To meet the requirements of the gold loan, we are issuing non-convertible secured redeemable debentures as well as subordinated debts. The funds realized through debentures are fully utilized for the grant of loan against security of gold. The fund in no way is utilized otherwise. Hence the investments with us are 100% secured.
NON-CONVERTIBLE DEBENTURE
Period | Rate of Interest | |
---|---|---|
60 Months | ||
Monthly | Maturity | |
10.00% p.a | 10.75% p.a |
Period | Rate of Interest | |
---|---|---|
36 Months | ||
Monthly | Maturity | |
09.25% p.a | 9.75% p.a |
Period | ||
---|---|---|
90 Months (Doubling Scheme) | ||
Effective yield p.a | ||
13.33% p.a |
SUBORDINATED DEBT
Period | Rate of Interest | |
---|---|---|
60 Months | ||
Monthly | Maturity | |
09.50% p.a | 11.00% p.a |