Capital Small Finance Bank Gold Loan Key Features- Apply Now
|Capital Small Finance Bank Gold Loan Interest Rate||5.88% per annum|
|Capital Small Finance Bank Gold Loan Rate Per Gram||Rate Per Gram Today is ₹ 2,900 to ₹ 3,450|
|Capital Small Finance Bank Gold Requirement||Minimum 18 Carat|
|Capital Small Finance Bank Gold Loan Processing Fee||1% of the Principal Loan Amount|
|Capital Small Finance Bank Minimum Loan Amount||90% LTV on Your Gold Market Price|
|Capital Small Finance Bank Maximum Loan Amount||Up to Rs. 10 lakh|
|Capital Small Finance Bank Prepayment Charges||2%+GST (Within 3 Months), 0 (After 3 months)|
|Capital Small Finance Bank Repayment Tenure||6 Months to 60 Months|
|Capital Small Finance Bank Gold Loan Schemes||Bullet Payment Scheme, EMI Scheme|
Capital Small Finance Bank issues a Gold Loan per gram rate of ₹ 2,900 to ₹ 3,450 in line with the current gold rate. The best Capital Small Finance Gold Loan Rate per gram is ₹ 3,329 for 22 Carat gold, measured at a maximum 75% loan to value, and the average gold price for the last one month for 22-carat is ₹ 3,329
Capital Small Finance Bank Gold Loan Explanation
Capital Small Finance Bank offers loans against gold at contentious interest rates. Capital Small Finance Bank as one of the major Gold Loan providers understand the needs of the applicant and disburse the loan amount in 24 hours.
The pledged gold as security is locked safely in the vault, and the borrower does not have to worry about its safety of gold. The gold rates and all other charges are transparently announced to the borrower upfront before sanctioning the Gold loan amount. Hence applicant does not have to worry about the hidden fees on their Gold Loan.
GOLD LOAN @ 0.49%*
Capital Small Finance Bank Comparison With Other Banks
|Particulars||Capital Small Finance Bank||SBI||HDFC Bank|
|Interest Rate||5.88% per annum||5.88% per annum||9.90% – 17.55%|
|Processing Fees||Up to 1% of the loan amount||0.50% of the loan amount||1.50% of the loan amount|
|Loan Tenure||3 months to 60 months||3 months to 36 months||3 months to 24 months|
|Loan Amount||Up to Rs. 1 Crore||₹ 20,000 to ₹ 20 Lakh||₹ 25,000 to ₹ 50 Lakh|
|Foreclosure Charges||2%+GST (Within 3 Months), 0 (After 3 months)||Nil||Nil after 3 months|
|Lowest EMI Per Lakh||₹ 5,121 per lakh||₹ 3,111 per lakh||₹ 4,610 per lakh|
Tips To Get Gold Loan From Capital Small Finance Bank Fast
- Capital Small Finance Bank welcomes both hallmarked and non-hallmarked jewellery for a gold loan. However, you can get a very high gold loan per gram with remarkable jewellery, as it reduces the chances of a lower rating by the average. Also, some banks charge a lower fee for processing gold jewellery.
- Capital Small Finance Bank fixes the price of 22-carat gold for pure gold. So, always try to borrow high-quality jewellery as it will bring you the highest value of gold loans.
- For faster processing of gold loans, you can apply for online gold loan application services by Capital Small Finance Bank.
Advantages Of Capital Small Finance Bank Gold Loan
- Multipurpose – Capital Small Finance Bank Gold loan can be used for any legitimate purpose, ranging from education to housing or business.
- Quick approval – You can avail of Capital Small Finance Bank Gold Loan without any hassles, with minimal paperwork and lenient eligibility criteria.
- High quantum – Borrowers can avail of a Gold loan of different denominations, subject to their requirement and background.
- Competitive interest – Capital Small Finance Bank Gold loan comes at a competitive rate of interest on Term Loan, Overdraft and EMI based loan and making repayment light on the pocket. Repay your gold loan in lower EMI, over a tenor of your choice.
- Prepayment – Borrowers can choose to prepay the Capital Small Finance Bank Gold loan without any worry of prepayment charges.
- Collateral Held securely – Any gold surrendered to the Capital Small Finance Bank as collateral is kept safely in a locker, so you don’t have to concern about the safety or security of your gold.
- Quick and Efficient Servicing – Over the counter disbursement in just 50 minutes with minimal documentation.
- Complete Transparency – Gold Loan rates and other charges are communicated upfront in writing, along with the quotation, so you don’t have to worry about any hidden costs or fees.
- Foreclosure – In the case of a Gold Loan Foreclosure Capital Small Finance Bank charges a borrower up to .50% on the principal outstanding.
GOLD LOAN @ 0.49%*
How Much Can I Get Through Capital Small Finance Bank Gold Loan
According to the most recent gold costs, Small Finance Bank offers a gold credit for each gram of ₹ 4,621. The most elevated Small Finance Bank gold advance rate per gram today is ₹ 3,329 for 22-carat gems determined at the greatest LTV of 75% and normal gold advance costs of most recent 30 days in 2021 is ₹ 5,121 of 22 carats.