Best banks for Gold Loans in Badvel
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 Badvel Features
Are you going low on cash reserves?
Do you need more money?
In such a financial crisis, gold loans are something you can consider. As gold loans require minimal paperwork or documentation, you can get it approved within no time.
Why Gold Loan Badvel?
Gold Loan Badvel gives financial assistance to all its consumers at the best affordable interest rates on gold loans. For being eligible to take a gold loan, having a gold ornament or article or a piece of gold is the only prerequisite.
Parameters of getting any loan also include – Applicant should be having a good credit history and he or she should be earning a decent source of income.
Also, you can’t take a loan of more than 75 percent of the gold’s market value. This happens due to the fluctuating market price of gold.
Gold Loan Rate Per Gram Today in Badvel
Updated - Gold Loan Per Gram Rate w.e.f Dec 27 2024 |
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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 |
Gold Loan in Badvel Interest Rates and Charges
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 in Badvel Documents required
- Identity Proof can be any of the following: Aadhaar/Passport/ Driving License/ Electoral Photo ID Card or any other recognized govt. ID.
- Residence Proof can be any of the following: Telephone Bill/ Rental bill/ Passport/Electricity Bill/ Trade License or other utility bills.
- Proof of Signature can be any of the following: Cheque/Passport/Driving License/Banker’s verification/ or other records is mandatory.
- 2 passport size photographs.
Additional Documents Required for Gold Loan Badvel
- Proof of Land: If taking an Agriculture Loan of more than Rs. 1 lac, no substantial proof is wanted for allied agriculture purposes.
- A Demand Promissory Note.
- The Bank arranges the Certificate by the Certified Jewel Appraiser.
- For Income proof, one has to show their monthly income by a salary certificate and form number 16.
Gold Loan in Badvel Eligibility Criteria
For Gold Loan in Badvel, the Eligibility criteria require two things:
- The candidate should identify themselves as Indian citizens.
- The age of the candidate should be in the age group of 21 to 60 years.