Capital First Bank Gold Loan

Capital First Bank Gold Loan Key Features – Apply Now

Capital First Bank Gold Loan Interest Rate	7.25% per annum
Capital First Bank Gold Loan Rate Per Gram	Rate Per Gram is ₹ 3,800 to ₹ 4,350
	1.0% of the Principal Loan Amount
Capital First Bank Maximum Loan Amount	Up to Rs. 1 Crore (With Income Proof)
Capital First Bank Minimum Loan Amount	75%  LTV
Capital First Bank Gold Prepayment Charges	2%+GST (Within 3 Months), 0 (After 3 months)
Capital First Bank Gold Repayment Tenure	Up to 10 years
Capital First Bank Gold Repayment Scheme	Bullet Payment Scheme, Overdraft Scheme

About Capital First Bank Gold Loan

A bank always understands the value of an applicant’s trust, satisfaction, capital, and it always tries to give an assurance of worthiness to its candidates in their rough and tough times through this Capital First Bank Gold Loan. Capital First Bank Gold Loan is one of the fastest loans with a cheap rate of interest.

Capital First Bank Gold Loan is a very trouble-free loan facility with no EMI tension and easy and faster approval. Capital First Bank Gold Loan gives capital for helping in education, holiday, agricultural needs, and much more.

• The rate of interest is 7.25% per annum for the Capital First Bank Gold Loan
• Gold Loan Per Gram of Capital First Bank is ₹ 3,800 to ₹ 4,350
• Period for reimbursement of  Gold Loan is up to 10 years after 1-year renewal
• The processing fee is 1% + GST for the Gold Loan

Loan one can get through Capital First Bank Gold Loan.

The rate of Capital First Bank Gold Loan per gram results in ₹ 4,129. 22-carat ornaments are calculated with the LTV of 75% in a maximum way. There are changes in the price of the god as per the loan per gram daily.

Capital First Bank Gold Loan Per Gram – updated Apr 26 2024

₹ 3,800 to ₹ 4,350

Why Choose Capital First Bank Gold Loan?

Several financial service providers and non-financial institutions provide Gold Loan. But why choose Capital First Bank Gold Loan? Here are some reasons:

• There is a commitment towards the applicants from the financial service provider.
• The loan amount minimum is thousands and maximum till 1 crore.
• Rapid processing.
• CIBIL score or credit score is not important.
• Rapid processing and withdrawal
• Cheap rate of interest
• Easy documentation.
• Payment options available as per you are suitable

Advantages of Capital First Bank Gold Loan

1. Immediate Gold Loan – The total loan in Capital First Bank Gold Loan starts from Rs 10,000 till Rs 1 crore.
2. Gold Jewels – The loan can only be taken on loan junks.
3. Loan Period – A maximum period of 10 years is available while applying for a gold loan.
4. Gold Value – For estimating the purity of gold, a qualified evaluation will be appointed by the Capital First Bank.
5. Safety and Care – After the purity of gold is checked, it gets sealed in a pouch, packs, and placed in the dome of the bank. The applicant stays in front when all of these things happen. This assures them that the gold is safe with the bank.
6. Endorsement Duration – It takes only 30 mins to get a gold loan.
7. Foreclosure charges – Capital First Bank charges a borrower up to 0.50% of the loan amount as foreclosure charges. 

Age	18-75 years
Requirements	Gold ornaments (18-22 carats)
CIBIL score	Above 500

Capital First Bank Gold Loan rate of interest, Charges

Capital First Bank Gold Loan Interest Rate	7.25% per annum
Processing Fee	1% of the loan amount
Renewal Fees	Rs 250- Rs 500 (depending on the loan amount)
Loan Amount	₹ 10,000 to ₹ 1 crore
Prepayment Charges	1% of the outstanding principal amount
Document Charges	Rs 199 (for loans up to 1-year tenure)

Capital First Bank Gold Loan At Home

With the changing needs of the times, Capital First Bank has come across a simple yet valuable solution that will make everything easy for you. Just like your necessary commodities such as groceries, clothes and much more, everything is provided at your doorstep, in the same way, now, you can quickly get a gold loan at the comfort of your home.

