Utkarsh Small Finance Bank Gold Loan

Gold Loan at 7.10%* p.m.

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Utkarsh Small Finance Bank Gold Loan Key Features – Apply Now!

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

 

About Utkarsh Small Finance Bank Gold Loan:

This is a small finance bank designed to fulfill the daily needs with out financial service. Being a small firm gold loans are a relative good source of income. These loans can be used for many purposes like  expansion of business etc.

Eligibility for Utkarsh Small Finance Bank Gold Loan:

There are some conditions that the applicant should fulfill to get Utkarsh Small Finance Bank Gold Loan.These are written below:

  1. The applicant should be at least 18 years old but less than 65 years old.
  2. Along with this they should be capable and also have the intention of returning the loan on the right time. 
  3. Besides that, the applicant should have some source of regular income making him capable enough to take care of the interest payments.
  4. After that applicant should have gold in the form of jewelry. But the purity of the gold has to be between 18 karats to 22 karats.

Features:

  1. First of all Utkarsh Small Finance Bank Gold Loan doesn’t accept gold in the form of gold bars, and gold coins.
  2. Starting amount of that can be provided to the customers is Rs.10,000 here and it can be extended up to one Crore.
  3. Time for the disbursal of the loan is very less here. Therefore you will be able to get the amount of loan in your account within a few minutes.
  4. Utkarsh Small Finance Bank Gold Loan provides very tight security to the gold assets provided by the customers. So customer’s gold is kept under three-layer security. So there is no risk.
  5. Most noteworthy is that there are no charges for the for closure.
  6. Utkarsh Small Finance Bank Gold Loan provides the facility of prepayment also, there are no penalty charges for this.
  7. The customer can return the loan amount from 1 day to 36 months.
  8. 1% of the loan amount is charged as the processing fees.• Most importantly there are no prepayment or part payment charges.
  9. Besides, that service tax and other governmental tax charges will be applied.
  10. Interest Rate of Utkarsh Small Finance Gold Loan

Interest rate of Utkarsh Small Finance Bank Gold Loan starts from 7.10%. More the interest rate more will be the EMI. The scheme which will be followed for the repayment of the loan is Bullet repayment scheme.

Documentations for Utkarsh Small Finance 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 acts as 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 from the financial frauds. So it can be an identity/residence proof. Pan card is 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.

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.

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 Karur Vysya Bank account holders.
  4. And Special personal loan offers* for women employees.

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. Personal 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%