Gold Loan Mumbai and Pune Features:
| Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| Gold Loan Interest Rate | 7.0% per annum |
| Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,268 |
| Processing Fee | 1.50% of the Principal Loan Amount |
| Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| Repayment Tenure | 3 Months to 24 Months |
| Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
What is Gold Loan Mumbai and Pune?
Loan Against Gold: Deposit Your Gold under Lock & Key and Get Finance in just 3 minutes. Gold Loan is the best way to get money in a short span. This loan is secured against Gold Ornaments. Borrowers deposit the gold with the lending bank or NBFC to get money. Banks do the valuation of gold and provide finance according to that valuation. Gold can only be secured in the form of ornaments and jewellery. Earn money against your gold in just 3 minutes rather than keeping it idle at home.
Why Gold Loan?
- Your Gold will be at the Safest Place under Lock and Key with a guarantee in terms of the written agreement.
- Get Instant Cash in just 3 minutes.
- Minimum Paperwork and Documentation.
- If You have Gold, You are Eligible; No hard and fast Eligibility Criteria.
- In-house Evaluation of your Gold.
Major Gold Loan Providers in Mumbai and Pune:
|
Feature |
HDFC Bank | ICICI Bank | Muthoot Finance |
|
Interest Rate |
9.90% |
10.50% |
12% |
|
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 |
|
Preclosure Chgs |
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 | 2500 | 2600 |
2700* |
Gold Loan Mumbai and Pune Features:
- Loan Tenor up to 48 months.
- Loan limit starts from Rs. 1500 to Rs. 1 crore.
- Loan up to 80% value of the gold.
- Attractive interest rates 1% per month.
- Hi-Tech and Strong safety and security of your gold ornaments.
- Flexible repayment options.
- Cash Disbursal in just 3 minutes
- No hidden charges.
Processing & Prepayment Fee on Gold Loan Mumbai and Pune:
|
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 |
| ICICI 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 foreclosure 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 |
Eligibility Criteria for Gold Loan Mumbai and Pune:
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Gold Ornaments should be owned by the applicant or any of the family members.
Documents Required for Gold Loan Mumbai and Pune:
- Proof of Identity – (Passport / Voter’s ID / Driving License/PAN Card/Aadhar Card)
- Signature Proof (Passport /Driving License/Banker’s verification)
- Address Proof- (Ration card /Driving License/ Voter’s ID / Utility Bill (any one within last 3 months) / Registered Rental Agreement. / Credit Card Statement / Passport )
- Date of Birth Proof ( Driving Licence / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing date of birth)
- 2 passport size photographs
MagicLoans.in will give you the Best Gold Loan at your Local place in your neighbourhood. No need to visit banks. No need to carry your precious gold. We offer Doorstep and Personalised services. Fulfill all your needs with Loan Against Gold at Lowest Interest Rates.
Gold Loan Interest Rate of Major Banks
|
Bank |
Interest Rates |
|
7.10% – 14.50% |
|
| 7.10% – 16.10% | |
| Muthoot Finance Gold Loan |
7.10% – 24.00% |
| 7.10% – 17.10% | |
| Manappuram Gold Loan |
7.10% – 26.00% |
| 7.10% – 15.99% | |
| Bank of India Gold Loan |
7.10% – 26.00% |
| 7.10% – 13.50% | |
| IIFL Gold Loan |
7.10% – 12.00% |
| 7.10% – 14.65% | |
|
7.10% – 12.65% |
|
| Allahabad Bank Gold Loan |
7.10% – 10.45% |
| 7.10% – 15.75% | |
| PNB Gold Loan |
7.10% – 11.75% |
| 7.10% – 26% | |
| SBI Gold Loan |
7.10% – 15.99% |
| 7.10% – 15.99% | |
| UCO Bank Gold Loan |
7.10% – 26.00% |
| 7.10% – 13.50% | |
| Syndicate Bank Gold Loan |
7.10% – 12.00% |