Gold Loan Vijayanagar

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Gold Loan Vijayanagar

Gold is considered as a status symbol especially in India, buying and selling gold is an old tradition of Indian culture. However, the availability of gold loan Vijayanagar provides a different scenario of how people use this precious metal. Nowadays people buy gold not only for their status symbol but to secure their future. Gold Loan is a kind of secured financial service it is also known as Loan against Gold.

What is Gold Loan?

Gold Loan is an easy and straightforward way to get instant finance. A gold loan is a loan secured against gold pieces of jewelry or ornaments. Gold loan is a loan that is given against particular physical security of gold. You have not to look further because in India most of the households have gold that has been passed on from one generation to another. So, in this case, one can take a Gold Loan with low-interest rates and your precious gold will be kept safe with the prestigious banks till the tenure of the loan.

Features of Gold Loan Vijayanagargold Loan Vijayanagar

  1. You get 100% Safety & Security of your Gold Jewellery
  2. Get your Loan processed in less than 30 minutes
  3. It takes just a few minutes to sanction a Gold Loan Vijayanagar.
  4. The money is offered to the customer after a quick evaluation of gold.
  5. Gold Loan Vijayanagar is free from the hassle of lengthy paperwork.
  6. Easy repayment schemes.
  7. Gold Loan Vijayanagar requires Minimal Documentation.
  8. You can avail Loan up to Rs.1 Crore or more & up to 70% of value for any purpose
  9. Low-interest rates on Gold Loan Vijayanagar.
  10. Enjoy Anytime Liquidity.

*For more expert and unbiased advice on a Gold loan, please give us a call on +91-98789-81166 or 033-60011600

Gold Loan Vijayanagar Interest Rates

Bank Interest Rate
HDFC Bank Gold Loan 9.9% to 14%
Axis Bank Gold Loan 10.50% to 16%
Private Bank Gold Loan 10.75% to 16%
SBI Gold Loan 9.5 % to 13%
Kotak Gold Loan 11% to 14%
IIFL Gold Loan 9.24% to 24%
Muthoot Gold Loan 12% to 24%
Manappauram Gold Loan 12% to 26%
PNB Gold Loan 10.05% to 16%
Canara Bank Gold Loan 9.75 % to 13%
Andhra Bank Gold Loan 10.70% to 16%

Eligibility of Gold Loan Vijayanagar

  1. Should be between the ages of 18 and 65 years
  2. Must be an Indian citizen
  3. Must have gold more than 10gm

Documents required for Gold Loan Vijayanagar

  1. Proof of Identity: Driving License/Passport Copy/ Voters ID card
  2. Address Proof: Tel, Electricity Bill/ Rental bill/ Passport copy /License-Sales Tax certificate/Ration card/ /Trade license /Shop & Est.
  3. Signature Proof
  4. Passport Copy
  5. Banker’s verification/cheque.
  6. Driving License
  7. 2 passport size photographs.

How to Apply for Gold Loan Vijayanagar?

Now you can apply online for Gold Loan by sitting at your home with one click. All the services will be provided to you by our customer relationship managers who will help you choose the right type of loan for you with the right bank and the loan will be approved on the basis of gold loan per gram

  1. Just fill a simple form displayed on our website related to your details so that our customer care department can check your financial status and your eligibility for the loan that you have applied.
  2. Our Customer Relationship Managers will contact you and will guide you to the right bank with low gold loan interest rate
  3. The bank executives will arrive at your doorsteps to collect the required documents for the loan.
  4. Only at the time of submission of gold you have to pay a visit to the bank, the rest will be taken care of by the bank’s executives.

Processing Fees / Prepayment Charges on Gold Loan

Bank
Processing Fee
Prepayment Charges
HDFC Bank Gold Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 3 months
Axis Bank Gold Loan
0.50% to 1.50%
Nil
Private Bank Gold Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 9 months
SBI Gold Loan
500/- to 0.50%
Nil
Kotak Gold Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Gold Loan
Nil
Nil
Muthoot Gold Loan
Nil
Nil
Manappauram Gold Loan
Nil
Nil
PNB Gold Loan
0.70% to 1%
Nil
Canara Bank Gold Loan
1%
Nil
Andhra Bank Gold Loan
Nil
Nil

Pre Calculated EMI Table for Gold Loan 

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

About Vijayanagar

Vijayanagara has a very rich history behind it, and it was the capital of the renowned Vijayanagara Empire. The name of the city translates as ‘City of Victory.’ It was considered as the most powerful kingdom in South India.