Nainital Bank Gold Loan

Gold Loan @ 7%

Apply & Get Instant Money

Nainital Bank Gold Loan Key Features

Nainital Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Nainital Bank Gold Loan Interest Rate 7.0% per annum
Nainital Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,268
Nainital Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Nainital Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Nainital Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Nainital Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

What is Nainital Bank Gold Loan?

If you are looking for finances and dont know what to do, the Gold loan is the right choice for you. It is a secured loan as you have to pledge your gold to the bank. It has the best rate of interest in the market. You can use it the way you want it, be it using for buying an expensive thing for your home or paying off your medical bills. Nainital Bank Gold Loan is the financial help you need.

Advantages of Nainital Bank Gold Loan

  1. The Bank gives high funding to its customer against the Loan.
  2. The Bank provides Gold Loan at a very low rate of Interest.
  3. It provides safe and secure custody of the gold of the customers.
  4. Bank provides the loan to its customers instantly.
  5. It offers quick Disbursals and Easy processing.

Interest Rate of Nainital Bank Gold Loan

  • Generally, gold loan is available at the interest rate of 7% to 14.5%
  • ROI for tenure less than 1 year is also available at 1%
  • Processing fees is 2000
  • The borrower will be given an option to pay only interest during the entire term and at the end of the tenure, you can pay the complete borrowed amount in a single shot

Eligibility for Nainital Bank Gold Loan

Age of the borrower must be 21 years or above.

The nationality must be Indian.

Profession: Anybody with a stable source of income can avail the loan.

Documents for Nainital 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 Nainital Bank Gold Loan

Nanital Bank is a private sector bank established in 1922. It has its headquarters in Nainital, Uttrakhand.

How to Apply for Nainital Bank Gold Loan

There are two ways of Applying for Gold Loan one is online and another is offline. In the offline process, you have to visit the branch of the Bank and need to fill up the Application form until the sanctioning of the Gold Loan you need to visit the Bank.

In case of the online process, you have to go to the site and there you have to fill up the application form. Immediately after that Customer representative of the Bank will contact you and confirm some of the details, they will let you know the eligibility and fix your appointment with the banker. The banker will come to your doorsteps to collect your documents. You just need to visit the bank once at the time of Gold submission. You will get inside the Bank with the Gold and came out of the Bank with the sanctioned loan. It is that easy and instant process.

Gold Loan Interest Rate of Major Banks


 Interest Rates

HDFC Bank Gold Loan

7.00% – 14.50%

ICICI Gold Loan

7.00% – 16.10%
Muthoot Finance Gold Loan

7.00% – 24.00%

Axis Bank Gold Loan

7.00% – 17.00%
Manappuram Gold Loan

7.00% – 26.00%

Yes Bank Gold Loan

7.00% – 15.99%
Bank of India Gold Loan

7.00% – 26.00%

Federal Bank Gold Loan 

7.00% – 13.50%
IIFL Gold Loan

7.00% – 12.00%

Central Bank of India Gold Loan

7.00% – 14.65%

Canara Bank Gold Loan

7.00% – 12.65%

Allahabad Bank Gold Loan

7.00% – 10.45%

Induslnd Bank Gold Loan

7.00% – 15.75%
PNB Gold Loan

7.00% – 11.75%

Bajaj Finance Gold Loan

7.00% – 26%
SBI Gold Loan

7.00% – 15.99%

Indian Bank Gold Loan

7.00% – 15.99%
UCO Bank Gold Loan

7.00% – 26.00%

Kotak Mahindra Bank Gold Loan

7.00% – 13.50%
Syndicate Bank Gold Loan

7.00% – 12.00%