GOLD LOAN MASTER

What is the maximum DLP of Scale III Branch head for sanctioning gold loan?

• 25.00 Lakhs

• As per Normal DLP

• No DLP

• 50.00 Lakhs

Gold appraisal memo should be signed by?

• Assayer

• Borrower

• All of the above

• Branch Officials

What is the minimum gold purity Criteria for sanctioning loan in case of loan secured by Gold Jewellery or ornaments or specially minted gold coins?

• 20 Carat

• 24 Carat

• 22 Carat

• 18 Carat

What is the maximum age limit under Gold Loan EMI Scheme?

• 75 Years

• 60 years

• 70 Years

• 65 Years

What is the maximum weight limit of Gold loan in our Bank for minted gold coins?

• 30 Gram Per Borrower

• No Limit

• 50 Gram Per borrower

• 25 Gram Per Borrower

Who is the competent authority to approve/empanel assayer?

• Branch Head

• Corporate office

• Regional Head

• Zonal Head

What is the maximum age criteria in case of Jewel Assayer?

• 50 Years

• 60 Years

• 65 Years

• 70 Years

Which code should be entered in finacle after reassaying of gold jeweler of a customer?

• GLDRTM

• ASSAY

• ADVAGRI

• REASSAY

Which acid test is being used for identifying the purity of gold during appraisal?

• Nitric acid test

• Hydrogen Acid test

• Citric acid test

• No such acid test

Once the sanctioned limit of gold loan to a particular customer crosses the threshold limit of Rs. _______, all the packets of that customer should be re-assayed invariably by another assayer within _______ of sanction of new loan.

• 3.00 Lakhs, 30 Days

• 3.00 Lakhs, 90 Days

• 3.00 Lakhs, 15 Days

• 1.60 Lakhs, 30 Days