Gold Loan Singrauli

AT 0.75%* INTEREST RATE
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Gold Loan Singrauli

Major Gold Loan Providers in Singrauli

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 Singrauli Features

Running short out of cash?

Do you not know what to do?

Gold Loan is available for you do not need to worry. This loan requires less paperwork, as it is unsecured, and you can get your loan approved within 48 hours after all the verification process.

Gold Loan Singrauli loan provides financial aid to the customers at the best affordable Lowest Gold Loan Interest Rate. The applicant needs to have a firm and good source of income and has good credit history to get a Gold Loan, which will make the verification and loan approval process faster.

Furthermore, you can get a loan up to 75 per cent of the market value of gold; this is due to fluctuation in the market price of the gold.

GOLD LOAN @ 0.75%*

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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 Rates by Purity in Singrauli

Updated - Gold Loan Per Gram Rate w.e.f Apr 19 2024

Gold Weight Gold Purity
24 Carat
Gold Purity
22 Carat
Gold Purity
20 Carat
Gold Purity
18 Carat
1 gram 4621 4290 3900 3510
10 gram 46210 42900 39000 35100
20 gram 93600 85800 78000 70200
30 gram 140400 128700 117000 105300
40 gram 187200 171600 156000 140400
50 gram 234000 214500 195000 175500
100 gram 468000 429000 390000 351000
200 gram 936000 858000 780000 702000
300 gram 1404000 1287000 1170000 1053000
400 gram 1872000 1716000 1560000 1404000
500 gram 2340000 2145000 1950000 1755000

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Gold Loan Singrauli Interest Rates – Apr 19 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 Singrauli – Apr 19 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 Singrauli

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.

Documents for Gold Loan Singrauli

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

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Gold Loan Singrauli Eligibility Criteria

  1. The age limit of the individual should be a minimum of 21 years and a maximum of up to 60 years.
  2. Must be having Indian Nationality.

How to Apply for Gold Loan Singrauli

Online Process to Apply for Gold Loan Singrauli

At Dialabank, you can apply for a Gold Loan.

  • Fill a simple form online.

You will get a call back from our representative after you fill the form. Furthermore, you will get a document to pick up the facility from your doorstep.

You can call on 9878981166 anytime for more information.

Dialabank is considered the best platform to Apply For Gold Loan online. So many reasons are there behind this, some of them are:

  1. Dialabank provides the best financial services to customers all over the country; it is India’s first financial helpline.
  2. Dialabank guides the customers free of cost. No additional charges of applying for a gold loan online on the website of Dialabank are required.
  3. You will get a high LTV of your gold, which is one more benefit.
  4. Besides that, because of its best and fast services, the bank has a good reputation among the customers.
  5. You will get a low HDFC Gold Loan Interest Rate if you apply for a gold loan on Dialabank.
  6. Dialabank provides a document pickup facility from the doorstep of the customer to ease the process.
  7. Also, very little paperwork is required while applying for a gold loan through Dialabank.
  8. Finally, to guide and serve you in the entire process of Gold Loan, the Relationship managers are trained thoroughly.

Offline Process to Apply for Gold Loan Singrauli

Gold Loan SingrauliThe applicant also can avail of Gold Loan from the nearby branches. Search “Gold Loan near me” on google to do so. All the branches of banks and finance companies providing loans near you will be enlisted. You can select them according to your preference and knowledge, but in a quicker and better manner, Dialabank can do that for you.

Then you have to visit those departments and apply for the loan and have to visit many times before than loan gets finally approved.

HDFC Gold Loan branches and Muthoot Gold Loan branches are some banks and finance companies where this process is much faster.

HDFC Gold Loan Branches can also avail you of loans. As well as to find a branch that is nearby, search Muthoot Gold Loan near me. Google will enlist all the Muthoot Gold Loan Branches near you.

Processing Fees / Prepayment Charges on Gold Loan Singrauli

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 Singrauli

Having a good CIBIL score is a must before applying for a gold loan; that is why every lending institution has its criteria for the minimum CIBIL score required for processing a Gold Loan application in Singrauli. A minimum score of 750 to process your loan application is required by most institutions.

Along with your CIBIL score, the institutions also have a detailed look at the behaviour of the previous loans taken by you. These details include the type of loan taken and the amount borrowed by you. Any delayed payments for previous loans can become an obstacle to your availing of a fresh loan. So make sure your CIBIL score is good before applying for a loan.

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

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 Singrauli Agents

Dialabank is one of the leading and most trusted gold loan agents in Singrauli. Give me a call at 9878981166, or you can apply online at www.dialabank.com.

By providing you with a detailed and structured market comparison of different banks so that you do not need to worry about the complex information and process you have to go through, and hence you can make the right choice, Dialabank helps you to find the best option between several Banks and NBFCs. Visit our website www.dialabank.com and fill a simple form asking for some details and after that our customer relationship managers will soon get in touch with you.

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Gold Loan Singrauli Contact Number

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

Pre Calculated EMI Table for Gold Loan Singrauli

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 Singrauli

Singrauli is a city in Singrauli district in the Indian state of Madhya Pradesh and Commissionaire of Rewa.

Other Gold Loan Cities in Madhya Pradesh

Gold Loan Sidhi Gold Loan Shujalpur
Gold Loan Shivpuri Gold Loan Sheopur
Gold Loan Shamgarh Gold Loan Seoni
Gold Loan Sendhwa Gold Loan Sausar

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Gold Loan Singrauli FAQs

What is a gold loan valuation?

A Gold loan valuation is a process carried out at the bank’s branch by an authorised evaluator. The evaluator evaluates your gold and determines its market value. Based on this valuation, the bank offers you the maximum loan amount and also quotes your a rate of interest.

 Personal loan or loan against gold which is better?

A loan against gold is better than a Personal Loan for 3 major reasons.

  • First, the Rate of Interest charged by banks is lower than the interest rate on a Personal Loan.
  • The process is faster to get money through a Loan Against Gold. The total time required for getting your money transferred to your account is 60 minutes.
  • The Loan Against Gold/Gold Loan’s eligibility is independent of your income and your credit history; anyone and everyone is eligible for a gold loan irrespective of their employment.

What is the margin for a loan against gold?

Banks maintain a margin of at least 25% for gold loans/loans against gold. You can avail a maximum of 75% of your gold’s market value as the loan amount. For example, if your gold values at Rs. 10 Lakh in the market, then banks will offer you a maximum loan amount of Rs. 7,50,000.