Major Gold Loan Providers in Singrauli
Feature
HDFC Bank
SBI
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
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 Singrauli Features
Running short out of cash?
Do you not know what to do?
Gold Loan is available for you do not need to worry. This loan requires less paperwork, as it is unsecured, and you can get your loan approved within 48 hours after all the verification process.
Gold Loan Singrauli loan provides financial aid to the customers at the best affordable Lowest Gold Loan Interest Rate. The applicant needs to have a firm and good source of income and has good credit history to get a Gold Loan, which will make the verification and loan approval process faster.
Furthermore, you can get a loan up to 75 per cent of the market value of gold; this is due to fluctuation in the market price of the gold.
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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
Gold Loan Rates by Purity in Singrauli
Updated - Gold Loan Per Gram Rate w.e.f Dec 22 2024
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
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Gold Loan Singrauli Interest Rates – Dec 22 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 Singrauli – Dec 22 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
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Gold Loan Eligibility Criteria in Singrauli
Minimum and Maximum Age
Note: However, many banks require a minimum age of 23 years
Loan Amount
Interest rates are lower for a higher loan amount
Employment Type
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
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
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 with 18-24 carat purity
Employment track record and income proofs
Documents for Gold Loan Singrauli
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
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Gold Loan Singrauli Eligibility Criteria
- The age limit of the individual should be a minimum of 21 years and a maximum of up to 60 years.
- Must be having Indian Nationality.
How to Apply for Gold Loan Singrauli
Online Process to Apply for Gold Loan Singrauli
At Dialabank, you can apply for a Gold Loan.
- Fill a simple form online.
You will get a call back from our representative after you fill the form. Furthermore, you will get a document to pick up the facility from your doorstep.
You can call on 9878981166 anytime for more information.
Dialabank is considered the best platform to Apply For Gold Loan online. So many reasons are there behind this, some of them are:
- Dialabank provides the best financial services to customers all over the country; it is India’s first financial helpline.
- Dialabank guides the customers free of cost. No additional charges of applying for a gold loan online on the website of Dialabank are required.
- You will get a high LTV of your gold, which is one more benefit.
- Besides that, because of its best and fast services, the bank has a good reputation among the customers.
- You will get a low HDFC Gold Loan Interest Rate if you apply for a gold loan on Dialabank.
- Dialabank provides a document pickup facility from the doorstep of the customer to ease the process.
- Also, very little paperwork is required while applying for a gold loan through Dialabank.
- Finally, to guide and serve you in the entire process of Gold Loan, the Relationship managers are trained thoroughly.
Offline Process to Apply for Gold Loan Singrauli
The applicant also can avail of Gold Loan from the nearby branches. Search “Gold Loan near me” on google to do so. All the branches of banks and finance companies providing loans near you will be enlisted. You can select them according to your preference and knowledge, but in a quicker and better manner, Dialabank can do that for you.
Then you have to visit those departments and apply for the loan and have to visit many times before than loan gets finally approved.
HDFC Gold Loan branches and Muthoot Gold Loan branches are some banks and finance companies where this process is much faster.
HDFC Gold Loan Branches can also avail you of loans. As well as to find a branch that is nearby, search Muthoot Gold Loan near me. Google will enlist all the Muthoot Gold Loan Branches near you.
Processing Fees / Prepayment Charges on Gold Loan Singrauli
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EMI Gold Loan Scheme with Bullet Repayment Scheme Comparison
Monthly Payment
EMI Scheme (₹)
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
₹ 3 Lakh
Total Payment
₹ 3.24 Lakh
₹ 3.44 Lakh
CIBIL Score Required for Gold Loan Singrauli
Having a good CIBIL score is a must before applying for a gold loan; that is why every lending institution has its criteria for the minimum CIBIL score required for processing a Gold Loan application in Singrauli. A minimum score of 750 to process your loan application is required by most institutions.
Along with your CIBIL score, the institutions also have a detailed look at the behaviour of the previous loans taken by you. These details include the type of loan taken and the amount borrowed by you. Any delayed payments for previous loans can become an obstacle to your availing of a fresh loan. So make sure your CIBIL score is good before applying for a loan.
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Compare Gold Loan Rate Per Gram and Lowest EMI of All banks in Singrauli
Bank
Interest Rate
Lowest EMI Per Lakh
SBI Gold Loan
7.50%
Rs. 3,111
Muthoot Gold Loan
11.99%
Rs. 3,321
Manappuram Gold Loan
12.00%
Rs. 8,885
HDFC Bank Gold Loan
9.90%
Rs. 4,591
Yes Bank Gold Loan
9.99%
Rs. 3,226
Private Bank Gold Loan
10.00%
Rs. 8,792
Federal Bank Gold Loan
8.50%
Rs. 8,722
Canara Bank Gold Loan
7.65%
Rs. 8,683
Andhra Bank Gold Loan
10.70%
Rs. 8,824
Axis Bank Gold Loan
13.00%
Rs. 4,754
IndusInd Bank Gold Loan
10.00%
Rs. 8,792
PNB Gold Loan
8.75%
Rs. 8,734
Fincare Small Finance Bank Gold Loan
12.99%
Rs. 11,721
Gold Loan Singrauli Agents
Dialabank is one of the leading and most trusted gold loan agents in Singrauli. Give me a call at 9878981166, or you can apply online at www.dialabank.com.
By providing you with a detailed and structured market comparison of different banks so that you do not need to worry about the complex information and process you have to go through, and hence you can make the right choice, Dialabank helps you to find the best option between several Banks and NBFCs. Visit our website www.dialabank.com and fill a simple form asking for some details and after that our customer relationship managers will soon get in touch with you.
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Gold Loan Singrauli Contact Number
Call 9878981166 and get instant help and approval for Gold Loan in Singrauli right now.
Pre Calculated EMI Table for Gold Loan Singrauli
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About Singrauli
Singrauli is a city in Singrauli district in the Indian state of Madhya Pradesh and Commissionaire of Rewa.
Other Gold Loan Cities in Madhya Pradesh
Gold Loan Sidhi | Gold Loan Shujalpur |
Gold Loan Shivpuri | Gold Loan Sheopur |
Gold Loan Shamgarh | Gold Loan Seoni |
Gold Loan Sendhwa | Gold Loan Sausar |
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Gold Loan Singrauli FAQs
✅ What is a gold loan valuation?
A Gold loan valuation is a process carried out at the bank’s branch by an authorised evaluator. The evaluator evaluates your gold and determines its market value. Based on this valuation, the bank offers you the maximum loan amount and also quotes your a rate of interest.
✅ Personal loan or loan against gold which is better?
A loan against gold is better than a Personal Loan for 3 major reasons.
- First, the Rate of Interest charged by banks is lower than the interest rate on a Personal Loan.
- The process is faster to get money through a Loan Against Gold. The total time required for getting your money transferred to your account is 60 minutes.
- The Loan Against Gold/Gold Loan’s eligibility is independent of your income and your credit history; anyone and everyone is eligible for a gold loan irrespective of their employment.
✅ What is the margin for a loan against gold?
Banks maintain a margin of at least 25% for gold loans/loans against gold. You can avail a maximum of 75% of your gold’s market value as the loan amount. For example, if your gold values at Rs. 10 Lakh in the market, then banks will offer you a maximum loan amount of Rs. 7,50,000.