Gold Loan Warangal

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Gold Loan Warangal

Major Gold Loan Providers in Warangal

Feature HDFC Bank SBI
Muthoot Finance
Interest Rate 9.90% onwards 7% onwards 12% onwards
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
Pre-closure Charges 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 3066 3073 3073

Gold Loan Warangal Features

Gold loan warangalThinking about taking a loan but can’t decide which one is the best option? Are you facing financial issues in business but don’t have funds? Looking for a way to fund your daughter’s higher education without spending your savings? Then we have a solution for you with a gold loan you can resolve all your financial issues in no time. It is one of the fastest ways one can take the loan amount from the bank at the Lowest Gold Loan Interest Rate.
Are you in need of urgent cash and thinking as to what to do about it? If yes, then the gold lying in your lockers can help you a lot. Today, many banks and financial companies are offering Gold Loans to people to help them in an emergency.  These loans require you to put some gold as collateral with the lender.
Gold Loan is a loan given against gold typically jewelry because banks do not consider other types of gold like coins or bars. The main advantage of availing a gold loan is that there will be no lengthy documentation or any other assessments as it happens in personal loans. Also, there are just a few eligibility criteria for the Gold Loan which the applicant has to fulfill to avail the loan. The precious gold will be kept safe in the secured bank lockers.

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Key Features:

Get Loan in 30 Minutes
Highest Gold Rate in India
100% Safety of Your Gold
Minimum Documentation
Without EMI Gold Loan
Gold Loan in 1 Visit
No Melting of Gold
24 x 7 Online Payment Facility
No Hidden Charges

You Can Call and Speak with a Gold Loan Relationship Manager on 9878981144.

Gold Loan Warangal Interest Rates Apr 20 2024

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%

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Gold Loan Per Gram For All Major Bank in Warangal Apr 20 2024

Bank / NBFC Rate Per Gram Interest Rate Gold Loan Tenure Min - Max Loan Amount
HDFC Gold Loan ₹ 3,506 to ₹ 4,621 9.90% 3 to 24 months ₹ 10 thousand to 5 crore
Private Gold Loan ₹ 3,506 to ₹ 4,821 10.00% 6 to 12 months ₹ 10 thousand to 5 crore
Muthoot Finance Gold Loan ₹ 3,506 to ₹ 4,621 12.00% 7 days to 36 months ₹ 3 thousand to 1 crore
Manappuram Gold Loan ₹ 3,506 to ₹ 4,621 12.25% 12 months ₹ 3 thousand to 1 crore
Canara Bank Gold Loan ₹ 3,506 to ₹ 4,621 10.25% 36 months ₹ 20 thousand to 50 lakh
Axis Bank Gold Loan ₹ 3,506 to ₹ 4,621 10.00% 3 to 36 months ₹ 10 thousand to 5 crore
SBI Gold Loan ₹ 3,506 to ₹ 4,621 9.75% 12 to 36 months ₹ 20 thousand to 50 lakh
Indian Bank Gold Loan ₹ 3,506 to ₹ 4,621 7.50% 3 to 36 months ₹ 20 thousand to 50 lakh
Bank of Baroda Gold Loan ₹ 3,506 to ₹ 4,621 10.25% 12 months ₹ 20 thousand to 50 lakh
Yes Bank Gold Loan ₹ 3,506 to ₹ 4,621 10.25% 12 months ₹ 10 thousand to 5 crore
IIFL Gold Loan ₹ 3,506 to ₹ 4,621 12.00% 11 months ₹ 3 thousand to 50 lakh

