Best Banks for Gold Loan in Balotra
Feature |
HDFC Bank |
Private Bank |
Muthoot Finance |
Interest Rate |
9.90% |
10.50% |
12% |
Min Loan Amt |
Metro : 25000, Non : 15000 |
25000 |
15000 |
Max Loan Amt |
1 Cr |
1 Cr |
1 Cr |
Loan Tenure |
3 months to 24 months |
9 months to 24 months |
1 month to 24 months |
Processing Fee |
0.25% to 1.50% of the Loan Amt |
0.25% to 1.50% |
Nil |
Preclosure Chgs |
2%, Nil foreclosure charges after 3 months |
2%, Nil foreclosure charges after 9 months |
Nil |
Overdraft Facility |
Yes |
Yes |
Yes |
Pay Only Interest Facility |
Yes |
Yes |
Yes |
Gold Rate Per Gram |
2500 |
2600 |
2700* |
Gold Loan Balotra Features
Need more cash?
Dialabank is there with their best offers of Gold Loan for you!
Being a secured type of loan, with money provided in within 2-3 hours with the least documentation
Financial help is given at low-interest rates; all you need to have is a good income source is a must for the applicant.
Due to varied prices, the loan is provided up to 75% of the market rate of gold.
Gold Loan Rate Per Gram Today in Balotra
Updated - Gold Loan Per Gram Rate w.e.f Apr 24 2024 |
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Gold Weight | Gold Purity 24 Carat |
Gold Purity 22 Carat |
Gold Purity 20 Carat |
Gold Purity 18 Carat |
1 gram | 4621 | 4290 | 3900 | 3510 |
10 gram | 46210 | 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 |
Gold Loan in Balotra Interest Rates and Charges
Feature
|
Gold Loan
Interest Rate
|
Processing Fee
|
Tenure
|
HDFC Gold Loan | 9.90% | 0.25 % - 1.50% | 3 - 24 Month |
Private Gold Loan | 10.50% | 0.25 % - 1.50% | 9 - 24 Months |
Axis Gold Loan | 10.50% | 0.50% - 1.50% | 6 - 24 Months |
Yes Bank Gold Loan | 10.50% | 0.50% - 1.50% | 6 - 36 Months |
SBI Gold Loan | 9.50% | 500/- to 0.50% | 6 - 36 Months |
Kotak Gold Loan | 11.00% | 1% to 2% | 9 - 24 Months |
IIFL Gold Loan | 12.00% | Nil | 3 - 11 Months |
Muthoot Finance Gold Loan | 12.00% | Nil | 1 - 24 Months |
Manappuram Gold Loan | 12.50% | Nil | 6 - 12 Months |
PNB Gold Loan | 11.00% | 0.70% to 1% | 6 - 12 Months |
Canara Bank Gold Loan | 10.75% | 1 % | 6 - 12 Months |
IndusInd Bank Gold Loan | 11.50% | 1% - 1.5% | 9 - 24 Months |
Gold Loan in Balotra Documents Required
Applying for a gold loan needs the following:
- Signature proof (Driving License/Passport Copy/Banker’s verification/cheque any one of them).
- Proof of Identity (Voter’s ID card/Passport Copy/ Driving License/Aadhaar card any one of them).
- Thirdly, 2 Passport sized photographs.
- Address proof (Telephone or Electricity Bill/ Ration card/ Rental bill/ Passport copy/Sales Tax certificate/Trade license /Shop & Est License any one of them).
Additional Documents Required for Gold Loan in Balotra
You need to submit:
- The Certificate from the Jewel Appraiser which bank will arrange.
- Secondly, a Demand Promissory Note.
- Land Proof for Agricultural Loan exceeding Rs. 1 lac; not necessary for allied agriculture purposes.
- Income Proof as a Salary Certificate and Form No.16.
Gold Loan in Balotra Eligibility Criteria
Minimum age of the applicant must be 21 years to maximum 60 years and the nationality should be Indian.
