Features of Syndicate Bank Gold Loan
|Purpose behind availing this loan scheme||You can avail this loan in order to fulfill any credit requirement of yours|
|Penal Interest||2% above the interest rate on the outstanding balance to be paid back|
|Repayment tenure||3 years|
|Processing and document charges||NIL|
Likewise, how can I get gold loan from Syndicate Bank?
One can apply for the gold loan online within a few minutes through Dialabank. If a borrower is eligible, Syndicate Bank Gold Loan can be approved within 5 minutes. After the approval of a gold loan, the loan amount is disbursed quickly if the borrower has all the documents that are required.
In this way, what is SBI gold loan rate?
What is the rate of gold loan per gram in Canara Bank?
As per the latest gold prices, Canara Bank offers a gold loan per gram of ₹ 2,564 to ₹ 3,134. Highest Canara Bank gold loan rate per gram today is ₹ 3,134 for 22 carat jewellery calculated at a maximum LTV of 75% and the average gold loan prices of last 30 days in 2021 is ₹ 4,643 of 22 carat.
Which bank is best for gold loan?
Gold Loan Interest Rates Comparison
|Name of the Bank||Interest Rate||Loan Amount|
|Canara Bank Gold Loan||7.35% p.a.||Rs.5,000 to Rs.35 lakh|
|Muthoot Gold Loan||12% p.a. to 26% p.a.||Rs.1,500 onwards|
|SBI Gold Loan||7.00% p.a. onwards||Rs.20,000 to Rs.50 lakh|
|Kotak Mahindra Gold Loan||10.00% p.a. – 17.00% p.a.||Rs.20,000 to Rs.1.5 crore|
Which bank offers cheapest gold loan?
Low Interest Gold Loan Rates: Top 5 Banks
|ICICI Bank||9.00%||6 months to 12 months|
|HDFC Bank||9.00%||3 months to 24 months|
|Yes Bank||9.99%||6 months to 36 months|
|IndusInd Bank||10.00%||3 months to 24 months|