Question: How Much Is Gold Loan Per Gram In KSFE?

Which bank is best for gold loan?

Bank / NBFCGold Loan Interest RateProcessing FeeKotak Mahindra Bank10.5% to 17%Upto 2%HDFC Bank9.50% to 17.55%1.50% + GSTBandhan Bank10.99% to 18.00%1% + GSTICICI Bank10% to 19.76%1% of loan amount25 more rows•7 days ago.

Is it safe to keep gold in Muthoot Finance?

Muthoot Fincorp gold finance keeps your gold safe. Contact our customer care representative at 1800-102-1616 for details.

What are the documents required for Muthoot Gold Loan?

Documents Required for Muthoot Gold Loan Identity proof: PAN Card, Driving License, Passport, Voter’s ID Card, Aadhar Card. Address proof: Voter’s ID Card, Aadhar Card, Rent Agreement, Utility Bills, Bank Statement.

What is P gold loan of SBI?

SBI Gold Loan Interest Rates Nov 2020SBI Gold Loan Rate7.50% onwardsProcessing Fee0.50% of the loan amount, minimum Rs. 500Loan Tenure3 months to 36 monthsLoan Amount₹ 20,000 to ₹ 20 LakhPrepayment ChargesNil1 more row

How can I get gold loan from SBI?

Application for a gold loan with two copies of photographs, proof of identity with proof of address, and witness letter in case of illiterate borrowers are required for availing gold loan from SBI. The minimum loan amount one can take is Rs 20,000 and the maximum is Rs 50 lakh, according to SBI.

What is the rate of gold loan per gram in SBI?

SBI Gold Loan CalculatorEligibility CriteriaSBI Gold LoanGold Loan per gram₹ 2,702 to ₹ 3,303 depending on the purity of goldAge of Borrower21 – 65 yearsMaximum Loan Amount₹ 20 LakhMaximum Loan to Gold Value RatioUp to 75%3 more rows

How is gold loan amount calculated?

✅How is gold loan interest calculated? You can calculate the gold loan interest by subtracting the principal amount from the total amount to be paid. The total amount you would pay by the end of tenure can be calculated with the help of an EMI calculator.

Which is better gold loan or personal loan?

As longer loan tenure converts into higher interest cost, opting for a gold loan might be a more cost-effective option for those confident of repaying their loan within one or two years. Personal loan would be a better choice for those seeking a bigger loan amount and longer tenure.

How much is gold loan per gram in muthoot?

Muthoot Gold Loan Rate Per Gram by Gold PurityGold PurityGold rate per gram- average of past 30 daysMuthoot best Gold Loan per gram22 carat₹ 48,929₹ 3,30320 carat₹ 44,481₹ 3,30318 carat₹ 40,033₹ 2,702Aug 20, 2020