Capital Small Finance Bank Gold Loan Key Features – Apply Now!
|Gold Loan Interest Rate||7.11% per annum|
|Gold Loan Per Gram||Rate Per Gram Today is ₹ 5,032
|Gold Loan Amount||Up to Rs. 1 Crore (With Income Proof)|
|Gold Loan Processing Fee||1.50% of the Principal Loan Amount|
|Gold Loan Prepayment Charges||2%+GST (Within 3 Months), 0 (After 3 months)|
|Gold Loan Repayment Tenure||3 Months to 24 Months|
|Gold Loan Repayment Scheme||Bullet Payment Scheme, Overdraft Scheme|
About Capital Small Finance Bank Gold Loan:
Loan on Gold is a loan in which a borrower can get a loan against gold. This loan is a type of secured loan. In the gold, loan bank will take borrower’s gold to give a loan to the borrower. Bank will deposit a borrower’s gold as a security. Bank will receive the full responsibility for borrower’s gold. The Capital Small Finance Bank Gold Loan keeps your loan safe with them in their lockers. They are fully responsible for your loan.
Features of Capital Small Finance Bank Gold Loan:
- Capital Small Finance Bank India gold loan is very easy to apply. One can apply for the gold loan online within a few minutes.
- If a borrower is eligible, the loan can be approved within 5 minutes.
- After the approval of the Gold Loan, if the borrower has its complete documents, it can be disbursed quickly. One can say it can be disbursed within a period of a few hours.
- The responsibility of the gold is all at the bank’s end. Borrower’s gold assets will be kept under very tight and fireproof security.
- The rates of interest provided by the bank are quite affordable.
- Besides that, the Documentation process is very easy and simple.
- Bank will not ask the reason behind the gold loan; one can use this loan amount according to their needs.
Eligibility for Capital Small Finance Bank Gold Loan:
Here is the list of eligibility criteria
- Anyone can apply for a loan with them, which means that the person can be a professional, salaried, business person, a person of regular income group, etc.
- The applicant should be of at least 18 years of age.
- No minimum income of the applicant is required.
- The gold ornament should be between 18 karats to 22 karats.
- The Gold should be of the applicant or should be of his family member.
Documentations for Capital Small Finance Bank Gold Loan:
The process of documentation is very easy and simple. Identity proof (Passport/Id card/voter card/driving license) can be any one of them. Everyone easily has these documents so there is no problem with the submission.
- 3 passport size photos
- A passport can be an ID proof because a passport has a name, age, address and photograph of the customer. If you are having a passport then there is no need to bring your address proof separately. But the passport should not be expired.
- Residence proof can be Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
- Driving license is also regarded as a proof of identity and residence proof because it contains the name, date of birth and a photograph of the customer. But the condition is that it should not be expired.
- Aadhar card provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.
- Ration card is also considered as a residence proof because it provides enough information about the applicant.
- PAN card is the permanent account number that is provided to the customers and it prevents from the financial frauds. So it is also considered as an identity/residence proof. Pan card is very essential document under KYC (know your customer) formality.
- Gold Loan Interest rate – 10.70 %
- Also, offer low processing fee – 0.85%.
- Further, pre-closer charges range from 0 – 2 %.
- Besides that, Tenure minimum six months; maximum five year
About Capital Small Finance Bank Gold Loan:
Capital small finance bank offers loan against gold at contentious interest rates. Capital small finance bank as one of the major Gold Loan providers understand the needs of the applicant and disburse the loan amount in 24 hours. The pledged gold as security is locked safely in the vault, and the borrower does not have to worry about its safety of gold. The gold rates and all other charges are transparently announced to borrower upfront before sanctioning the Gold loan amount.
How to apply from lendingwale?
- If you apply for the Karvi Finance Gold Loan from lendingwale.com you will get by so many benefits.
- You just have to fill the Gold Loan form and you will get a call from our side automatically.
- Besides that, you may get some more concessions on the interest rates.
- Therefore there is no need to go to the bank.
- Even more, documents pick up facility from your doorstep is available.