Gold Loan Tiruvottiyur

Best Banks for Gold Loans in Tiruvottiyur

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 Tiruvottiyur Features

Afraid of your financial prospects?

Need money for your priority tasks?

As the gold loan is available, you don’t have to worry a bit. With minimum paperwork or documentation, you can get your loan verified and approved with minimum struggle.

What are some of Gold Loan Tiruvottiyur’s features?

Gold Loan Tiruvottiyur loan provides financial aid to the customers at the best feasible interest rates. To get a Gold loan, the candidate needs to have a firm and good source of income and has a reliable credit history, which will make the verification and loan approval process faster.

Besides, you can get a loan up to 75 percent of the market value of gold, this is expected to vary 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 Rate Per Gram in Tiruvottiyur – Apr 19 2024

The below table shows the rates for a Gold loan per gram for different purity of gold:

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 in Tiruvottiyur Interest Rates and Charges – Apr 19 2024

The below table shows the Gold loan interest rates provided by various banks

Feature	Gold Loan Interest Rate	Processing Fee	Tenure
HDFC Gold Loan	9.90%	0.25 % - 1.50%	3 - 24 Month
Private Gold Loan	10.50%	0.25 % - 1.50%	9 - 24 Months
Axis Gold Loan	10.50%	0.50% - 1.50%	6 - 24 Months
Yes Bank Gold Loan	10.50%	0.50% - 1.50%	6 - 36 Months
SBI Gold Loan	9.50%	500/- to 0.50%	6 - 36 Months
Kotak Gold Loan	11.00%	1% to 2%	9 - 24 Months
IIFL Gold Loan	12.00%	Nil	3 - 11 Months
Muthoot Finance Gold Loan	12.00%	Nil	1 - 24 Months
Manappuram Gold Loan	12.50%	Nil	6 - 12 Months
PNB Gold Loan	11.00%	0.70% to 1%	6 - 12 Months
Canara Bank Gold Loan	10.75%	1 %	6 - 12 Months
IndusInd Bank Gold Loan	11.50%	1% - 1.5%	9 - 24 Months

Gold Loan Eligibility Criteria in Tiruvottiyur

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.

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Gold Loan in Tiruvottiyur Documents required

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

Gold Loan in Tiruvottiyur Eligibility Criteria

The required minimum age is 21 years
The required maximum age is 60 years.
The required nationality is Indian.

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How to Apply for Gold Loan Tiruvottiyur

Online Process to Apply for Gold Loan Tiruvottiyur

You can apply online on the website of Dialabank for Gold Loan Tiruvottiyur.

By presenting an online form, you will be reverted by our delegate who will assist you in the whole gold loan approval process.

Dialabank is supposed to be people’s first choice because:

Dialabank is India’s first financial helpline; it offers the best financial services to customers all over the country.
The bank has a good reputation amongst users because of its most solid services.
There is no processing fee or supplementary fees for availing the service by Dialabank
The Relationship managers of Dialabank are adequate to serve throughout the process.
Gold Loans can be granted at a low rate of interest with minimum documentation or paperwork claimed.
To save you from struggle, Dialabank also provides a document pickup facility from the doorstep of the client.

Offline Process to Apply for Gold Loan Tiruvottiyur

The offline process of Gold Loan requires more time. You need to explore Gold Loans near you on Google, once you see the record of nearby banks or NBFCs, you can select the best out of them for you.

You need to visit banks again and again until the loan gets sanctioned. Dialabank does that easily by sharing sufficient information with the clients.

Processing Fees / Prepayment Charges on Gold Loan Tiruvottiyur

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 Tiruvottiyur

No CIBIL is needed for Gold Loan Tiruvottiyur.

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

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 Tiruvottiyur Agents

As the leading gold loan agent in Tiruvottiyur, Dialabank provides the most active and quickest services. You can visit us at Dialabank or contact 9878981166.

Dialabank presents a structured market comparison of different banks and finance organizations. This comparison helps borrowers make the true choice for themselves. You can hit on the Dialabank website, fill and submit a form with your specifications. Then, our agents will get in touch with you for full assistance.

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Pre Calculated EMI Table for Gold Loan Tiruvottiyur

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 Tiruvottiyur

Tiruvottiyur is a neighborhood in North Chennai, administered by the Greater Chennai Corporation. It is part of the Tondiarpet division, located to the north of Chennai city. It is one of the 15 administrative zones in Greater Chennai Corporation. The zone is named to be Zone 1.

GOLD LOAN @ 0.75%*

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Gold Loan Tiruvottiyur FAQs

✅ What is a Gold Loan, exactly?

It’s a loan secured by gold ornaments or bank coins that meet RBI requirements and that a customer commits to the bank. The money borrowed can be used for personal, business, or other non-speculative objectives. It’s a loan that can be obtained fast and conveniently rather than going to a Pawn Broker and paying a higher interest rate.

✅ Do I have to present any proof of income to get a gold loan?

If you’re taking out a gold loan for more than Rs.25 lakhs, you’ll need to submit an ITR. If the annual income reaches Rs.5 lakhs, a PAN is required by regulatory standards.

✅ Is there a way to see if you have a gold loan in Cibil?

When you take out a gold loan, all of your EMI repayment information is sent to CIBIL at regular intervals so that your credit score can be updated in your credit report. Pay the EMIs on time to return the Gold Loan: The gold loan, like any other type of loan, has a defined interest rate and term.