Best Banks for Gold Loan in Nagpur
Gold Loan Nagpur Features
Gold Loan Nagpur has brought to you a brilliant gold loan serviceability in which you are given loan at an affordable interest rate, and you have to give your gold ornaments to the band as insurance. The whole loan sanctioning procedure will be done speedily, and the applicant has to bring minimum documents for authentication. Further, the applicant’s income source should be vital, and credit history should be acceptable.
Gold Loan Rate Per Gram Today in Nagpur
Gold Loan in Nagpur Interest Rates and Charges
Gold Loan in Nagpur Documents Required
- First of all, one proof of identity is required. Anyone of the given proofs is accepted (AadhaarCard/Voters Card/Driving License/ Passport)
- After that, one proof of residence is also required to get a gold loan. It can be (AadhaarCard/PAN Card/Ration Card/ Electricity Bill of last three months with the name of the applicant/ Telephone Bill of last three months with the name of applicant / Passport Copy)
- In Addition to that 2 passports sized coloured photographs are also required to get a gold loan.
- Proof of ownership of Land is required if you are applying for an agriculture gold loan.
Additional Documents Required for Gold Loan Nagpur
- An Ornament certificate by the evaluator (Bank will get that for an applicant).
- Property Proof: In the case of Farming Loan of more than Rs.1 lac. By then, the proof isn’t obligatory for associated agronomy purposes.
- Affirmation of Revenue: Income Record and Form No.16
- A Promissory Letter.
Gold Loan in Nagpur Eligibility Criteria
- First of all, the minimum age of the applicant should be 18 years.
- The applicant should have Indian citizenship.
Gold Loan Nagpur Agent and Contact Number
Magicloans is an essential representative for accounting gold loans in Nagpur. For applying online, you can visit MagicLoans online.
Best Banks and NBFCs can be elected easily with the Magicloans assistance where it helps their customers with the varied points of different banks to select the best one. The candidate can fill the online form by visiting the Magicloans website. Receive the Relationship Manager call after the submission of the form.
Call on 9878981144 for the inquisitions regarding the gold loan approval and customer services in Nagpur.
Pre Calculated EMI Table for Gold Loan Nagpur
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 Nagpur
Nagpur is the 3rd largest city & the capital of the state of Maharashtra. It is the 13th largest city in India by population, and according to an Oxford Economics report, Nagpur is projected to be the fifth fastest-growing city in the world from 2019 to 2035 with an average growth of 8.41%. It has been proposed as one of the Smart Cities in Maharashtra and is one of the top ten cities in India in Smart City Project execution.