What is ESAF Small Finance Bank Gold Loan?
Due to the expenses of today’s world, we sometimes face a financial crunch, but our needs do not stop. Gold loan is the right choice for the people in financial needs. The customer can use the amount for any use of his. ESAF Small Finance Bank helps in getting you financial aid at a very low rate of interest.
Advantages of ESAF Small Finance Bank Gold Loan
- Bank provides easy processing of the loan.
- Gold Loan requires very minimal documentation.
- It also provides loan at a low rate of interest.
- Dedicated Assistance by professionals.
Interest Rate of ESAF Small Finance Bank Gold Loan
Different banks have different rates of interest but generally, gold loan is available at the interest rate starting from 11.5%.
Eligibility for ESAF Small Finance Bank Gold Loan
Age: 21 years and above
The profession of the borrower should be stable with a fixed salary.
Minimum 10 grams of gold is required to avail the loan.
24 karat gold is not accepted, a maximum of 22 karat is accepted.
Documents for ESAF Small Finance Bank Gold Loan
Identity Proof (Passport Copy/ Voters ID card/ PAN Card/Aadhaar Card).
Address Proof(Passport/ Electricity Bill/Telephone bill/ Aadhaar Card).
Signature Proof ( Passport/ PAN Card/Banker’s verification/ cheque).
2 passport size photographs.
About ESAF Small Finance Gold Loan
ESAF Small Finance is small finance provider with its headquarters in Kerala. It is a very new bank which came into existence in 2017.
How to Apply?
- A person can easily apply online on bookmyloans
- The process is very easy and hassle-free.
- You can visit ESAF Small Finance Bank near you.
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% |