Major Gold Loan Providers in Aizawl
Feature
HDFC Bank
SBI
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
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 Aizawl Features
Achieve your goals by studying higher education! Are you running short on cash?
Do not worry Gold Loan is available for you.
Many banks and NBFCs in India offer this financial service that anyone can easily take advantage of. The applicant can get up to 75 percent of the market value of the gold even in sudden price fluctuations in the gold market.
This loan requires minimum paperwork as it is secured and you can get your per gram Gold Loan approved within 48 hours after all the verification process.
Gold loan online in Aizawl provides proper financial aid to the customers at the best affordable interest rates as low as 7 percent. To get a Gold loan, the applicant needs to have a proper and reliable source of income and must a perfect credit history, which will make the verification and loan approval process much faster.
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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
Gold Loan Aizawl Interest Rates – Dec 23 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%
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Gold Loan Per Gram For All Major Bank in Aizawl – Dec 23 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
Gold Loan Eligibility Criteria in Aizawl
Minimum and Maximum Age
Note: However, many banks require a minimum age of 23 years
Loan Amount
Interest rates are lower for a higher loan amount
Employment Type
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
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
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 with 18-24 carat purity
Employment track record and income proofs
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Documents for Gold Loan Aizawl
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 Aizawl
- The applicant should be at least 21 years of age
- The applicants’ age should not be more than 60 years
- He/she should be a national citizen
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How to Apply for Gold Loan Aizawl
Online Process to Apply for Gold Loan Aizawl
You can easily apply for the interest rates on gold loans in available banks such as Private, Axis, HDFC and others through Dialabank online by filling up a simple user-friendly form.
In a short time, you will receive a call from our trained representative. Furthermore, Dialabank provides you with a pick-up facility of your documents from your doorstep.
For further information, you can call on +919878981166 anytime.
Consider Dialabank as the best platform to apply for a gold loan online, because it is rated the best by its users. There are many reasons behind this, some of them are:
- Dialabank is the first financial helpline in India providing the best known financial services to its customers all over the country.
- Dialabank guides the customers cost-free, as it charges no additional cost of applying for a gold loan online on the website of Dialabank.
- You can get a high Loan-to-Value (LTV) of your gold with Dialabank.
- Dialabank is connected with leading Banks such as HDFC, Private, Axis, Muthoot, Yes bank and many others.
- Besides that, the bank has a high reputation among its customers because of its best and fast services.
- Applying for a gold loan on Dialabank will get a low Gold Loan Interest Rate.
- Dialabank provides a facility for document pickup from the applicant’s doorstep to ease the process.
- Processing your gold loan through Dialabank requires minimum paperwork.
- Finally, the Relationship managers are highly trained to guide and serve you in the entire process of Gold Loan.
Offline Process to Apply for Gold Loan Aizawl
The applicant can also choose to avail of Gold Loan from the nearby physical branches. This can be done by searching ‘Gold Loan near me’ on google. It will enlist all the closest branches of banks and finance companies providing loans near your location. Please select them according to your preference and knowledge. However, Dialabank can do that for you in a quicker and organized manner.
But if you choose to go with a physical branch that is near you, the applicant might have to visit the responsible departments to apply for the loan, again and again, before than loan gets finally approved as it is a complex process. However, some banks and finance companies can approve the loan process faster. Our recommendations are HDFC Gold Loan branches and Muthoot Gold Loan branches. But again, Dialabank can do this even faster by handling all complex processes. You just need to apply to believe.
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Processing Fees / Prepayment Charges on Gold Loan Aizawl
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 (₹)
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
₹ 3 Lakh
Total Payment
₹ 3.24 Lakh
₹ 3.44 Lakh
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CIBIL Score Required for Gold Loan Aizawl
No CIBIL score is required for Gold Loan, A gold article is a must.
Compare Gold Loan Rate Per Gram and Lowest EMI of All banks in Aizawl
Bank
Interest Rate
Lowest EMI Per Lakh
SBI Gold Loan
7.50%
Rs. 3,111
Muthoot Gold Loan
11.99%
Rs. 3,321
Manappuram Gold Loan
12.00%
Rs. 8,885
HDFC Bank Gold Loan
9.90%
Rs. 4,591
Yes Bank Gold Loan
9.99%
Rs. 3,226
Private Bank Gold Loan
10.00%
Rs. 8,792
Federal Bank Gold Loan
8.50%
Rs. 8,722
Canara Bank Gold Loan
7.65%
Rs. 8,683
Andhra Bank Gold Loan
10.70%
Rs. 8,824
Axis Bank Gold Loan
13.00%
Rs. 4,754
IndusInd Bank Gold Loan
10.00%
Rs. 8,792
PNB Gold Loan
8.75%
Rs. 8,734
Fincare Small Finance Bank Gold Loan
12.99%
Rs. 11,721
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Gold Loan in Aizawl Agents
One of the leading and most trusted gold loan agents in Aizawl is Dialabank. You can apply online at Dialabank or give us a call.
Dialabank works as a bridge to find the best option between several Banks and NBFCs by providing you with a detailed and structured market comparison of different banks. This eliminates the unnecessary worries about the complex information and process you have to go through. So, you can make the right choice. Visit our website Dialabank to fill a simple form for more details and our customer relationship managers will soon get in touch with you.
Aizawl is the capital of the state of Mizoram in India. Aizawl was officially established on 25th February 1890. It is the largest city in the state. It is also the centre of administration containing all the important government offices, state assembly houses, and civil secretariat. The population of Aizawl strongly reflects the different communities of ethnic Mizo people. It is under the body of Aizawl Municipal corporation. The official language here is Mizo.
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Gold Loan Aizawl FAQs
✅ Who is eligible to avail of a gold loan in Aizawl?
Anyone who owns gold jewellery of 18-24 carats and is in urgent need of cash requirements can avail of a gold loan in Aizawl. (except a minor)
✅ Are gold loans in Aizawl better than personal loans?
As gold loans are secured loans, they are cheaper than personal loans. Gold loans also do not require any sort of income proof as a personal loan demand. Thus, gold loans are a more convenient option.
✅ What are the documents required to avail of a gold loan in Aizawl?
A gold loan requires minimum documentation, unlike other loans. You will be required to submit identity proof and address proof to avail of a gold loan. No sort of income proof is needed to get a gold loan.
✅ Are my pledged gold ornaments safe?
Your pledged gold is safely kept in the bank’s locker according to the standards applicable to these banks. Proper electronic surveillance technologies are also deployed to keep your gold safe.
✅ How do I repay my gold loan in Aizawl?
After availing of a gold loan in Aizawl you will have to make monthly EMI payments to the banks till the completion of the loan tenure. These payments can be made through cash/ DD/ cheque or online transactions.