Godrej Security Solutions, ICICI Bank Partners to Facilitate Easy Lending for the Jewelery Community

Godrej Security Solutions (GSS), a leading provider of security solutions, has collaborated with private lender ICICI Bank to launch a financial relief program for the jewelery community in India. GSS is the first Indian brand to offer such a program to help the jewelery community in India and encourage them to invest in new era security solutions for their store.

The financing program provides a unique line of credit available to Godrej Security Solutions retail jewelers. The credit facility allows jewelry store owners to invest in torch- and tool-resistant safes that protect their assets, including valuable jewelry, cash, and documents.

Established jewelers can also enjoy installation through local distribution partners or the Godrej Security Solutions sales team who will then connect them directly to the HERE team. The interest rate for this credit facility is 16% per annum with a low processing fee of 1.5%. The loan amount starts at a minimum of Rs 1 Lakh and can go up to a maximum of Rs 10 Lakhs.

Read also : Comviva, Accura Scan partner for eKYC and identity verification solution

Pushkar Gokhale, Vice President, Godrej Security Solutions said“Godrej Security Solutions has always worked with Indian jewelers to help them adopt and upgrade their security solutions. and it is most vulnerable to external threats such as theft and burglary.Having worked closely with jewelers, we understand that upgrading security systems would require Capex which in these difficult times would be a proposition Yet it is indeed critical because rising gold prices would lead to an increase in the value of jewelry to be stored safely.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now the Elets YouTube channel, a treasure trove of innovation-focused talks and awards, is also active. To subscribe for free, Click here.

Get the chance to meet the Who’s Who of the NBFC and insurance industry. Join us for upcoming events and explore business opportunities. Like us on FacebookJoin us on LinkedIn and follow us on Twitter, instagram & pinterest.


Comments are closed.