How to Apply for Gold Loan in Balotra
Online Process to Apply for Gold Loan in Balotra
We recommend Private, Axis, HDFC and others to apply for a loan or reach Dialabank online by filling up simple user-friendly form details.
Dialabank provides you with pick-up facility of your documents from your door in and around Balotra. And you will receive a call from our highly trained representatives.
Further information can be obtained at +919878981166.
Dialabank is well-rated among its customer base as:
- Dialabank is the first financial helpline in India providing the best known financial services to its customers in the country.
- You can get a high Loan-to-Value (LTV) of your gold with us.
- Dialabank charges no additional cost of applying for a gold loan online on the website given below.
- Processing your gold loan via Dialabank requires minimal paperwork/documents.
- Dialabank is connected to HDFC, Private, Axis, Muthoot, Yes bank and a lot more of them.
- Besides that, the bank has a high reputation among its customers because of its best and fast procedures.
- Relationship managers are highly trained to guide and serve you in the entire process of Gold Loan approval.
- Applying for a gold loan on Dialabank will get low Gold Loan Interest Rates.
- Dialabank provides a facility of document pickup from the applicant’s doorstep to ease everything for you.
Offline Process to Apply for Gold Loan Balotra
Alternately, the applicant can refer to the offline method of application by searching ‘Gold Loan near me’ or Gold Loan Balotra on google. The closest bank branches and finance companies providing loans near your location, then select them according to your preference and knowledge. However, Dialabank can do that for you easily.
Some banks and finance companies can approve the loan process faster. Our recommendations are HDFC Gold Loan branches and Muthoot Gold Loan branches. But if you choose to go with a physical branch which is near you, you might have to visit the responsible departments to apply for the loan, again and again, before than loan gets finally approved as it is a complex process.
Processing Fees / Prepayment Charges on Gold Loan Balotra
CIBIL Score Required for Gold Loan Balotra
No CIBIL score is required for Gold Loan, it is just a gold article you need to have.
A good CIBIL score is a must before applying for a loan other than a gold loan, which a foundation for your application. Every lending institution has its own criteria for the minimum required CIBIL score for processing a Loan application in Balotra. Most of the institutions require a minimum CIBIL score of 750 to process your loan application.
Many firms also look at the detailed behaviour on the previous loans taken by you, including details on the type of loan and the loan amount, payment schedules and if all deadlines are met while repayment. CIBIL score should be good before applying for a loan is always a good deed.
FAQs About Gold Loan
- How does Gold Loan work?
Gold Loan is very simple to understand. Various Banks /NBFC provide funds against your gold ornament. Its amount depends upon the weight of gold. - Gold Loan is secured?
Yes, notably, the loan on gold comes in the category of secured loans. In such a loan, the candidate is required to put his/her ornaments in bank locker as a security or collateral. - What happens if you do not repay a Gold Loan?
If the borrower is not able to meet the loan repayment on time, then the bank is liable to sell the gold ornaments. - To get a gold loan do I require a co-applicant?
No, you do not need to have any co-applicant to avail a Gold loan. - Is Gold loan as compared to a Personal loan?
Yes, the Gold loan is better than Personal Loan because in case of Gold Loan, banks/NBFC’s take gold ornament or coin as collateral, whereas in case of the latter, which is unsecured, carries higher interest than a gold loan. - What is the best platform online to avail a gold loan?
Dialabank is the best platform to avail a loan and provides you hassle-free process with the lowest interest rate in the market as compared to others. - Are there fees payable for the Gold Loan?
Yes, you have to pay the loan processing fee, which is non-refundable along with the Valuation fee.
Gold Loan in Other Cities in Rajasthan
Gold Loan Behror | Gold Loan Phalodi |
Gold Loan Bhiwadi | Gold Loan Nathdwara |
Gold Loan Bundi | Gold Loan Adarsh Nagar |
Gold Loan Anupgarh | Gold Loan Chhabra |
Special Note: Always check Gold Loan Rate Per Gram before applying for loan against gold.