Equitas Small Finance Bank Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

Equitas 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

Advantages of Equitas Small Finance Bank Gold Loan

  • rapid system: you may take a Gold loan from Equitas Small Finance bank effortlessly and promptly without any barriers. The loan gets authorised in just 60 minutes.
  • Fewer documents: The documentation progression is steady right here; fewer files are necessary for the gold mortgage in Equitas Small Finance bank.
  • transparent gadget: Equitas Small Finance financial institution proposals huge transparency to their patron; and this is, there are no unidentified prices.
  • quantity of loan: The minimum quantity of mortgage that Equitas Small Finance financial institution can offer to their consumer is Rs. 15,000. And, in rural districts, it can be less than Rs 10,000.
  • protection of jewellery: One critical component to observe is that the financial institution takes the complete duty for the protection of your gold. in a while, they stored the gold in fireplace-evidence protection.
  • mortgage Tenure: The time-period of the Gold mortgage in Equitas Small Finance bank can be from 3 months to two years. Later on, you could choose your luxurious for this reason.
  • earnings for Ranchers: Equitas Small Finance Bank offers some one-of-a-kind offers for agricultural purposes. Equitas Small Finance financial institution gives a negligible Gold loan interest rate for agronomic purposes.
  • No Debt issue: There may be a set of circumstances like wherein if an applicant is not capable of pay off the amount of mortgage. In that instance, the applicant will no longer be below any debts because the financial institution will handiest capture the applicant’s ornaments.
  • No income borders: There aren’t any regulations on the income or income of the applicant; subsequently, each person with any earnings variety can follow for a gold mortgage in Equitas Small Finance financial institution.

How Much Gold Loan can I Get through Equitas Small Finance Bank Gold Loan

Equitas Small Finance Bank Gold Loan Per Gram – Updated September 2020

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000

 

Equitas Small Finance Bank Gold Loan Eligibility

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Equitas Small Finance Bank Gold Loan Documents Required

Photographs

2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)

 

Equitas Small Finance Bank Gold Loan Interest Rate, Fees and Charges

HDFC Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST

 

About Equitas Small Finance Bank Gold Loan

Life is full of worries and fears. In the end, you can want coins to combat with financial issues to your lifestyles. in that case, and you can get a Gold loan from Equitas Small Finance financial institution to combat with the financial emergency. A gold mortgage is a safe loan. After, human beings with decreased CIBIL rating can also honestly apply for this provider.

But, there is lots of economic Banking and non-Banking groups that could provide you with the gold loan, but the Gold loan is taken into consideration the best. Equitas Small Finance bank came into life in 2007. it is one of the maximum misleading and continual Banks in India. Additionally, its miles acknowledged for its strong monetary capabilities. Here the transactions are very safe.

  • Equitas Small Finance Bank Gold Loan Interest Rate is 7.11% per annum
  • Equitas Small Finance Bank Gold Loan Per Gram is ₹ 5,032
  • Equitas Small Finance Bank Gold Loan Tenure: Up to 24 months
  • Equitas Small Finance Bank Gold Loan Processing Fee is Up to 1.50% of the principal Loan Amount + GST

Types of Equitas Small Finance Bank Gold Loan

Equitas Small Finance Bank offers some plans allied to the Gold Loan item which are listed below:

  • Loan Against Gold – Equitas Small Finance Bank offers Gold Loan at fascinating steps are essential to satisfy anybody’s critical need of assets for any reason whether individual or professional. The gold credit is made sure about the type of loans, and then, the Bank has no danger in giving the entirety to the applicant, so it is given at a slower step of best when associated with different types of Loan items.
  • Loan Against Gold for the Farming industry – Equitas Small Finance Bank offers Gold Loans clearly to farming industry purposes to ranchers at a rare step of interest when connected with gold loans given for different possibilities. They are given multiple offers, and at the time of taking the loan, you have to give the Bank your Property evidence.

Equitas Small Finance Bank Gold Loan EMI Calculator

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

 

How to Pay Your Equitas Small Finance Bank Gold Loan EMI?

  • Standing Instruction (SI): If you are a current account holder with Equitas Small Finance Bank, Standing Instruction is an extremely dependable procedure to pay. Your EMI entirety will be credited logically on the way to the month’s end to month time frame from Equitas Small Finance Bank account you show.
  • Electronic Clearing Service (ECS): The program can be useful in the incident that you have a non – Equitas Small Finance Bank and may need your EMIs to be charged hence close to the highest limit of the month to month cycle from this record.
  • Post-Dated Checks (PDC): You can present post-dated EMI investigations from a non-Equitas Small Finance Bank account at your nearest Equitas Small Finance Bank Loan Centre. Another method of PDCs should be accessible in a precise way. It will be great in the manifestation that you note Post Dated Checks will be collected non-ECS states usually speaking.

Equitas Small Finance Bank Gold Loan Contact Number

Call 9878981144 and get rapid assist and settlement in your Equitas Small Finance financial institution Gold mortgage. you may now realize the top class proposals on Gold mortgage obtainable from all Equitas Small Finance bank Branches in everywhere in the country to advantage the pinnacle deal linked in step with your requirements

Gold Ornaments Accepted by Equitas Small Finance Bank

  •  Gold Jewellery – Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of those are allowable via Equitas Small Finance financial institution to take a Gold mortgage.
  • Purity – The satisfactory of gold have to be in among of 18 Carat to 22 Carat. Any gold ornament that is 24 Carat cannot be used to take a gold loan.

