Auction Charges are mentioned below:
Particulars | Charge per pledge(Including tax)(Rs) |
|---|---|
| Printing & Stationary | 6.00 |
| Advertisement Charges | 160.00 |
| Transportation | 44.00 |
| Insurance | 25.00 |
| Charges paid to auctioneer | 35.00 |
| Postage( Each Instance) | 30.00 |
| Expense incurred for sorting,litting,and other auction related work | 160.00 |
| Total Auction Charges | Rs 460.00 |
| Gold Processing Charge | |
|---|---|
| At the time of Loan Settlement | Rs 30 (inclusive of tax) |
| Penal charges | 2% 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 - Min Rs 75 and max Rs 100 per pledge
Stamp duty is being collected in Rajasthan, Karnataka and Andhra Pradesh states for fresh pledge is as
follows;
| State / Loan Amount | Stamp Duty |
|---|---|
| Rajasthan | 0.25% of the loan amount + applicable Surcharge |
| Karnataka : 1 Lakh and above | 0.5% of the loan amount |
| Andhra Pradesh : 1 Lakh and above | 0.5% of the loan amount |
Safe custody Charges on monthly basis for the period of under-utilization of credit limit exceeding 90 days
| Gold Weight | Charge / Month -Rs |
|---|---|
| Below 20 Gm | 8/- |
| 20 to <50 Gm | 40/- |
| 50 to <100 Gm | 93/- |
| 100+ Gm | 277/- |