Best Banks for Gold Loan in Gadwal
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 Gadwal Features
Are you going out of cash? Worried of all the expenses?
Do not stress about it, just apply for a gold loan. A Gold Loan is available for you in your city. A loan that requires very paperwork. Loan approval is done within 2-3 hours after the verification process.
Gold Loan Gadwal helps you financially with reasonable interest rates. An applicant must have a good credit history and a good source of income. It will make the processing of your gold loan at a faster rate.
Due to fluctuations in the market price of gold loans, you can get a loan of up to 75% of the market value of gold.
Gold Loan in Gadwal Interest Rates and Charges
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% |
Gold Loan in Gadwal Documents required
- Anyone Identity Proof is mandatory from the following:
- Aadhaar Card
- Driving Licence
- Passport Copy
- Voter ID Card
2. Anyone Address Proof is mandatory from the following:
- Ration Card
- Electricity Bill
- Rental Bill
- Passport Copy
- Trade License
- Shop License
- Sales Tax Certificate
3. Anyone Signature Proof is mandatory from the following:
- Passport Copy
- Driving License
- Banker’s Verification
- Cheque
4. The requirement of passport size photographs is 2.
Additional Documents Required for Gold Loan Gadwal
- A Promissory Note is imperative.
- In case you are applying for an Agriculture Loan of more than Rs. 1 lakh, there is no need for land proof.
- The Jewel Appraiser Certificate(Bank will arrange).
- For Income Proof, there is a need for Salary Certificate and Form No.16
Gold Loan in Gadwal Eligibility Criteria
- The minimum age of the applier should be 21 years
- The maximum age of the applier should be 60 years.
- The applier should INDIAN citizenship.
GOLD LOAN @ 0.75%*
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How to Apply for Gold Loan Gadwal
Online Process to Apply for Gold Loan Gadwal
Apply for the Gold Loan at Dialabank. Fill a form online. Then, you will get a call from our contact manager and tell you about additional details.
For more info, call on 9878981166 at any time.
The most reliable stage to apply for a gold loan is Dialabank. There are numerous analyses behind this, some of them are:
- Dialabank is India’s first financial helpline because it facilitates the best financial services to customers all over the country.
- Less paperwork if you apply through Dialabank.
- The Relationship managers are guided well to supervise and help you with the whole processing of Gold Loan.
- The guidance provided by Dialabank without any cost. There are no supplementary costs for applying for the gold loan online on Dialabank.
- The bank has good repute because we provide the best and fast services.
- For a gold loan application on Dialabank, get a reasonable Interest Rate.
- You will get a great LTV of your gold.
Offline Process to Apply for Gold Loan Gadwal
An applicant can apply for a gold loan from the nearby banks. Just search on google about the gold loan banks near me. Google will give you so many options. You just have to choose the right option according to your understanding.
But, if you look for the bank having faster processing, you apply from Dialabank.
Processing Fees / Prepayment Charges on Gold Loan Gadwal
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 Gadwal
Before applying for a gold loan, there is a compulsion of a good CIBIL score. Minimum CIBIL score criteria are set by every foundation for the processing of a gold loan in Gadwal. An applicant must have a minimum 750 CIBIL score.
Apart from the CIBIL score, the foundations record the details of your previous loans. The type of loan taken and the amount borrowed is included in this. If there are any delayed payments of your previous loans, it will create difficulty in your gold loan application.