Gold Loan Mysore

 

Best Banks for Gold Loan in Mysore:

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 Mysore Features:

Keep your gold safe and secure with the bank in exchange for getting money. Gold Loan Mysore is a secured loan that provides you with the money in return for gold from the bank. The loan seeker only has to present their credentials to the bank for verification so that bank can process the further process speedily. The borrower should have a sufficient amount of money and a relatable loan history.

Gold Loan Rate Per Gram Today in Mysore:

Bank Gold Loan Per Gram – Updated October 2020

Updated - Gold Loan Per Gram Rate
Gold Weight	Gold Purity 24 Carat	Gold Purity 22 Carat	Gold Purity 20 Carat	Gold Purity 18 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 Mysore Interest Rates and Charges:

Bank Gold Loan Per Gram – Updated October 2020

Updated - Gold Loan Per Gram Rate
Gold Weight	Gold Purity 24 Carat	Gold Purity 22 Carat	Gold Purity 20 Carat	Gold Purity 18 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 Mysore Documents Required:

1. Signature Proof: Passport Copy/Driving License/Banker’s verification/cheque.
2. Proof of Identity: Passport Copy/ Voters ID card/ Driving License/Aadhaar card.
3. Two passport size photographs
4. 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 Mysore

1. A Demand Promissory Note.
2. Certificate by the Jewel Appraiser (Bank will arrange).
3. Income Proof: Salary Certificate and Form No.16
4. Land Proof: In case of Agriculture Loan of more than Rs. 1 lac. The proof is not required for allied agriculture purposes.

Gold Loan in MysoreEligibility Criteria:

1. An applicant must be a resident from India.
2. The age of the applicant must be a maximum of 60 years and a minimum of 21 years.

About Mysore:

Mysore is one of the other cities of Karnataka. It is the third-largest and second most populated city in Karnataka. It is enriched with beautiful places to visit; it has an amazing combination of architectural customs. Mysore celebrates the festival Dusshera with excitement and enthusiasm; it is the state festival of Karnataka. There are varieties of places to visit, like top restaurants, top picnic spots, and many more.

Gold Loan in other Cities:

Gold Loan in other Cities
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