Best Banks for Gold Loan in Chennai :
Feature |
HDFC Bank |
ICICI Bank |
Muthoot Finance |
Interest Rate |
9.90% |
10.50% |
12% |
Min Loan Amt |
Metro : 25000, Non : 15000 |
25000 |
15000 |
Max Loan Amt |
1 Cr |
1 Cr |
1 Cr |
Loan Tenure |
3 months to 24 months |
9 months to 24 months |
1 month to 24 months |
Processing Fee |
0.25% to 1.50% of the Loan Amt |
0.25% to 1.50% |
Nil |
Preclosure Chgs |
2%, Nil foreclosure charges after 3 months |
2%, Nil foreclosure charges after 9 months |
Nil |
Overdraft Facility |
Yes |
Yes |
Yes |
Pay Only Interest Facility |
Yes |
Yes |
Yes |
Gold Rate Per Gram |
2500 |
2600 |
2700* |
Gold Loan Chennai Features:
Are you facing financial struggles? Gold Loan is available for you; it is a loan of trust. For availing of a gold loan, you are required to bring fewer documents and more gold. Gold Loan Chennai is a guaranteed financial organization that helps you to overcome your economic crisis and live a stress-free life. To demand credit, the applicants should have a good source of income and good credit history. Besides, the customer can use the amount anywhere anytime without restrictions.
Gold Loan Rate Per Gram Today in Chennai :
Bank Gold Loan Per Gram – Updated October 2020
Updated - Gold Loan Per Gram Rate |
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Gold Weight |
Gold Purity24 Carat |
Gold Purity22 Carat |
Gold Purity20 Carat |
Gold Purity18 Carat |
1 gram | 4680 | 4290 | 3900 | 3510 |
10 gram | 46800 | 42900 | 39000 | 35100 |
20 gram | 93600 | 85800 | 78000 | 70200 |
30 gram | 140400 | 128700 | 117000 | 105300 |
40 gram | 187200 | 171600 | 156000 | 140400 |
50 gram | 234000 | 214500 | 195000 | 175500 |
100 gram | 468000 | 429000 | 390000 | 351000 |
200 gram | 936000 | 858000 | 780000 | 702000 |
300 gram | 1404000 | 1287000 | 1170000 | 1053000 |
400 gram | 1872000 | 1716000 | 1560000 | 1404000 |
500 gram | 2340000 | 2145000 | 1950000 | 1755000 |
Gold Loan in Chennai Interest Rates and Charges:
Feature |
Gold Loan |
Processing Fee |
Tenure |
Interest Rate |
|||
HDFC Gold Loan | 9.90% | 0.25 % - 1.50% | 3 - 24 Month |
ICICI Gold Loan | 10.50% | 0.25 % - 1.50% | 9 - 24 Months |
Axis Gold Loan | 10.50% | 0.50% - 1.50% | 6 - 24 Months |
Yes Bank Gold Loan | 10.50% | 0.50% - 1.50% | 6 - 36 Months |
SBI Gold Loan | 9.50% | 500/- to 0.50% | 6 - 36 Months |
Kotak Gold Loan | 11.00% | 1% to 2% | 9 - 24 Months |
IIFL Gold Loan | 12.00% | Nil | 3 - 11 Months |
Muthoot Finance Gold Loan | 12.00% | Nil | 1 - 24 Months |
Manappuram Gold Loan | 12.50% | Nil | 6 - 12 Months |
PNB Gold Loan | 11.00% | 0.70% to 1% | 6 - 12 Months |
Canara Bank Gold Loan | 10.75% | 1% | 6 - 12 Months |
IndusInd Bank Gold Loan | 11.50% | 1% - 1.5% | 9 - 24 Months |
Gold Loan in Chennai Documents Required:
- Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
- Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Aadhaar card.
- 2 passport size photographs
- Address Proof: Ration card/ Tel, Electricity Bill/ Rental bill/ Passport copy/Trade license /Shop & Est. License/Sales Tax certificate.
Additional Documents Required for Gold Loan Chennai
- A Demand Promissory Note.
- Land Proof: In case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.
- Income Proof: Salary Certificate and Form No.16
- Certificate by the Jewel Appraiser (Bank will arrange).
Gold Loan in Chennai Eligibility Criteria:
- The eligible age of the applicants is 21 years minimum and 60 years maximum.
- The customer should be a citizen of India.
About Chennai:
Chennai formerly known as Madras is the capital city of Tamil Nadu on the Coromandel Coast of Bay of Bengal. In the automobile field, Chennai is called the “Detroit of India”. The city is advancing in infrastructure as well as in industrial and educational sectors. It consists of beautiful beaches and also various tourist places to visit.
Gold Loan in Other Cities:
Gold Loan in other Cities |
|
Gold Loan Delhi | Gold Loan Mumbai |
Gold Loan Ahmedabad | Gold Loan Kolkata |
Gold Loan Hyderabad | |
Gold Loan Bangalore | Gold Loan Chennai |