Karnataka State Co-operative Apex Bank Gold Loan

Gold Loan at 7.10%* p.m.

Apply & Get Instant Money

Karnataka State Co-operative Apex Bank Gold Loan Key Features – Apply Now!

Karnataka State Co-operative Apex Bank Gold Loan Interest Rate 7.10% per annum
Karnataka State Co-operative Apex Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,255
Karnataka State Co-operative Apex Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Karnataka State Co-operative Apex Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Karnataka State Co-operative Apex Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Karnataka State Co-operative Apex Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Karnataka State Co-operative Apex Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

 

Why Karnataka State Co-operative Apex Bank Gold Loan?

Need finance to fulfil your need? Don’t worry apply for gold loan now and get Instant approval. Attractive interest rates and flexible offers are available. Apply now and fulfil your financial needs in just few hours. Hurry!!

What is Gold Loan?

The loan that is given against gold, is known as Gold Loan. This includes the gold ornaments of the borrower excluding the diamond articles and mangal sutra. The borrower keeps his gold ornaments as collateral with the lender and takes the money against those ornaments.. Many go for the fulfillment of their short term goal through gold loans, such as their child’s education, marriage or other family problems. Many think that instead of keeping it idle at home or in a locker, the gold loan is the best option.

Advantages of taking Gold loan:-

  1. Easy and Hassel-free Process
  2. Approval in 30 minutes
  3. Simple Documentation
  4. Dedicated Assistance
  5. No salary certificate or credit card history is required
  6. Lowest Interest Rate

Karnataka State Co-operative Apex Bank Gold Loan Interest Rate:

Interest Rate:

  1. Generally gold loan is available at the interest rate of 7.10% to 14.5%
  2. ROI for tenure less than 1 year is also available at 1%
  3. Processing fees equals to 2000
  4. Borrower will be given an option to pay only interest during the entire term and at the end of the tenure, you can pay complete borrowed amount in a single shot

Karnataka State Co-operative Apex Bank Gold Loan Eligibility & Documents:

Check Your Eligibility:

  1. Age: 21 years and above
  2. Profession: Anybody with steady source of income including: Bank Employees, Pensioners

Documents:

  1. Identity Proof (Passport Copy/ Voters ID card/ PAN Card/Aadhaar Card).
  2. Address proof (Passport/ Electricity Bill/Telephone bill/ Aadhaar Card).
  3. Signature proof (Passport/ PAN Card/Banker’s verification/ cheque).
  4. 2 passport size photographs

Know about the terms and conditions:

  1. Foreclosure Charges- charges that are to be paid when the loan is closed before the tenure is completed.
  2. Foreclosure charges can be up to 1%.The minimum loan tenure is 6 Months.
  3. So foreclosure charges after 6 months are 0.
  4. Charges for late payment of loan amount
  5. 2% p.a. as penal interest over and above the applicable rate of interest.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.10% – 14.50%

ICICI Gold Loan

7.10% – 16.10%
Muthoot Finance Gold Loan

7.10% – 24.00%

Axis Bank Gold Loan

7.10% – 17.10%
Manappuram Gold Loan

7.10% – 26.00%

Yes Bank Gold Loan

7.10% – 15.99%
Bank of India Gold Loan

7.10% – 26.00%

Federal Bank Gold Loan 

7.10% – 13.50%
IIFL Gold Loan

7.10% – 12.00%

Central Bank of India Gold Loan

7.10% – 14.65%

Canara Bank Gold Loan

7.10% – 12.65%

Allahabad Bank Gold Loan

7.10% – 10.45%

Induslnd Bank Gold Loan

7.10% – 15.75%
PNB Gold Loan

7.10% – 11.75%

Bajaj Finance Gold Loan

7.10% – 26%
SBI Gold Loan

7.10% – 15.99%

Indian Bank Gold Loan

7.10% – 15.99%
UCO Bank Gold Loan

7.10% – 26.00%

Kotak Mahindra Bank Gold Loan

7.10% – 13.50%
Syndicate Bank Gold Loan

7.10% – 12.00%