Suryoday 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|
What is Gold Loan?
Gold Loan is the loan which a customer keeps their Gold ( including gold coins, jewelry, ornaments) as collateral for taking the loan from the banks or financial institutions. The Gold which is with the bank act as a security for the bank against a default made on behalf of the customer. Previously Gold was used to show off, but nowadays, Gold is not only for a showoff purpose, but it has proved to be an expensive product in case of financial need. Many financial institutions are providing loan against the Gold to their needy customers. With Suryoday Small Finance Bank Gold Loan, you can quickly get the required financial help within a short period of time.
Documents for Suryoday Small Finance Bank Gold Loan:
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.
- Residence proof: It can be an 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.
- Aadhar card: Provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.
- 2 passport size photos,
- Driving license: It 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.
- A PAN Card: It is the permanent account number that is provided to the customers, and it prevents the financial frauds. So it can be an identity/residence proof. Pan card is an essential document under KYC (know your customer)
Eligibility for Suryoday 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.
Features of Suryoday Small Finance Bank Gold Loan:
- Firstly, the bank takes care of its customers gold.
- Secondly, the loan amount ranges from a minimum in thousands to a crore.
- Thirdly the loan proessing of the bank is very fast.
- The bank does not have any issue with Bad credit history/ CIBIL score of the customer.
- Also, the rate of Interest charged by the bank is very low.
- The documents required by the bank are also very less
- Furthermore, Flexible repayment options are provided by the bank.
- The Gold loan interest charged by the bank is 7.11%
- The processing fees is very low i.e. 0.85%
- The preclosure charges range from 0-2 %
- The minimum tenure is of 6 months, and the maximum is 5 years.
- The amount varies from Rs. 1000 to 1 crore.
About Suryoday Small Finance Bank:
Survoday small finance is a private sector bank. The bank was set up in 2018. The bank is doing its best when it comes to providing financial services to the customers. There are various products offered by the bank to the customers, which includes loans, insurances, wealth management, and banking. Moreover, the bank provides the gold loan to the customers at very easy rates of Interest.
How to apply through lendingwale?
We understand the value of your time, so here we are providing a convenient way to apply for the loan.
- You can apply for the Suryoday Small Finance Bank Gold Loan from lendingwale.com.
- You 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.