Another First from Union Bank!. In addition to over the counter pawning advances , "Ran One" service also gives you the option to withdraw cash for gold from any Cirrus ATM worldwide, as and when you wish.
Maximum drawing limit (per sovereign), on your gold deposits.
Reasonable interest rates, with only 15 days minimum interest charged
Gold content of Item
Advance quantum
Rate
24K
Rs.24,000
15%
22K
Rs.23,000
15%
20K
Rs.20,500
15%
18K
Rs.18,500
15%
Payments can be done at any Union Bank branch.
Part Redemptions allowed.
Payment of interest up to date in full, automatically renews the pawning advance, by a further 12 months.
Safe Lodgement of your gold with the bank at an amazing nominal lodgement fee. The bank will also issue a "Safe Lodgement Certificate", which can be surrendered to UBC to obtain credit facilities.
