About Gold Loan Solapur
Some of the loans in this financial market are given to the people depending upon their credit history. Thus, people who have bad credit are not able to gather the necessary funds. Gold Loan is such a valuable scheme which every person can avail regardless of his personal credit history. It only wants your Gold to be put as collateral with the bank.
Why one should choose Gold Loan Solapur?
- Easily available
- No credit checks
- No hidden charges
- Easy repayment schemes
- Simple Procedures
- This loan is available at affordable rates of interest.
- It is a safe and reliable Loan scheme.
Gold Loan Solapur Interest Rates:
In general Loan on Gold, the credit is available at a low-interest rate. Moreover, the reason behind that the gold loan comes in the category of secured loans. So the Gold interest rates are less than that of personal loan or any other kind of loans. Though the gold loan rate keeps on changing with the passage of time as well as person to person. The Gold Loan in Solapur is available at 1% per month interest rate.
1. Gold Loan Interest rate – 10.70 %
2. Also, offer low processing fee – 0.85%
3. Further, pre-closer charges range from 0 – 2 %.
4. Besides Tenure minimum six months; maximum five year
5. Lastly Amount – Thousand to a crore
Know More – Gold Loan Interest Rate
Gold Loan Solapur Eligibility:
1. Firstly, The age of the customer should not be less than 18 years.
2. Secondly, The applicant should be a citizen of India.
3. The applicant should have gold in an appropriate form.
4. The quality of the gold should be 18 karats to 22 karats.
Features of Gold Loan Solapur:
- You get 100% Safety & Security of your Gold Jewelry
- Get your Loan process in less than 30 minutes
- Enjoy Anytime Liquidity.
- No EMI’s
- Lower Interest Rates
- Simple documentation and fast processing.
- The rate of interest is payable the only amount of the overdraft that you utilized.
Know More – Gold Loan: Factors to Remember
Gold Loan Solapur Documentation Process:
1. Firstly, an Identity Proof is required. It can be an Aadhar Card/ Voter ID card/ PAN Card/Driving License/ passport.
2. Secondly, One proof of residence is also required while applying for a gold loan; it can also be an Aadhar Card/ Card/ Voter ID card/ PAN Card/Driving License/ passport/Ration Card/Electricity/water bills of last three months with the name of the applicant.
3. Two colored photographs.
About Solapur:
Solapur is a city in South Western Maharashtra, India. Solapur is one of the cities in Maharashtra, situated near the borders with Karnataka It is the fourth largest district in Maharashtra in terms of land area and seventh largest in terms of population.
Gold Loan Interest Rate of Different Banks – Updated 2020
| Bank | Gold Loan Rate |
| HDFC Bank | 10.75% |
| Yes Bank | 10.85% |
| Axis Bank | 10.90% |
| SBI Gold Loan | 11.50% |
| ICICI Bank | 11.75% |
| IIFL Gold Loan | 11.75% |
| Allahabad Bank Gold Loan | 11.75% |
| Muthoot Gold Loan | 12.00% |
| Federal Bank Gold Loan | 12.00% |
| Manappuram Gold Loan | 12.25% |
| IDBI Bank | 12.25% |
| PNB Gold Loan | 12.25% |
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