TEB Gold Installment Loan

TEB offers an important novelty to the Jewellery Sector: Gold Installment Loan!

Get your loan being extended on a gram basis with a minimum of 250 grams and terms up to 36 months, and make your repayments in accordance with your cash flow with installments on a gram basis. 

Advantages:

• Povides financing support.
• Provides a payment option that best suits the cash-flow.
• Protects gold capital of the company against the currency risk.
• Protects the capital from inflation-induced fictitious profits.
• Generates financing cost.

Documents needed to make a Gold Installment Loan Application:

• Jewellery Certificate (Certificate of Activity from Chamber of Jewellers or Chambers of Trade)
• Financial Tables (for the last 3-years)
• Signature Circular
• Copy of title dead
• Copy of Company Registration Gazette or ID Card
• Tax Plate

Interest and fees to be accrued on the loan accounts are followed in the accounts as gold on a gram basis. If you also wish to make use of Gold Installment Loan, you can make your application from all TEB Branches.

For detailed information on Gold Banking products, you can call the phone number 444 0 667.