Use of Equitas Small Finance Bank Gold Loan

The property stable by way of availing Equitas Small Finance bank Gold loan facility which can be used for multiple purposes like:

  • To fund any particular hoards like marriage, mountain climbing, instalment of higher training fees, and so forth.
  • For all your marketing necessities, inclusive of obtaining new supply, developing advertising, and so on., mortgage facility is out there.
  • You could additionally apply for Gold mortgage for agrarian ideas. The financial institution offers minor expenses of interest for Gold Loans which might be used for agriculture or associated plans.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.11% – 14.50%

ICICI Gold Loan

7.11% – 16.10%
Muthoot Finance Gold Loan

7.11% – 24.00%

Axis Bank Gold Loan

7.11% – 17.11%
Manappuram Gold Loan

7.11% – 26.00%

Yes Bank Gold Loan

7.11% – 15.99%
Bank of India Gold Loan

7.11% – 26.00%

Federal Bank Gold Loan 

7.11% – 13.50%
IIFL Gold Loan

7.11% – 12.00%

Central Bank of India Gold Loan

7.11% – 14.65%

Canara Bank Gold Loan

7.11% – 12.65%

Allahabad Bank Gold Loan

7.11% – 10.45%

Induslnd Bank Gold Loan

7.11% – 15.75%
PNB Gold Loan

7.11% – 11.75%

Bajaj Finance Gold Loan

7.11% – 26%
SBI Gold Loan

7.11% – 15.99%

Indian Bank Gold Loan

7.11% – 15.99%
UCO Bank Gold Loan

7.11% – 26.00%

Kotak Mahindra Bank Gold Loan

7.11% – 13.50%
Syndicate Bank Gold Loan

7.11% – 12.00%

 

FAQs About Equitas Small Finance Bank

  • What is the Equitas Small Finance Bank Gold Loan?

Equitas Small Finance bank Gold mortgage is a loan machine that you could follow for pressing monetary assist via preserving your gold as safety with the bank. Additionally, it comes with great interest rates on the period loan, Overdraft, and EMI based loan. Standard Gold loan disbursement time at Equitas Small Finance bank is simply forty-five mins.

  • How can I get the Gold Loan from Equitas Small Finance Bank?

You may fluently get the Equitas Small Finance bank Gold loan by journeying any of the gold mortgage presenting branches of Equitas Small Finance bank. You could apply online with LendingWale by using just sitting at your own home and get the quality agreements and proposals. Equitas, Small Finance bank, is one of the most critical Banks in India that gives Gold loan functions.

  • What is Gold Loan Interest Rate in Equitas Small Finance Bank?

The Interest fee for the Gold mortgage in Equitas Small Finance financial institution is 7.11% in step with annum. The rate of interest is the situation to numerous factors, specifically: loan quantity, mortgage time-periods, purity of gold, and connotation with Equitas Small Finance financial institution.

  • How much Gold Loan can I get per gram in Equitas Small Finance Bank?

The in keeping with gram Gold loan in Equitas Small Finance bank that you could get relies upon at the purity of your gold. Equitas Small Finance bank determined to take the gold of purity among 18 carats to 22 carats to provide a Gold mortgage. You may avail up to ₹ 5,032 per Gram in Equitas Small Finance bank Gold mortgage
to test your Equitas Small Finance bank Gold loan reputation.

  • How to check Gold Loan status in Equitas Small Finance Bank?

You want to do is, visit the Equitas Small Finance, loan status Tracker web page & fill your information within the form which is given there. You may song the repute resourcefully of your loan from the house and stay updated.

  • How to calculate Gold Loan Interest in Equitas Small Finance Bank?

You could calculate the interest in your Equitas Small Finance financial institution Gold mortgage the use of LendingWale EMI Calculator, which gives you included quantities based totally on the data you input into the calculator.

  • How to Pay Equitas Small Finance Bank Gold Loan Interest Online?

You may pay Equitas Small Finance bank loan interest online thru internet Banking at the professional Equitas Small Finance financial loan repayment web page. Otherwise, you can additionally refund your Equitas Small Finance financial institution Gold mortgage on Paytm using your preferred price manner.

  • What if I can’t pay the interest on Equitas Small Finance Bank Gold Loan for 3 months?

If you may no longer pay your Gold loan for three months, first off the financial institution will remind you of your due bills. And after that, If the payment requests go ignored an encouraging legal notice is sent traumatic the compensation and to finish off the mortgage. Non-price for your Gold loan will result in a diminishing of your credit score rating and also makes you legally responsible to face legal actions by using the bank in addition to seizure and public sale of your gold.

  • How can I apply for EMI Moratorium on Equitas Small Finance Bank Gold Loan?

You can apply now for an EMI Moratorium on Equitas Small Finance bank Gold loan now between 1st March and thirty-first August 2020 and needs to be finished by speaking the bank’s consumer care or with the aid of visiting the closest Equitas Small Finance financial institution branch.