Top 10 Lowest Gold Loan Interest Bank in India [Percentage Added]

0
1

What is the interest ?

Interest on money borrowed to purchase, give and procedures between the in between is an area loan interest. Indicates the amount of ownership and interest held by a shareholder and customer in a company. This is generally not the same percentage basis for all companies and banks. Each company holds itself have been adopted in percentage terms. A key component of the interest rate to borrow money. Once per year, calculated on the basis of these.

What is a gold loan ?

Gold lending is part of buying a bank loan . The borrower can lend the gold and borrow in return . Its value and nature of liability in accordance with the amount of gold lending . After that it not only takes the gold but also provides protection .

State Bank of India

State Bank of India is one of the largest commercial bank in the country . This bank is the largest company in terms of assets and employees. It is a commercial bank owned by the Government of India . The Bank specializes in lending to corporate companies in India and abroad and in many public banking services such as personal loans and advances .

Since the state-owned bank is a bank of general interest to the company. Bank of India, the origin of the nineteenth century, the first is said to be. The State Bank of India Act 1955 was enacted on July 1 , 1955 and was formally established after independence . The government is consistently the majority owner.

SBI Gold Loan Interest Rate

7.30 per cent to 7.5 per cent 50 per cent is lent to the personal loan scheme. SBI has full option in changing rates. When taking out an individual loan you should check the applying rates before making a loan.

SBI can only qualify for a gold loan if it proves to be 18 years old. An borrower must have a steady income. He or she working in any industry must have adequate means to repay

Details Interest rate

  • The interest rate is 7.30 per cent per annum
  • Loan up to Rs 50 lakh
  • Loan period up to three years
  • Amount for operation 0.25% of the loan amount + GST

SBI Gold Loan Special Features:

He is a person of my loan of Rs 20 thousand to Rs 50 lakh, has the right to obtain credit. It is allowed to repay the loan through EMI. The person will be given 12 months to six months to repay the loan . Repayment methods or bullet repayment at the time of a customer to return the necklace of gold creditors  can pay. Gold jewelry is safely repaid when you repay the loan amount you bought for gold jewelry with interest. This loan is approved quickly and with minimum documents, it is easy to obtain. The loan charges an interest processing fee of 0.25 percent. Borrowers must choose to repay their loan in advance.

SBI  loans necessary documents:

ID Certificate i.e. Ban Card , Voter Identity Card must be approved by the Government. The applicant’s passport-size photographs and the filled application form should be placed in the signature.

Punjab National Bank

Punjab National Bank is abbreviated as BNP. As a state-owned bank, it is headquartered in New Delhi , India and was established in 1894 . It is the second largest bank in India in terms of business size and network.

PNP Gold Loan 2021

PNP Gold loan interest rate starts at 8.75 per cent for one month to 12 months this year . This bank follows the same as all other banks in terms of ownership and functionality. EMI scheme and bullet repayment plan , over a number of projects such as the draft plan for the lowest interest rate offer. PNP Agricultural Gold Loans offer customers low interest rates.

Details Interest rate

  • BNP Gold Lending Rate 8.75 %
  • The sum of the process of the loan amount 0.70% + tax
  • The loan period is from one month to 15 months and the loan amount is from Rs.1,000 to Rs.10 lakhs

Documents required to purchase a gold loan :

BNP should apply with the required documents for the gold loan. These include proof of identity such as ban card , driving license , passport size photograph , voter ID card , Aadhar card and then the applicant should fill up the application form and sign the application.

Bank of Baroda

Indian state-owned bank. It is one of the international and financial services companies. It was headquartered in Vadodara, Gujarat, India . Corporate is headquartered in Vadodara’s office in Mumbai Sayaji Rao makaraja of this bank is to own one keyak vat III by 1908 and July 20 on the establishment of the bank. The Bank was established by the Government of India on July 19 , 969 in association with 13 major commercial banks in India .It is a highly profitable public sector entity.

Bank of Baroda Gold Jewelry Interest Rate

Details interest rate

  • The interest rate is 7.70 percent
  • The maximum loan amount is 25 lakh rupees
  • Age criterion of 18 years for the first 75 years
  • The loan period is from 1 to 2 months
  • Processing fee of Rs 3 lakh and 25 lakh p + GST

Bank of Baroda offers gold loans at a rate of 70% . Works with age criteria ranging from 18 years to 25 years only. These provide complete protection for gold jewelry and provide reliability in lending and repaying jewelry to the customer.

Documents required to purchase a gold loan :

The documents you need to submit to get the gold loan are the completed application form , proof of address, proof of identity, proof of income , passport size photo , we can get the loan with the pay slip you buy every month.

Canara Bank

Canara Bank was established by the Government of India in 1969. It is one of the state-owned banks. It is headquartered in Bangalore. Mangalore ammempal Subbarao Bay by 1906, the year the bank’s offices  these are inaugurated.

Gold jewelry loan interest rate

Details Interest rate

  • Interest rate : 7.75 per cent per annum
  • Loan amount of Rs 20 lakh
  • Loan period up to 2 years
  • Amount for operation 0.5% of the loan amount + GST
  • Subject to a minimum of Rs.500

Canara Bank’s Special Features

Canara Bank, also known as Swarna Credit, is a large company in India. This is one of the banks owned by the Government of India. If you are unable to repay, you will only have to pay interest on the due date.

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

We can get the loan with the completed application form , proof of address, proof of identity, proof of income , passport size photo , pay slip that you buy every month.

Union Bank of India

Union Bank of India, also known as United. Headquartered in Kolkata with 2054 branches, the bank has a three tier institutional structure but is headquartered in East India with a focus on expanding international operations.

