Best Banks for Gold Loan in Coimbatore
Gold Loan Coimbatore Features
Do you go through some form of the financial situation during a crisis? The shortage of cash has become a significant concern for many individuals. Try not to stress; Gold Loan has the answer to each question. Limited paperwork practically covers this loan. If the confirmation process is completed, this loan will be accepted in 48 hours. The Gold Loan is a secured type of a loan in Coimbatore.
The borrower must have a strong and robust supply of financial benefits to take a Gold Loan and settle on an acceptable credit record. And for the Gold loan, the employee’s salary is not reduced. The borrower will be ready to use the loan at any time and from anywhere.
Gold Loan Rate Per Gram Today in Coimbatore
Gold Loan in Coimbatore Interest Rates and Charges
Gold Loan in Coimbatore Documents Required
- Identity Proof: First of all, the customer should need following documents anyone of the given proof is accepted by the banks such as Aadhaar Card/Ration card/Driving License/Voters Card.
- Residence Proof: After that, the borrower should require the following proofs of residence to get a gold loan such as Ration Card/Aadhaar Card/Electricity Bill on the name of the applicant of last three months.
- The applicant has two passport size photos.
- Signature Proof: Driving License/Banker’s verification cheque/Passport Copy.
Additional Documents Required for Gold Loan Coimbatore
- Land Evidence: More than Rs.1 lac. There is no need for evidence in the sense of the Agronomy Loan for unique agricultural purposes, then.
- A Letter of Promissory.
- Ornament Appraiser Certificate (for a candidate, the bank will arrange it).
- Salary Proof: Income Report and Form No.16
Gold Loan in Coimbatore Eligibility Criteria
- For the applicant, the minimum age expected by the bank is 21 years, and a maximum of 60 years.
- An Indian citizen must be the client.
Gold Loan Coimbatore Agent and Contact Number
MagicLoans is the leading agent for Coimbatore’s use of gold lending. You can fill out a simple online application very fast at MagicLoans.
MagicLoans helps you to find the best choice for banks and NBFCs by providing you with a detailed market study of various banks so that you can make the correct decision. Visit our MagicLoans website to fill in a simple application with your personal and work details. Our customer relationship managers will soon get in touch with you.
In Coimbatore, call 9878981144 and obtain personal loan assistance and approval instantly.
Pre Calculated EMI Table for Gold Loan Coimbatore
Rate of Interest |
6 months |
1 Yr |
2 Yrs |
3 Yrs |
| 7.00% | 17008 | 8652 | 4477 | 3088 |
| 8.00% | 17058 | 8699 | 4523 | 3134 |
| 8.50% | 17082 | 8722 | 4546 | 3157 |
| 9.00% | 17107 | 8745 | 4568 | 3180 |
| 9.50% | 17131 | 8678 | 4591 | 3203 |
| 10.00% | 17156 | 8791 | 4614 | 3227 |
| 10.50% | 17181 | 8815 | 4637 | 3250 |
| 11.00% | 17205 | 8838 | 4661 | 3274 |
| 11.50% | 17230 | 8861 | 4684 | 3298 |
| 12.00% | 17254 | 8885 | 4707 | 3321 |
| 12.50% | 17279 | 8908 | 4731 | 3345 |
| 13.00% | 17304 | 8932 | 4754 | 3369 |
| 13.50% | 17329 | 8955 | 4778 | 3393 |
| 14.00% | 17354 | 8979 | 4801 | 3418 |
| 14.50% | 17378 | 9002 | 4825 | 3442 |
| 15.00% | 17403 | 9026 | 4845 | 3466 |
About Coimbatore
Coimbatore is the second largest city of Tamil Nadu. This city is growing at a rapid rate, and it is already an industrial, Commercial and IT hub. This city is also known as Manchester of South India. Coimbatore has a wide variety of museums and galleries in the city such as Naidu Museum & Industrial Exhibition and the Grass forest Museum.