Syndicate Bank Gold Loan

Gold Loan at 7.10%* p.m.

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Syndicate Bank Gold Loan Key Features

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

What is Syndicate Bank Gold Loan?

Syndicate Bank has been one of the oldest and major commercial bank in the country. It was nationalized in 1969 and ever since it has been performing all of the functions of the bank. The gold loan has also been one of the major functions being performed by the bank. This is a type of loan that is given to the applicant against the gold deposited by him for a mortgage. Looking for financial help? Apply now and get a gold loan easily and quickly. Attractive interest rates are available. Instant approval and quick disbursement. Apply now and fulfill your financial need in just one click.

Advantages of Taking a Gold Loan:-Syndicate Bank 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

Interest Rate of Syndicate Bank Gold Loan:

  1. Generally, the 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 equal to 2000
  4. The borrower will be given an option to pay only interest during the entire term and at the end of the tenure, you can pay the complete borrowed amount in a single shot

Check Your Eligibility:

There are some conditions that the applicant should fulfill to get Syndicate Gold Loan. These are written below

First of all age of the applicant should be more than 18 years and less than 65 years. He/she should be able to return the loan amount on time.

Besides that, she/he should have some rigid source of income so that he can give an interest rate to the bank.

After that applicants should have gold in the form of jewelry. But the purity of the gold should be 18 karats to 22 karats.

Documentation required for Syndicate Bank Gold Loan

The process of documentation is very easy and simple.

  1. Identity proof (Passport/Id card/voter card/driving license) can be any one of them.
  2. 3 passport size photos
  3. A passport is can be an ID proof because a passport has a name, age, address, and photograph of the customer. If you are having a passport then there is no need to bring your address proof separately.
  4. Residence proof can be Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
  5. Driving license can also be a proof of identity and residence proof because it contains the name, date of birth and a photograph of the customer.
  6. Aadhar card provided by UIDAI that contains biometric details of the customers like age date of birth and photograph of the individual.
  7. PAN card is the permanent account number and it prevents financial frauds. So it can be an identity/residence proof. Pan Card is a very essential document under KYC (know your customer) formality.
  8. Ration card also can be a residence proof because it provides enough information about the applicant.

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.

Why Magicloans.in is an excellent platform to apply for a loan?

Here, we are to provide you with the loans, and here we are to offer loans and tell you why Magicloans.in is better than other websites.

Magicloans.in here values your time, and thus we provide you loans in a quicker period. There are many perks if you choose us over the other website:

  1. To begin with, you will enjoy many benefits if you decide to take your personal loan from us
  2. After that, you have to fill the personal Loan form, and you will receive a call from our relationship manager.
  3. Besides this, more concessional rates will be provided to you besides all of the other facilities.
  4. And there is no need to go to the bank.
  5. Furthermore, your documents will be picked up from your doorstep.

Syndicate Bank Gold Loan Features

  1. First of all Know your Personal loan eligibility in 1 minute, available online and across all branches.
  2. After that Highly competitive interest rates for personal loans.
  3. Besides that Special offers, interest rates, and nominal charges for Syndicate Bank account holders.
  4. And Special personal loan offers* for women employees.

Syndicate Bank Gold Loan Benefits

  1. First of all Simple documentation
  2. After that Competitive pricing
  3. Besides that personal loan disbursal is very quick.
  4. And Transparent procedure
  5. Gold Loans available for Marriage and other Personal Needs.

How to Apply on magicloans.in?

  1. To begin with, you have to look up for magicloans.in on google.
  2. Thereafter, a form will open up and you have to fill-up the form with the appropriate information.
  3. You will get more information from us following that.
  4. Search for magicloans.in on google

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%