UBI Gold jewelry loan interest rate

  • The interest rate on gold loans ranging from 9.40 per cent to 10.15 per cent is very low. The overall value of gold is calculated according to the profile. It is important to note that interest is included when borrowing
  • Details Interest rate
  • The interest rate is 9.40 per cent per annum
  • Example : non-industry rate of 25 armed 9.40 percent Type Year
  • 25 thousand to 10.15 percent

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

We can get the loan with the completed application form , proof of address, proof of identity, proof of income , passport size photo , pay slip that you buy every month.

Bank of India

Bank of India is one of the state-owned banks in India . The Ministry of Finance is said to be the lower of the franchise . Its headquarters is estimated that 1906, the year it was first established in 1969, the year nationalized . Overseas there are 5316 branches of fifty-six sizes found all over India .

Bank of India interest rate is estimated at 7% per annum . The village is the village one of the Rs 3506 to 64621 , until activated . Primary credit sum to the client 1% processing fee is charged . Draft plan for the project over the bullet gold jewelry loans to customers by paying back

Details of the interest rate

  • Interest rate for the year of 7 percent
  • Gold loan to the village ranges from Rs 3506 to 64621
  • The primary loan processing fee of 1%

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

The completed application form , of address proof , identity proof , income proof ,, passport-size photo , you can purchase a pay slip every month, we can obtain the loan. Agricultural land certificate only if applicable .

Indian Bank

Indian Bank is one of India’s state-owned  . These are an integral part of financial services and banking . Founded in 1907 , the bank is headquartered in Chennai . This research bank plays a major role in the Government of India . The bank was established in 1978 with several foreign offices and was owned by the Government of India .

The bank offers gold loans to customers at an interest rate of 7 % . It accounts for 7 percent of the agricultural gold consumer who is involved in agriculture . It is useful and very simple for the applicant to apply with minimum documents . Jewelry is secured when repaying the loan and the jewelry is returned safely to the customer .

Details Interest rate

  • The interest rate of 7% per year
  • Processing Fee : Loan Period Six months to other agricultural loan products for 12 months .
  • Loan Amount : jewelry Rating Scale
  • Loan Amount Bumper Agri Jewelry Gold Jewelry Market Value 85% Jewelry Loan Value 80%

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

We can get the loan with the completed application form , proof of address, proof of identity, proof of income , passport size photo , pay slip that you buy every month.

Agricultural Earth certificate ,Must have the name of the applicant , proof of cultivation of the crop

Central Bank of India

Indian state-owned banks, known one of the bank . Nationalized by the Government of India on July 19 , 1969 . Headquartered in Mumbai, the bank is the oldest in the Government of India . It plays a major role in setting up big projects .

The central gold loan interest rate starts at 7% . These banks today offer gold loans ranging from Rs 3506 to Rs 64561 in terms of rates . A percentage of the principal loan amount and interest rate charged on the loan to the customer of this bank is gold . LTD offers the customer a minimum loan amount of 90% of your gold price . Customer Refund Scheme Customer refunds using schemes such as the Bullet Payment Scheme EMI Scheme

Details Interest rate

  • The loan interest rate is 7 percent per annum
  • The processing fee is one percent of the loan amount
  • Payment fee is 7% + GST within three months
  • The repayment period of 6 months times 12 months

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

Completed application form , proof of address, proof of identity, proof of income , passport size photo , you can get a loan with your monthly purchase slip Agricultural Land Certificate Agricultural Land Certificate is required only if the loan is taken for agricultural purposes.

Indian Overseas Bank

IOP is one of the Government of India owned branches with 3,400 branches and is representative based on Chennai and India Nationalized Indian Overseas Bank by Nationalization of Banks owned by the Government of India

IOP Bank interest rate starts from 7 % per annum . The bank today offers loans ranging from Rs 3506 to Rs 64621 per gram in terms of rates . Processing fee is a percentage of the principal loan amount and interest rate of the loan, the bank is offering to customers . This bank offers a minimum loan amount of 90 % l TV at your father level .

Details Interest rate

  • The loan interest rate is 7 percent per annum
  • The processing fee is one percent of the loan amount
  • Payment fee of 1% at Rs 1,000 up + GST for three months
  • The repayment period of 6 months times 12 months

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

Completed application form , proof of address, proof of identity, proof of income , passport size photo , you can get a loan with your monthly purchase slip Agricultural Land Certificate Agricultural Land Certificate is required only if the loan is taken for agricultural purposes.

UCO Bank

Once upon a time  known then briefly Yugo came to be called . It is headquartered in BDM Dharani, Kolkata . Nationalized in 1948 . There are 49 offices in India .

UCO Bank interest rate starts at 7 % per annum . The bank today offers loans ranging from Rs 3506 to Rs 64621 per gram in terms of rates . Processing Fee This bank offers customers a loan at an interest rate of one percent of the principal loan amount . While your father 90 percent l TV The minimum loan amount is in this bank .

Details Interest rate

  • The loan interest rate is 7 percent per annum
  • The processing fee is one percent of the loan amount
  • Payment fee of 2 % at Rs 1,000 up + GST for three months
  • The repayment period of 6 months times 12 months

Eligibility documents for the loan

They should be introduced by the applicant who already has a bank account and those who do not have a bank account.

Completed application form , proof of address, proof of identity, proof of income , passport size photo , you can get a loan with your monthly purchase slip Agricultural Land Certificate Agricultural Land Certificate is required only if the loan is taken for agricultural purposes.

Conclusion

We hope you have the most useful information. Union Bank of India, Central Bank of India, Indian Bank ,UCO Bank ,Bank helps us to get very low interest gold loans as it offers us loans ranging from Rs 3506 to 64621 per gram.

LEAVE A REPLY

Please enter your comment!
Please enter your name here