Best Banks for Gold Loan in Madurai:
Gold Loan Madurai Features:
During a crisis, do you ever get through any sort of the economic situation in any way? For many people, the absence of cash has become a great concern. Try not to stress; with each question, Gold Loan has the answer. This loan is basically backed up by tiny papers. This loan will be approved in 48 hours if the confirmation process is done. The Madurai Gold Loan is a secured credit that has helped buyers at good interest rates.
To take a Gold Loan and settle on a fair credit record, the borrower must have a strong and robust supply of financial benefits. And for the Gold loan, the salary of the employee is not reduced. At any time and from anywhere, the borrower will be ready to accept the loan.
Gold Loan Rate Per Gram Today in Madurai:
Gold Loan in Madurai Interest Rates and Charges:
Gold Loan in Madurai Documents Required:
- Address Proof: Ration card/ Telephone or Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
- Signature Proof: Passport’s Copy/Driving License/Banker’s verification/cheque.
- Identity Proof: Passport’s Copy/ Voter’s ID card/ Driving License/Aadhaar card.
- Two passport size photographs.
Additional Documents Required for Gold Loan in Madurai:
- Proof of Land: More than Rs.1 lac. There is, therefore, no need for evidence for particular agricultural projects in the sense of the Agronomy Loan.
- A Promissory Letter.
- Salary Proof: Declaration of Pay and Form No.16
- Ornament Appraiser’s Certificate (The bank is going to arrange it for a candidate).
Gold Loan in Madurai Eligibility Criteria:
- For the applicant, the minimum age required by the bank is 21 years and a maximum of 60 years.
- An Indian citizen must be the client.
Gold Loan in Madurai Agent and Contact Number:
MagicLoans is the leading agent for using Madurai for gold lending. You can conveniently fill out a simple online application with ease 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 out a manageable application with your personal and work details. Our customer relationship managers will soon get in touch with you.
In Madurai, call 9878981144 and immediately receive assistance and approval for personal loans.
Pre Calculated EMI Table for Gold Loan in Madurai:
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 Madurai:
In the Indian state of Tamil Nadu, Madurai is a major city. It is Tamil Nadu’s cultural capital and the administrative headquarters for the Madurai District and Pandya Nadu, Tamil Nadu’s third-largest city and India’s 44th most populated city. Located beside the banks of the Vaigai River, Madurai has been a major settlement for two centuries.
With the Meenakshi Temple and the Tirumalai Nayak Palace being the most famous, the city has a number of historical monuments. In South Tamil Nadu, Madurai is an important industrial and educational centre. The city is home to various manufacturing firms in the automotive, rubber, chemical and granite industries.