Seylan Bank now offers you the highest value and safety for your gold.
1. No stamp duty.
2. Could be renewed with payment of interest for further 12 months.
3. Part payment of capital and renewal of outstanding amount.
4. Part redemption facility of articles upon payment of the value of same.
5. Advance amount could be enhanced in line with the appreciation of gold and revised payment terms up to 100% of new assessed value of articles pawned.
6. Weekend Banking Service with selected branches.
Advance amount for 12months (8 Grams)
Type of Gold
Assaying Methods
24k
35, 000
Pure Gold Biscuits, Tola Bars
Densimeter/Physical Features
24k
34,000
Refined Gold Biscuits, Bars/Jewellary
Densimeter/Physical Features
22k
32,000
Plain Gold Articles, Jewellery below 100,000
Densimeter/Physical Features
22k
31,000
Plain gold articles, Jewellery above 100,000
22k
30,000
Gold Articles acceptable in accordance with Section 2 of GCL 2006-34, 2nd addendum dated 22/08/2008
Densimeter or Touch stone Method and Physical Features
21k
29,000
Same as above
Densimeter or Touch stone Method and Physical Features
20k
28,000
Do
Densimeter or Touch stone Method and Physical Features
19k
27,000
Do
Densimeter or Touch stone Method and Physical Features
18k
26,000
Do
Densimeter or Touch stone Method and Physical Features
12 Months
Interest Rate
20% p.a
*Above rates are subject to change based on market conditions
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