Gold Loan Singrauli

AT 0.75%* INTEREST RATE
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    Gold Loan Singrauli

    Major Gold Loan Providers in Singrauli

    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 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.

    GOLD LOAN @ 0.75%*

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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

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

    Gold Loan Rates by Purity in Singrauli

    Updated - Gold Loan Per Gram Rate w.e.f Dec 22 2024

    Gold Weight Gold Purity
    24 Carat
    Gold Purity
    22 Carat
    Gold Purity
    20 Carat
    Gold 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
    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 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

    1. The age limit of the individual should be a minimum of 21 years and a maximum of up to 60 years.
    2. 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:

    1. Dialabank provides the best financial services to customers all over the country; it is India’s first financial helpline.
    2. Dialabank guides the customers free of cost. No additional charges of applying for a gold loan online on the website of Dialabank are required.
    3. You will get a high LTV of your gold, which is one more benefit.
    4. Besides that, because of its best and fast services, the bank has a good reputation among the customers.
    5. You will get a low HDFC Gold Loan Interest Rate if you apply for a gold loan on Dialabank.
    6. Dialabank provides a document pickup facility from the doorstep of the customer to ease the process.
    7. Also, very little paperwork is required while applying for a gold loan through Dialabank.
    8. 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

    Gold Loan SingrauliThe 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

    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

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    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 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
    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 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.

    GOLD LOAN @ 0.75%*

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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

    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

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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.