Best Banks for Gold Loan in Malout
Gold Loan Malout Features
Gold Loans are currently pretty straightforward and less time overwhelming to avail as most of the foremost banks and NBFCs give the service at an inexpensive Gold loan interest rate and minimum documentation.
Gold Loans are secured loans that will be availed by keeping your Gold ornaments/Jewelry as collateral or margin for short-run credit.
Banks sanction Gold Loan simply considering the actual fact that you just repay the quantity within the type of interest in a very specific amount of your time.
If you fail to repay, the loan is often revived.
Gold Loan Rate Per Gram Today in Malout
Updated - Gold Loan Per Gram Rate w.e.f Mar 17 2025
Gold Weight
Gold Purity
24 CaratGold Purity
22 CaratGold Purity
20 CaratGold 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 Malout Interest Rates and Charges
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 Malout Documents Required
- Signed form
- 2 recent passport size pictures of the user.
- Government-approved ID like Driving license/passport/Aadhar card, etc
- Proof of Address: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Sales Tax certificate.
- Land Proof: just in case of Agriculture Loan of quite Rs. 1 lac.(not needed for agricultural purpose)
- Certificate by the Jewel Appraiser (Bank can arrange)
- Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
- A Demand note.
- Proof of financial gain (i.e. regular payment slips/ kind 16)
Gold Loan in Malout Eligibility Criteria
- The applicant must be at least 21 years old.
- The applicant should not be more than 60 years of age.
- The applicant must have Indian nationality.
GOLD LOAN @ 0.75%*
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