Gold Loan Sihora
Gold that we use as an ornament can also be used to take a loan. Many people fear to deposit their gold in the bank but need not worry about your gold as it 100% secure. You can apply very quickly for a Gold Loan Sihora, and the rate of interest for gold loan is the least in the market.
Gold Loan Sihora Interest Rates
Loan against gold is available at a very reasonable rate of interest. The main reason behind low interest is that this Gold Loan Sihora comes under secured loans. The Rate of Interest does change after some time, but there are no such significant changes that have been noticed so far.
- Gold Loan Rate of Interest is 9.90%
- Offers quite low processing fee @ 0.85%
- You can take Gold Loan for a minimum period of 6 months that can go maximum up to 5 years
| 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 Sihora Eligibility
- Gold Loan Sihora is easy to avail a gold loan. Keep the following things in mind to ensure yourselves whether you are eligible for a loan or not:
- A person with 10 grams of gold can avail loan
- The person availing loan must be a citizen of India and should not be below the age of 18
- There is no CIBIL Score checked so that anyone can go for it
- Only 18 karats and 22 karats of gold is accepted
- Gold must be in the form of an ornament; no biscuits or coins are acceptable for gold loan disbursal.
Know More – What is CIBIL Score?
Documents Required for availing Gold Loan Sihora
- Two passport-sized photographs
- Any ID proof like PAN card/Adhaar Card/ Passport copy
- Residence proof (Any Utility bill/ Adhar Card/ Ration Card)
*Note: In the case of women, banks can provide loans up to 1 Lakh without PAN card.
Gold Loan Sihora Features and Benefits
- Your gold is 100% secured with the banks.
- Lower interest rates are available as compared to other schemes and offers
- Very less paperwork is into action while proceeding with the procedure
- The genuine and maximum value of your gold is given
- Disbursal of the loan in just 30 minutes
GOLD LOAN @ 0.75%*
APPLY NOW
How to Apply for Gold Loan Sihora?
Now you can apply online for Gold Loan by sitting at your home with one click. All the services will be provided to you by our customer relationship managers who will help you choose the right type of loan for you with the right bank.
Just fill a simple form displayed on our website related to your details so that our customer care department can check your financial status and your eligibility for the loan that you have applied.
Our Customer Relationship Managers will contact you and allocate the right bank to you. The bank executives will arrive at your doorsteps to collect the required documents from you. Only at the time of submission of gold you have to pay a visit to the bank, the rest will be taken care of by the bank’s executives. For further information please contact +91 9878981166.
