Gold Loan Daman

Best Banks for Gold Loan in Daman

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 Daman Features

1. You can get a loan up to Rs.1 Crore or more & up to 70% of value for any purpose.
2. You will get a 100% Safety & Security of your Gold Jewellery.
3. Get your Loan processed in 30 minutes.
4. Enjoy Anytime Liquidity.
5. Lower best gold loan Interest Rate
6. Simple documentation and fast processing.
7. The overdraft limit varies on the market rate of gold.
8. The interest rate is the payable amount of the overdraft that you utilize.

Know More About- Top Reasons why Gold Loan is the best borrowing option

Are you getting confused by so many different loaning options? Don’t have a good banking history and needs a loan? Looking for a way to provide enough funds for your daughter’s higher education without spending your savings?

Gold is always referred to as a metal that signifies one’s status. It adds charm to your beauty as well as helps in the financial crisis.  best gold loan is the fastest and the easiest way one can get a credit from the bank as it requires minimal documentation.

Gold Loan Rate Per Gram Today in Daman

Updated - Gold Loan Per Gram Rate w.e.f Apr 03 2025
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 Daman 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

We said these loans have the lowest interest rate for a reason. The annual interest rate for the gold loan is 10.70% which indeed becomes less than 1% monthly. In addition to this, you can close your loan before the tenure period and take possession of your gold ornament back before time by using the foreclosure feature. The foreclosure penalty ranges from 0-3% of the total loan amount. Moreover, if you use this feature, you are eligible to skip the remaining Emi’s and their respective interest rates.

Know More – Gold Loan  rate Per Gram

Gold Loan in Daman Eligibility Criteria

1. First of all the minimum age of an applier: 18 years
2. After that the maximum age of an applier at loan maturity: 70 years
3. Gold jewelry must be owned by the applicant or any of the family members.

Gold Loan in Daman Documents Required

1. Proof of Identity: Aadhar Card/Passport Copy/ Voters ID card/ Driving License.
2. Address Proof can be any one of the following: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
3. Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
4. 2 passport size colored photographs.

How to Apply for Gold Loan Daman

Online Process to Apply for Gold Loan Daman

You can apply for the Gold Loan at Dialabank. The process is easy and straightforward. Just fill a simple form online.

After that, you will get a call from our representative. Furthermore, you will avail of a document to pick up the facility from your doorstep. For more information about the gold loan Daman, you can call on 9878981166.

Dialabank is considered as the best platform when you are applying for a gold loan online. There are reasons behind this.

1. First of all, Dialabank is India’s first financial helpline; it provides the best financial services to applicants all over the country.
2. Besides that, the bank has a good reputation among the applicants because of its fast and best services.
3. Another reason, if you apply for a gold loan on Dialabank, then you will get a low Gold Loan Interest Rate.
4. Also, Dialabank provides a document pickup service from the doorstep of the customer.
5. One more important thing is that the Dialabank guides the customers free of cost. There are no secondary charges of applying for a gold loan online on the website of Dialabank.
6. Also, if you are applying for a gold loan with Dialabank, very little paperwork is required.
7. You can avail of a high LTV of your gold.
8. In the end, the Relationship managers are trained enough to guide you in the whole processing of Gold Loan.

Offline Process to Apply for Gold Loan Daman

The applicant also has a choice to get a Gold Loan from the nearby branches. To do so, type Gold Loan near me on google. It will present all the nearby departments from where you can avail of the loan.

You can avail loans from Gold Loan Branches. To find the nearest branch, search Gold Loan near me.

Processing Fees / Prepayment Charges on Gold Loan Daman

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

CIBIL Score Required for Gold Loan Daman

Every lending foundation has its own norm for the minimum CIBIL score required for processing a Gold Loan application in Daman.  Most institution’s requirement is having a 750 CIBIL score for the processing of your loan application.

The foundations examine the detailed behavior of the previous loans taken. It involves details on the type of loan taken and the loan amount borrowed. Any late payments for previous loans can create an obstacle to your availing a fresh loan.

Gold Loan Daman Agent and Contact Number

Dialabank is the leading and trustworthy agent for availing Gold Loan in Daman. You can apply online at www.dialabank.com or dial 9878981166.

Dialabank assists you to find the best option of Banks and NBFCs by offering you with a detailed market comparison of various banks so that you can make the correct decision. Visit www.dialabank.com and fill a form using your personal and employment details. Our relationship managers will get in contact with you who will guide you about the gold loan processing.

Gold Loan Daman Contact Number

Call 9878981166 and get instant help and approval for Gold Loan in Daman.

Pre Calculated EMI Table for Gold Loan Daman

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

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About Daman

Daman district is one of the two districts of the UT of Daman and Diu on the western coast, India. It lies at the Daman Ganga River. The closest railway station is Vapi. To apply for a gold loan in Daman call on 9878981166 or visit www.dialabank.com.

Know More – Gold Loan Near Me

Other Gold Loan Cities in Gujarat

FAQs About Gold Loan Daman

1. How does  Gold Loan work?
   The loan on gold is very simple to understand. The Banks /NBFC provides you with money against your gold ornament. The amount is dependent on the gold weight.
2.  Gold Loan is secured?
   Yes, it is essential to check that the loan on gold comes in the category of secured loans. Because in a gold loan the applicant put their gold ornaments into the bank’s locker as collateral.
3. What happens when you don’t repay a Gold Loan amount?
   If the consumer is unable to return the gold loan on time, then the bank is liable to sell his gold ornaments.
4. To avail of a gold loan do I require a co-applicant?
   No, to avail the Gold loan you don’t require any co-applicant.
5. Is a Gold loan better than a Personal loan?
   Yes, a Gold loan is better than personal Loan since Gold Loan banks/NBFC takes Gold ornament as well as a gold coin as collateral and in case of Personal loan, it is unsecured and carries higher interest than a gold loan.
6. Who is the best online platform to avail of the gold loan?
   Dialabank is the best platform for getting a gold loan. Dialabank provides you an uncomplicated process as well as the lowest interest rate in the market as compared to others.
7. Is there any fee payable for getting the Gold Loan?
   Yes, you have to pay the loan processing fee (non-refundable) as well as the Valuation fee.