If you are in urgent need of funds or too busy to visit a bank or prefer social distancing, Capital First Gold Loan At home is a one-step solution. The process is straightforward. You need to give us a call to put in your request for a gold loan. Our executive from the nearest branch will visit your home at the earliest. Everything will be done at your home in your presence, from the evaluation of the loan documentation to the transfer of the loan amount. Furthermore, there are many benefits of Capital First Bank Gold Loan at Home: 

• Fast loan approval
• Lower interest rates
• Maximum value of gold
• Flexible repay tenures
• Easy payment options
• No additional charges
• 24*7 customer support
• Full security of the gold 
• No hidden fees
• Service at your doorstep within 30 minutes

Documentations required for the capital first bank gold loan

Identity Proof	Aadhaar Card/ Passport/ Voter ID (Anyone)
Residence Proof	Aadhaar Card /Pan Card/ Ration Card/ Utility Bills on the name of the applicant/ Rental Agreement of applicant/ Voter ID card (Anyone)
Agriculture Proof ( if applicable)	Agriculture Land Ownership Proof
Photographs	2 Passport sized (Coloured)

Types of Capital First Bank Gold Loan

• Buller Repayment – When it comes to the repayment of a loan, this is the short-duration loan against gold. The debtor has to pay the Capital First Bank Gold Loan for the entire time of the loan. The total amount for the reimbursement is to be done in the loan period.
• Overdraft Facility – This is mostly used by self-employed individuals as per their fund requirements for business people. In this category, an individual can take a loan for their needs and requirements.
• EMI Facility – Here, the applicant can reimburse the loan payment against gold. In this, an applicant has to pay every month in the form of monthly payments. This consists of the main amount and Capital First Bank Gold Loan.

 Apply Online for the Capital First Bank Gold Loan

Applying online with Dialabank is not a very hard process. It’s a very simple and 2-minute process where after logging in, a bank representative will contact you.

• Firstly, visit the Dialabank page from google.
• Secondly, start filling the gold loan form with all the information they are asking for.
• Thirdly, the representative from the bank will contact you on the contact number given.
• Fourthly, choose the loans per your requirements and take the benefit of Dialabank service.

How to Pay Your Capital First Bank Gold Loan EMI?

Your development of Capital First Bank Gold Loan can be restored in three different ways.

1. Standing Instruction (SI) – This is the best way to pay your Capital First Bank Gold Loan if you are a current applicant in the bank. The amount of EMI will be charged by the end of each month simultaneously from the Capital First account.
2. Electronic Clearing Service – If you are a non-capital first bank, then use this method as this will help your EMI to be charged as a result until the end of the monthly cycle from this record.
3. Post-Dated Checks – From a non-Capital first bank, one can submit an expired EMI check to the adjacent Capital First bank loan branch. The collection of Post-Dated Checks will be at non-ECS locations.

Gold Ornaments accepted by Capital First Bank 

• Capital First Bank Gold Loan takes only 18 and 22 carats of gold.
• Only gold jewellery is acknowledged as security by Capital First Bank Gold Loan.
• Imprinted coins are not approved.

Uses of Capital First Bank Gold Loan

• Faster processing – Gold loans are described as one of the most secured loans. There are no major documentation required, no guidelines, and thus makes it faster.
• Lower Gold Loan Interest Rate – when it comes to comparing personal loans and gold loans, the latter is the most secured with affordable interest rates on the loan amount.
• Multipurpose – there are many purposes for which you can use this loan like be it for weddings, holidays, medical bills, and more.
• Business Purpose- one can also take a Capital First Bank Gold Loan for shopping, generating sales, and more.
• Agricultural Purpose- There are distinct interest rates on the gold loans for cultivation tenacity.

Capital First Bank Agricultural Jewel Loan Scheme

Scheme	Capital First Agricultural Jewel Loan Scheme
Interest Rate	Starting from 7.25% per annum (depends on the sum of the loan
Least amount of Loan	It depends on the value of the jewel which is being kept as security
Loan period	Adjustment of advance sum inside 2 months from the date of reap of yields

Benefits of Capital First Bank Agricultural Jewel Loan Scheme

• Up to ₹ 25,000, there is no processing fee.
• A minimal amount of ₹ 300 or 0.30% of the loan amount on the amounts above 25,000 till 5 lakhs.
• A minimal amount of ₹ 1500 or 0.28% of the loan amount on the amounts more than 5 lakh till less than 1 crore.

Capital First Bank gold loan Interest Rate for Different Scheme

Capital First Bank gold loan development for horticultural needs under two different categories of Bumper Agri Jewel Loan and other Agri Jewel Loan. The price for the two classes are:  

For Bumper Agri Jewel Loan	For Other Agri Jewel Loan Products
Fixed: 8.50%	starting from 11.50 %

Capital First Bank Gold Loan Overdraft Scheme

Capital First Bank Overdraft Scheme provides the loan amount as an overdraft facility. It works like a Credit Card, where the Gold Loan Amount is spent as necessary. The overall loan amount has a Credit/Loan Limit. In the Capital First Bank Gold Loan Overdraft facility, interest is charged only on the amount that is withdrawn.

Note: RBI has decided to increase the LTV ratio for Gold Loan from 75% to 90% till 31st March 2021.

FAQs About Capital First India Bank gold loan

✅ What are the documents required for the Capital First Bank gold loan?

