Kanrich Ran Diriya is another product related to Gold Loans. Under this scheme customer has the option to pledge the gold jewellery for a long-term period to fulfill his financial needs.
The borrower has the ability to pay in installment basis until redeeming the said gold articles. The special benefit to the customer is flexible time duration and monthly commitment in par with customer’s income. This product offers reduced risk due to its collateralization with gold.