Kotak Mahindra Bank Gold Loan

Kotak Mahindra Bank Gold Loan Key Features – Apply Now!

Advantages of Kotak Mahindra Bank Gold Loan:

• Quick Processing: Kotak Mahindra Bank acclaim the loan hurriedly and smoothly. 60 minutes is the maximum time needed for the process.
• Minimal Documentation: Fundamental procedure should be followed, that is; Only necessary documents should be brought to the bank.
• Transparent System: The Kotak Mahindra Bank offers a very fair and direct system that involves no-undefined fees.
• Loan Amount: The extent of loan given to the applicants in Kotak Mahindra Bank is Rs. 15000 that decreases to Rs. 10000 for the people belonging to rural zones.
• Security of Jewelry: Kotak Mahindra Bank takes the guarantee for the gold assets lent by the borrowers. It should be protected from fire-catching vaults.
• Loan Tenure: The residence of the gold loan in Kotak Mahindra Bank is from 3 months to 2 years. Choose according to your requirements.
• Advantages for Farmers: Providing some unique advantages to the farmers can be of great help by Kotak Mahindra Bank.
• No Debt Trouble: Debt allegations are not linked to the applicants who are not able to repay the amount.
• No Income bounds: Income criteria do not define the structure for availing gold loan to the needful individuals in Kotak Mahindra Bank.

How Much Gold Loan can I Get through Kotak Mahindra Bank Gold Loan:

Kotak Mahindra Bank Gold Loan Per Gram – Updated September 2020

About Kotak Mahindra Bank Gold Loan:

Kotak Mahindra Bank is the most prestigious banking institution that provides loans to the requisite who need budgetary help and wants their gold to be safe and secure thus, the Kotak Mahindra Bank avails gold loan at cheap banking rate with a simple documentation process and high funding. It suffices with amazing offers and loans.

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

Types of Kotak Mahindra Bank Gold Loan:

• Loan Against Gold –Kotak Mahindra Bank dispenses loans to individuals at an affordable rate of interest related to other types of loan availability. Gold Loan is a trusted loan, it provides loans at the merest interest rate and thusly, the Kotak Mahindra bank is lending a huge sum to the borrowers without a worry.
• Loan Against Gold for Agriculture – Kotak Mahindra Bank comes up with various plans for the gardeners. They present them the loan at a low-cost of interest unlike other loans used for different possibilities. The bank needs land evidence for the same.

Kotak Mahindra Bank Gold Loan EMI Calculator:

How to Pay Your Kotak Mahindra Bank Gold Loan EMI?

• Standing Instruction (SI): If you are currently an account holder with Kotak Mahindra Bank, then Standing Instruction is a suitable idea of reimbursement. Your EMI amount is credited towards the end of the month to month quantity from the Kotak Mahindra Bank account.
• Electronic Clearing Service (ECS): This event is performed when you have a non-Kotak Mahindra Bank record and probably need your EMIs to be debited in the month lasting period from the recent record.
• Post-Dated Checks (PDC): You can show your post-dated EMI reports from a non-Kotak Mahindra Bank statement at your nearest Kotak Mahindra Bank loan Center. An advanced PDCs should be presented instantly.

The Kotak Mahindra Bank Gold Loan Contact Number:

Dial 9878981144 to learn more about Kotak Mahindra Bank Gold Loan features, best deals, and offers available in every branch of Kotak Mahindra Bank in the whole nation.

Gold Ornaments Accepted by Kotak MahindraBank :

• Gold Jewelry-  Kotak Mahindra Bank accepts gold as in, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments.
• Quality- The qualitative value of gold should lie between 18-22 carats.

Use of Kotak Mahindra Bank Gold Loan:

• Fulfill personal as well as professional requirements like education expense, travel expense, housing, hiking, etc.
• Fulfill marketing needs and deals and by purchasing original stock, publicizing the market.
• Green producers need loan for fulfilling their basic needs along with the agricultural-related practices.

Gold Loan Interest Rate of Major Banks