Gold Loan Kharagpur

Best Banks for Gold Loan in Kharagpur

Feature	HDFC Bank	SBI	Muthoot Finance
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	1 month 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 Kharagpur Features

A gold loan provides a customer with an instant amount after the approval of a loan from the bank at a low rate of interest and for a given period. Furthermore, the Gold Loan comes in the category of secured loans so the rate of interest is quite low as compared to other loans.

Planning for something like a wedding or purchasing an expensive birthday gift, whenever you are running out of funds, the Gold loan comes to your rescue. In such need of emergency, it would be the best option to use your gold rather than keeping them in the locker.

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

You Can Call and Speak with a Gold Loan Relationship Manager on 9878981144

Gold Loan Kharagpur Interest Rates – Dec 16 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%

Gold Loan Per Gram For All Major Bank in Kharagpur – Dec 16 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 Kharagpur

Minimum and Maximum Age	21 Yrs – 60 Yrs Note: However, many banks require a minimum age of 23 years
Loan Amount	Up to ₹ 2 Cr. Some banks restrict maximum eligibility to ₹ 20 Lakh Interest rates are lower for a higher loan amount
Employment Type	Salaried and self-employed both are eligible 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	Gold ornaments should range in between 18 to 24 Carats 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	Banks do not check CIBIL score for granting a gold loan 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 bars and coins Gold with 18-24 carat purity
Employment track record and income proofs	Banks do not check your job stability or business stability to sanction you a gold loan. Gold loans are granted without income proofs. You only need to submit your basic KYC documents such as address proof, identity proof, and an Aadhaar card to avail of this loan.

Documents for Gold Loan Kharagpur

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

Gold Loan in Kharagpur Eligibility Criteria

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*

The minimum age requirements for the individual should be 21 years.
And maximum up to 60 years.
Should be an Indian National.

How to Apply for Gold Loan Kharagpur

Online Process to Apply for Gold Loan Kharagpur

You can easily apply for the Gold Loan in available banks such as Private, Axis, HDFC, and others through Dialabank online by filling up a simple user-friendly form.

In very 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 9878981166 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 of document pickup from the applicant’s doorstep to ease the process.
Processing your gold loan per gram through Dialabank requires minimum paperwork.
Finally, the Relationship managers are highly trained to guide and serve you in the entire process of Gold Loan.

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*

Offline Process to Apply for Gold Loan Kharagpur

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 which 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.

Processing Fees / Prepayment Charges on Gold Loan Kharagpur

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 (₹)	Bullet Repayment (₹)
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
Bullet Payment (At the end of 12 months)		₹ 3 Lakh
Total Payment	₹ 3.24 Lakh	₹ 3.44 Lakh

CIBIL Score Required for Gold Loan Kharagpur

There is no need for the CIBIL score for Gold loan Kharagpur.

Compare Gold Loan Rate Per Gram and Lowest EMI of All banks in Kharagpur

Bank	Interest Rate	Lowest EMI Per Lakh	Eligible Loan Amount For Max Tenure
SBI Gold Loan	7.50%	Rs. 3,111	Rs. 20 Lakh for 36 months
Muthoot Gold Loan	11.99%	Rs. 3,321	Rs. 50 Lakh for 36 months
Manappuram Gold Loan	12.00%	Rs. 8,885	Rs. 1 Cr for 12 months
HDFC Bank Gold Loan	9.90%	Rs. 4,591	Rs. 50 Lakh for 24 months
Yes Bank Gold Loan	9.99%	Rs. 3,226	Rs. 50 Lakh for 36 months
Private Bank Gold Loan	10.00%	Rs. 8,792	Rs. 15 Lakh for 12 months
Federal Bank Gold Loan	8.50%	Rs. 8,722	Rs. 75 Lakh for 12 months
Canara Bank Gold Loan	7.65%	Rs. 8,683	Rs. 10 Lakh for 12 months
Andhra Bank Gold Loan	10.70%	Rs. 8,824	Rs. 2 Cr for 12 months
Axis Bank Gold Loan	13.00%	Rs. 4,754	Rs. 20 Lakh for 24 months
IndusInd Bank Gold Loan	10.00%	Rs. 8,792	Rs. 10 Lakh for 12 months
PNB Gold Loan	8.75%	Rs. 8,734	Rs. 10 Lakh for 12 months
Fincare Small Finance Bank Gold Loan	12.99%	Rs. 11,721	Rs. 40 Lakh for 9 Months

Gold Loan Kharagpur Agents and Contact Number

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*

One of the leading and most trusted gold loan agents in Kharagpur 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. Contact Number – +919878981166

Pre Calculated EMI Table for Gold Loan Kharagpur

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

About Kharagpur

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*

Kharagpur is an industrial city in the Paschim Medinipur district of West Bengal, India. It is the headquarters of the Kharagpur subdivision. It is the most populated, multicultural, and cosmopolitan city of the district.

Gold Loan in Other Cities

Gold Loan Krishnanagar	Gold Loan Tarakeswar
Gold Loan Murshidabad	Gold Loan Islampur
Gold Loan Medinipur	Gold Loan Bagnan
Gold Loan Raniganj	Gold Loan Chandannagar

✅ How to calculate Gold Loan Interest?

Gold loan interest rates vary depending upon the lending institute, amount of loan availed, loan tenure, loan to value ratio, and quality of gold. One can easily check and compare these rates online with Dialabank.

✅ Which bank is best for Gold Loan in Kharagpur?

HDFC Bank currently offers the best gold loan services in India. Starting with the low rates of interest, HDFC Bank offers various other facilities like a personal locker for your gold, same day disbursement of the loan amount, and the highest LTV ratio, to name a few.