Gold Loan Eligibility Criteria in Warangal

Minimum and Maximum Age
21 Yrs – 60 Yrs
Note: However, many banks require a minimum age of 23 years
Loan Amount
Up to ₹ 2 Cr. Some banks restrict maximum eligibility to ₹ 20 Lakh
Interest rates are lower for a higher loan amount
Employment Type
Salaried and self-employed both are eligible
Businessmen are increasingly taking gold loans to meet their working capital requirements.
In fact, housewives, senior citizens who are not eligible for other loans because they have no income proofs can easily avail of gold loans.
Quality of Gold
Gold ornaments should range in between 18 to 24 Carats
An average gold price of 22-carat gold for the preceding 30 days is adjusted down for purity. So, the price of 20 Carat jewellery can be estimated by multiplying the price of 22 Carat jewellery by a factor of 20/22
CIBIL Score
Banks do not check CIBIL score for granting a gold loan
However, your repayment track record for a gold loan is counted towards your CIBIL score and hence, can be instrumental in building your CIBIL score
Gold ornaments that can be used for availing loan
Gold bars and coins
Gold with 18-24 carat purity
Employment track record and income proofs
Banks do not check your job stability or business stability to sanction you a gold loan. Gold loans are granted without income proofs. You only need to submit your basic KYC documents such as address proof, identity proof, and an Aadhaar card to avail of this loan.

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Documents for Gold Loan Warangal

At the time of application the following documents are required:

  • Proof of the citizenship of India
  • Duly filled application form
  • 2 passport-sized photographs
  • Applicant’s KYC documents to establish Identity and Address
  • Salary/ Income Proof
  • Witness Letter in case of illiterate borrowers
  • In the case of Agriculture Loan of more than Rs. 1 lac, land proof
  • Certificate by the Jewel Appraiser (Bank will arrange)

At the time of disbursement the following documents are required:

  • Demand Promissory Note & Demand Promissory Note Take Delivery Letter
  • Gold Ornaments Take Delivery Letter
  • Arrangement Letter

Eligibility Criteria for Gold Loan Warangal

  1. Applicant’s age must be above 18 years and below 65 years.
  2. Applicant must be an Indian citizen.
  3. Minimum gold must be 10 gm to avail gold loan.
  4. Gold must be between 18 carats to 22 carat.
  5. A gold loan can be availed only on a jewelry.

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How to Apply for Gold Loan Warangal

Online Process to Apply for Gold Loan Warangal

The process of availing a gold loan is simple with Dialabank. You can contact 9878981144 any-time for any assistance or help. Our experts will guide you through the journey. To apply online, the steps that are required to be followed are:

  • Visit our site www.dialabank.com.
  • Enter your details and fill the form.
  • Our relationship manager will call and assist you through the entire process.

Dialabank is considered as the best platform to apply for a gold loan online. There are so many reasons behind this.

  1. First of all, Dialabank is India’s first financial helpline; it provides the best financial services to customers all over the country.
  2. Besides that, the bank has a good reputation among the customers because of its best services.
  3. Another reason, if you apply for a gold loan on Dialabank, then you will get a low Gold Loan Interest Rate.
  4. Also, Dialabank provides a document pickup facility from the doorstep of the customer.
  5. One more important thing is that the Dialabank guides the customers free of cost. That is, there are no additional charges of applying for a gold loan online on the website of Dialabank.
  6. Also, while applying for a gold loan per gram through Dialabank, very little paperwork is required.
  7. One more thing is that you will get a high LTV of your gold.
  8. Finally, the Relationship managers are trained enough to guide you in the entire process of Gold Loan.

Offline Process to Apply for Gold Loan Warangal

You can visit the branches near your location to avail gold loan per gram Warangal. But, that would reduce your chances of availing of the best offers. Also, you would not get a pick-up facility for your documents that is available only with Dialabank.