• Address proof like driver’s license, Aadhaar card, passport, and voting ID
• Identity proof like a driver’s license, Aadhaar card, passport, PAN card, voting ID, etc.
• On behalf of the applicant, proof of agricultural, commercial land.
• Proof that harvesting will get better.

✅ Who can apply for the Loan? 

Every farmer is ready to get a loan as soon as possible as loans are provided for agriculture.

✅ What are the primary highlights of the Agricultural Jewel Loan Scheme?

• There are no hidden charges.
• Gem appraiser and administrative costs will be important.
• The rate of interest is cheap.
• The reimbursement program is profitable.
• The front cycle is simple and trouble-free.

✅ What is Capital First Bank Gold Loan?

Capital First Bank gold loan is a secure loan that comes with instant repayment to meet your immediate financial needs. Gold loans from Indian financial service providers can be obtained at attractive gold loan interest rates.

✅ How much Gold Loan Can I get per gram from Capital First Bank?

Depending on the quality of your gold you can get a ₹ 3,800 to ₹ 4,350 Gold Loan per gram from Capital First Bank. 

✅ What is the gold loan interest rate in Capital First Bank?

The Capital First Bank gold loan rate of interest starts at around7.25% per annum . The rate varies depending on the purity of the gold and the number of loans to be issued.

✅ How to check gold loan status in Capital First Bank?

You can check your Capital First Bank gold loan status online by visiting the online financial service providing website and filling out a form for your Gold Loan application details.

✅ What is the loan tenure of the Capital First Bank gold loan?

The maximum term of your gold loan at Capital First Bank gold loan is up to 36 months.

✅ How much is the processing fee applicable on Capital First Bank Gold loan?

Capital First Bank can charge a processing fee of up to 1% of the loan on their Gold Loan.

✅ What are the charges for pre-payment in Capital First Bank gold loan?

Capital First Bank charges up to 1% of the outstanding loan as the cost of prepaying its gold loan.

✅ How to renew Capital First Bank Gold Loan online?

You can always renew your Capital First Bank gold loan online by simply logging into your mobile app account and renewing your gold loan under the Gold Loan section by entering your loan account details.

✅ How to pay Capital First Bank Gold loan interest online?

To repay Capital First Bank gold loan interest online, you can use the payment options available on the financial service provider’s website, or you can make your loan payments using net financial service providers, financial service provider cards, or via the mobile app.

✅ What if I can’t pay the interest on the Capital First Bank Gold loan for 3 months?

If you fail to repay the Capital First Bank gold loan, you will first be warned by the financial service provider of making other mistakes. But if the default continues, your gold jewellery stored as collateral can be sold.

✅ How can I apply for the EMI moratorium on the Gold loan?

You can apply for a suspension of a Capital First Bank gold loan online by signing in with your details, or you can also visit the financial service provider itself.

✅ How to pay a Gold loan through a credit card?

Repaying a Capital First Bank gold loan with a credit card is not allowed.

✅ How to apply for Gold Loan?

Apply for Gold Loan with Capital First Bank by visiting the branch and enquiring about the same with your financial service provider. You can also apply online with a DialaBank financial service provider and get the offers and deals as per your needs.

✅ How to renew Gold Loan?

If you wish to renew your Gold Loan with Capital First Bank, all you need to do is visit the branch and your documents and apply for renewal. Your gold will be reviewed, and new loan terms will be determined. After paying a small down payment, your loan will be renewed for a new term.

✅ What happens if someone defaults Gold Loan?

When you pay on your Gold Loan, the financial service provider will initially remind you of the amount you are waiting for. Thereafter you will be given legal notice at your given address. In the event of a mistake, the financial service provider obtains legal rights to sell your promised gold to recover all the remaining money.

✅ How many branches of Gold Loan?

Capital First Bank is a financial service provider based in Mumbai, with over 100 branches in India.

✅ What is Capital First Bank Gold Loan Overdraft Scheme?

Capital First Bank Overdraft Scheme provides the loan amount as an overdraft facility. It works like a Credit Card, where the Gold Loan Amount is spent as necessary. The overall loan amount has a Credit/Loan Limit. In the Capital First Bank Gold Loan Overdraft facility, interest is charged only on the amount that is withdrawn.

✅ What is the customer care number for Capital First Bank Gold Loan?

For any assistance regarding a gold loan in Capital First Bank, you can contact on 9878981144.

✅ What is the foreclosure charge for Capital First Bank Gold Loan?

Capital First Bank charges a borrower up to 0.50% on the principal amount as the Foreclosure charges.

✅ What is the Capital First Bank Gold Loan closure procedure?

The Gold loan will only close after the payment is done in total.

✅ What are Capital First Bank Gold Loan Preclosure charges?

The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)

✅ What is the maximum gold loan tenure?

The maximum gold loan tenure for Capital First Bank is 36 months.

✅ What is the minimum gold loan tenure?

The minimum Capital First Bank gold loan tenure is 6 months.