Gold Loan

Gold Loan at 1%* p.m.

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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

Gold Loan Advantages

Gold Loan is a very simple concept and in this type of loan, A customer pledges gold such as jewelry, ornaments etc. as security for taking the loan. This type of loan is useful if you are in need of money for immediate expenses. And also expect to be able to pay it back in the short term. It is cheaper and faster as compared to personal loan. The banker uses the gold as security against latent mortgage default by the customer. The loan that is against gold is a specific percentage of the value of the gold. The gold has been pledged and the loan is sanctioned after analysis of basic documents. The amount is then given to the customer in the form of cash, account transfer or demand draft. These are short-term loans as well as the repayment period can vary from one month to a few years.

  1. Easy and Hassel -free Process
  2. Approval in 30 minutes
  3. Simple Documentation
  4. Dedicated Assistance
  5. Lowest Rate Of Interest

In rural areas Agricultural loan against gold is also available for agriculturist at very nominal rate of Interest of 7%-8%, proof of agricultural document needs to be provide

Gold Loan Interest Rate

  1. Generally gold loan is available at the interest rate of 7.11% to 14.5%
  2. ROI for tenure less than 1 year is also available at 1%
  3. Borrower will be given an option to pay only interest during the entire term and at the end of the tenure, you can pay complete borrowed amount in a single shot

Eligibility & Documents

Age: 21 years and above.

Profession: Anybody with Steady source of income including: Bank’s Employees, Pensioners

Documents:
Identity Proof (Passport Copy/ Voters ID card/ PAN Card/Aadhaar Card).
Address proof (Passport/ Electricity Bill/Telephone bill/ Aadhaar Card).
Signature proof ( Passport/ PAN Card/Banker’s verification/ cheque).
2 passport size photographs

Gold Loan at 1%* p.m.

Apply & Get Instant Money