Processing Fees / Prepayment Charges on Gold Loan Warangal

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

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EMI Gold Loan Scheme with Bullet Repayment Scheme Comparison

Monthly Payment EMI Scheme (₹)
Bullet Repayment (₹)
Month 1 27007 3625
Month 2 27007 3625
Month 3 27007 3625
Month 4 27007 3625
Month 5 27007 3625
Month 6 27007 3625
Month 7 27007 3625
Month 8 27007 3625
Month 9 27007 3625
Month 10 27007 3625
Month 11 27007 3625
Month 12 27007 3625
Bullet Payment (At the end of 12 months)
  ₹ 3 Lakh
Total Payment ₹ 3.24 Lakh ₹ 3.44 Lakh

CIBIL Score Required for Gold Loan Warangal

There is no need for CIBIL score for Gold Loan Warangal.

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Compare Gold Loan Rate Per Gram and Lowest EMI of All banks in Warangal

Bank Interest Rate Lowest EMI Per Lakh
Eligible Loan Amount For Max Tenure
SBI Gold Loan 7.50% Rs. 3,111
Rs. 20 Lakh for 36 months
Muthoot Gold Loan 11.99% Rs. 3,321
Rs. 50 Lakh for 36 months
Manappuram Gold Loan 12.00% Rs. 8,885
Rs. 1 Cr for 12 months
HDFC Bank Gold Loan 9.90% Rs. 4,591
Rs. 50 Lakh for 24 months
Yes Bank Gold Loan 9.99% Rs. 3,226
Rs. 50 Lakh for 36 months
Private Bank Gold Loan 10.00% Rs. 8,792
Rs. 15 Lakh for 12 months
Federal Bank Gold Loan 8.50% Rs. 8,722
Rs. 75 Lakh for 12 months
Canara Bank Gold Loan 7.65% Rs. 8,683
Rs. 10 Lakh for 12 months
Andhra Bank Gold Loan 10.70% Rs. 8,824
Rs. 2 Cr for 12 months
Axis Bank Gold Loan 13.00% Rs. 4,754
Rs. 20 Lakh for 24 months
IndusInd Bank Gold Loan 10.00% Rs. 8,792
Rs. 10 Lakh for 12 months
PNB Gold Loan 8.75% Rs. 8,734
Rs. 10 Lakh for 12 months
Fincare Small Finance Bank Gold Loan 12.99% Rs. 11,721
Rs. 40 Lakh for 9 Months

Gold Loan Warangal Agents

Dialabank is the leading agent for availing Gold Loan Warangal. You can apply online at www.dialabank.com or give a call at 9878981144.

Dialabank helps you to find the best option of Banks and NBFCs by providing you with a detailed market comparison of different banks so that you can make the right choice. Visit our website www.dialabank.com and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.

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Gold Loan Warangal Contact Number

Call 9878981144 and get instant help and approval for Gold Loan Warangal.

Pre Calculated EMI Table for Gold Loan Warangal

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

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About Warangal

Warangal is a city in the south Indian state of Telangana. It was the capital of the Kakatiya dynasty from the 12th to 14th centuries, and many intricately carved monuments from this period still stand. Among them are the ruins of 13th-century Warangal Fort and the Thousand Pillar Temple, built-in 1163. Set on a lake, Bhadrakali Temple dates to the 7th century and is dedicated to the Hindu goddess Kali.

गोल्ड लोन वरंगल के बारे में हिंदी में जानिए गोल्ड लोन वरंगल

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FAQs About Gold Loan

✅ Can a minor apply for a gold loan?

No, only those who are above 18 years of age, are Indian residents and own gold jewelry of a minimum value of 18k can apply.

✅ Can I apply with a bad credit history?

Yes, you can! A gold loan doesn’t depend on your credit history and thus is much more convenient to avail of.

✅ Do I need an income proof?

No. The only documents you need for a gold loan are id proof, signature proof, address proof, and 2 photos.

✅ Should I be worried about my ornaments?

This is something you don’t need to worry about. Banks keep your gold in the lockers of high-quality material and surveillance is deployed for 24 hours a day.

✅ Is it compulsory to repay my loan in cash?

If you aren’t comfortable in cash, you can repay your entire loan in the form of demand drafts, cheques, or even online transactions.