Future Capital Gold Loan

Gold Loan at 1%* p.m.

Apply & Get Instant Money

Future Capital 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

What is Gold Loan?

Gold Loan is useful in many essences, but most important is that your gold will be at the safest place. Besides that bank takes full guaranty of your gold. Even if you want to put your gold in bank lockers safely and securely, then you have to pay to the bank for it, but the bank provides you locker only not security. So it’s better to get a Gold Loan, you will get money and security at the same time. Bank will be responsible for any miss happening.  Future Capital Gold loan is available at very fewer interest rates in many banks. So many nonbanking financial companies also provide you with a Gold Loan, and very less paperwork is required to complete these formalities.

Why Future Capital Gold Loan?

Future Capital Gold Loan provides you many features and benefits.

The loan sanction and disbursal process are fast and straightforward. The documents required are simple, and after submitting the necessary documents, the loan is issued instantly. Disbursement can be made either by a credit to the Savings Account or Current Account or any other appropriate account of the borrower.

The bank charges low-interest rates for Gold Loans so that the customers can afford the loan repayment easily without having to worry about the high-interest rates.

Eligibility of Future Capital Gold Loan:

There are some conditions that the applicant should fulfill to get a gold loan. These  are written below

  1. Age of the applicant should be more than 18 years and less than 75 years.
  2. Applicant should have gold in the form of coins/ jewelry/bricks. But the purity of the gold should be 18 carats to 22 Carat.

Future Capital Gold Loan Interest Rate:

  1. Interest rate starts from 7.11% of the principal amount for general purpose.
  2. Bank will provide you up to Rs. 20 Lakhs Bank will accept gold in all forms with purity 18 karat to 22 karats. You have to return the amount of loan within 24 months.

Basically, the rate of interest depends on the reason for which loan is taken, i.e., for

  1. Agriculture purpose (10.20% – 12.20%)
  2. Personal Medical Purpose (12.45% – 14.20%)
  3. Business Purpose (12.45% – 14.20%)

Future Capital Gold Loan Documentation:

  1. The whole process is straightforward and simple. Documents required in the very simple form. You instantly get a gold loan after issuing the documents. 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.
  2. Two passport size photos, a passport is needed because a passport has a name, age, address, and a photograph of the customer. If you have a passport, then there is no need to bring your address proof separately.
  3. 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.
  4. 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.
  5. Aadhar card provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.
  6. PAN card is the permanent account number that is provided to the customers, and it prevents the financial frauds. So it is also considered as an identity/residence proof. Pan card is an essential document under KYC (know your customer)
  7. Ration card also can be a residence proof because it provides enough information about the applicant.

About Future Capital:

Future Capital is a dominant public sector bank in India. Government of India holds 87.11% of the total shares. The bank has 15 million customers across the length and breadth of the country served through 1957 branches as of 5 April 2016. It has the most extensive network of branches by any public sector bank in the state of Maharashtra.

How to Apply for Gold Loan?

First of all, visit our site at www.lendingwale.com.

Fill all the important details mentioned and wait, our Relationship Manager will contact you as soon as possible and help you get Gold Loan.

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