auctioneer35.00
Postage( Each Instance)30.00
Expense incurred for sorting,litting,and other auction related work160.00
Total Auction ChargesRs.460

 

 Gold Processing Charge
 At the time of Loan Settlement Rs. 10/- * (Rupees Ten only)
Penal charges2% p.a. after loan tenure
  • Ordinary and Registered letter charges are Rs.5/- and Rs.30/- Respectively. 
  • Cheque sending charge to auction surplus customers is Rs.50/-
  • Delivery of statement of account - Nil within 30 days of closure.
                                                           Rs.25/- after 30 days of closure.
  • Form K settlement charges - Rs.75/- for first instance.
                                                   Rs.100/- for Subsequent instance.

Stamp duty is being collected in Rajasthan and Karnataka states for fresh pledge is as
follows; 

State / Loan AmountStamp Duty
Rajasthan

0.325% of the loan amount + applicable Surcharge

Karnataka : 1 Lakh and above

0.5% of the loan amount