Gold Loan Ambattur

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Gold Loan Ambattur

Best Banks for Gold Loan in Ambattur

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 Ambattur Features

gold loan ambattur

Do you need instant funds?

Gold Loan Ambattur offers the best gold loan with Dialabank at just a mouse click.

So what are you waiting for, go ahead and apply at Dialabank?

It is a safe and secure way of availing of a financed instantly. In this, no credit checks are needed. It is the net loan convenient in the market with less hassle and trouble.

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 Ambattur Relationship Manager on 9878981144
 

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Gold Loan Ambattur Interest Rates Apr 16 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%

Gold Loan Per Gram For All Major Bank in Ambattur Apr 16 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

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Gold Loan Eligibility Criteria in Ambattur

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.

Gold Loan Ambattur Eligibility & EMI Calculator

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Documents for Gold Loan Ambattur

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 Ambattur

  1. The applicant should be at least 21 years of age
  2. The applicants’ age should not be more than 60 years
  3. He/she should be a national citizen

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How to Apply for Gold Loan Ambattur

Online Process to Apply for Gold Loan Ambattur

You can apply for the Gold Loan Ambattur at Dialabank. You have to fill a form online at Dialabank.

After that, get a call back from our representative. For more information about Gold Loan Ambattur, you can call on 9878981166.

Dialabank is considered the finest platform to apply for a gold loan online. There are so many grounds behind this.

  1. Dialabank is India’s first financial helpline; it provides the best monetary facilities to customers all over the country.
  2. The bank has a good reputation among the customers cause the best services.
  3. One more important thing is that Dialabank guides the customers cost-free. No additional fees for applying for a gold loan online at Dialabank.
  4. While applying for a gold loan through Dialabank, very little paperwork is needed.
  5. If you apply for a gold loan on Dialabank, then you will get a low Gold Loan Rate of Interest.
  6. Dialabank offers a document pick up facility from the home of the customer.
  7. Also, avail of a high LTV of your gold.
  8. Relationship managers are expert enough to guide you in the entire process of Gold Loan.
Offline Process to Apply for Gold Loan Ambattur

The applicant also has an option to avail of the nearby branches. To do so, you will ask Gold Loan near me to google. It will enlist all the nearby departments from where you can avail of the loan.

Processing Fees / Prepayment Charges on Gold Loan Ambattur

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

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

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CIBIL Score Required for Gold Loan Ambattur

750 is the bare minimum CIBIL score that you must maintain to get a gold loan.

A CIBIL score tells a lot about the individual and how much likely is the person to give back the loan.

Every lending institution has its norm for the minimum CIBIL score required for processing a Gold Loan application in Ambattur. Most institutions need a minimum score of 750 to process your gold loan application.

The institutions don’t just look at the overall score but also note down the detailed behaviour on the previous loans taken. This includes details on the type of loan you have taken and the amount borrowed. Any late payments for previous loans can act as a barrier to a fresh loan.

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

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

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Gold Loan Ambattur Agent and Contact Number

Dialabank is the leading and prime agent for availing of Gold Loan in Ambattur.

You can apply online at www.dialabank.com. You also give me a call at 9878981166.

Dialabank helps you to find the best option of Banks and NBFCs with a detailed market comparison of different banks so that you can make the right choice. Visit www.dialabank.com and fill a simple form with your details. Our customer relationship managers will contact you.

Gold Loan Ambattur Contact Number

Call 9878981166 and get instant help and approval for Gold Loan in Ambattur right now.

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Pre Calculated EMI Table for Gold Loan Ambattur

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 Ambattur

Ambattur is a part of Chennai City, located in the northwest part of the city in the Ambattur taluk of the Chennai District, surrounded by Anna Nagar, Padi, Mogappair, Korattur, and Avadi. It covers an area of 45 km². The neighbourhood is served by Ambattur railway station of the Chennai Suburban Railway. Ambattur has its origins in a village of the same name which can be located at present as areas opposite to Ambattur telephone exchange. Ambattur was a village with large extents of agricultural farmlands irrigated by the once-sprawling Ambattur Lake. In 2011, the neighbourhood had a population of 466,205.

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Gold Loan Ambattur FAQs

✅ How to get Gold Loan in Ambattur?

A customer can either stroll in to the local gold loan giving bank branch with their gold and necessary documents such as an Aadhar Card and a PAN Card or fill out an inquiry form and apply online at Dialabank’s digital platform for better convenience and tailored help.

✅ How to calculate Gold Loan Interest?

The interest rate on a gold loan varies based on the lending institution, the amount of the loan, the loan term, the loan to value ratio, and the quality of the gold. Dialabank makes it simple to verify and compare these rates online.

Which bank is best for Gold Loan Ambattur?

Interest rates on gold loans vary based on the lending institution, the amount of the loan, the loan term, the loan to value ratio, and the quality of the gold. Dialabank makes it simple to verify and compare these rates online.