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Capital Small Finance Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

What is Capital Small Finance Bank Gold Loan?

Gold loan is a one-stop solution for all your needs if are in need of urgent finances. If you have Gold in your safe then there is no need to worry as you can use it for any purpose. It is a hassle-free process with minimal documentation.

Advantages of Capital Small Finance Bank Gold Loan 

This Bank also provides easy processing and quick disbursal.

The loan requires minimum documentation.

It also provides a loan at a low rate of interest.

You get safe and secure custody to your Gold.

Get instant approval.

Eligibility of Capital Small Finance Bank Gold Loan

It also offers loan amount depending on the purity and quantity of the gold.

Age of Applicant must be more than 18 years and less than 65 years.

Applicant must have a stable source of income So that He/She can pay the EMI and loan.

Processing Charges and Interest Rates

The maximum Loan Amount of Rs. 10 Lakh.

Maximum Loan to Gold Value Ratio offered by Canara Bank Up to 75%.

The purity of gold should be 18karat to 22karat gold, only then it is acceptable.

Loan Tenure offered by Canara Bank gold loan is 12 months.

Documents for Capital Small Finance Bank

Gold Loan

The applicant needs to submit KYC documents for the Sanctioning of Gold loan.

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 (anyone within last 3months)/ Registered Rental Agreement/ Credit Card Statement/ Passport ).

Date of Birth Proof (Driving Licence/ PAN Card/ Passport/ Birth Certificate / 10th / 12th mark sheet bearing a date of birth).

2 passport size photographs.

How to Apply for Capital Small Finance Bank Gold Loan?

It is very easy to apply for Gold Loan. There are also 2 methods of applying, one is offline and another is online.

In the Offline process, you have to visit the branch of the bank to fill the application form where you need to provide all the required information and until the sanctioning of the loan you need to visit the branch.

And, in the Online process, you have to visit the site bookmyloans. and need to fill up your information there.

What is Capital Small Finance Bank Gold Loan Interest Rate?

Gold Loan is a service that provides its customers with cash at the best rate of interest. In contrast to other services like Personal Loan and Home Loan, Gold Loan Interest Rate is quite less and reasonable. On average it starts at 10.75% per annum and can go up to 24% per annum. Different Banks and NBFC’s provides different interest rate to the customers.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

10.00% – 14.50%

ICICI Gold Loan

10.00% – 16.10%

Muthoot Finance Gold Loan

12.00% – 24.00%

Axis Bank Gold Loan

14.50% – 17.00%

Manappuram Gold Loan

19.00% – 26.00%

Yes Bank Gold Loan

10.00% – 15.99%

Bank of India Gold Loan

19.00% – 26.00%

Federal Bank Gold Loan 

11.75% 13.50%

IIFL Gold Loan

12.00% – 12.00%

Central Bank of India Gold Loan

12. 90% – 14.65%

Canara Bank Gold Loan

12.65% – 12.65%

Andhra Bank Gold Loan

11.70% – 10.45%

Induslnd Bank Gold Loan

11.15% – 15.75%

PNB Gold Loan

10.75% – 11.75%

Bajaj Finance Gold Loan

14% – 26%

Bandhan Bank Gold Loan

11.5% – 14.5%

DCB Bank Gold Loan

14% – 16%

SBI Gold Loan

11.05%-15%

Indian Bank Gold Loan

10.00% – 15.99%

UCO Bank Gold Loan

19.00% – 26.00%

Kotak Mahindra Bank Gold Loan

11.75% – 13.50%

Syndicate Bank Gold Loan

12.00% – 12.00%

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