Gold loan Bhubaneshwar – Interest Rates 2024, Documents, Eligibility
Gold Loans in Bhubaneshwar: Get Details on Gold loans in Bhubaneshwar, Interest Rates, Documents, EMI and Fees charges on Gold loans. Getting a gold loan in Bhubaneshwar can be a quick and convenient way to access funds. Here’s what you need to know:
Gold Loan Interest Rates in Bhubaneshwar 2024
Interest rates for gold loans in Bhubaneshwar start from around 0.74% per month. The actual rate you get will depend on the lender, loan amount, gold purity, and repayment period.
|
Banks |
Interest Rates |
| SBI Gold Loan |
8.70% – 9.50% |
| Muthoot finance | 12.00% to 24.00% p.a. |
| Manappuram | 14.00% – 26.00% p.a |
| HDFC Bank | 10.60% – 16.81% p.a |
| ICICI Bank | 10.00% – 17.95% p.a |
| Axis Bank | 17% |
| Punjab National Bank | 8.55% – 8.75% p.a |
Gold Loan Eligibility in Bhubaneshwar
- Must be at least 18 years old and have proof of identity and residence.
- Gold pledged must be at least 18 karat pure.
- Profession: Anybody with Steady source of income including: Bank’s Employees, Pensioners
Documents required for Gold Loans in Bhubaneshwar
- D P Note and D P Note Take Delivery Letter
- Application for Gold Loans (as per specified format)
- Two copies of photograph of the borrower(s)
- Gold Ornaments Take Delivery Letter (as per specified format)
- Witness Letter in case of illiterate borrowers (as per specified format)
- Arrangement Letter (as per specified format)
Here are some of the gold loan provider banks in Bhubaneswar
Muthoot FinCorp: Residence No 59, Unit No 3, 1st Flr, Plot No 1240, Janpath Rd.
IIFL Gold Loan: 2nd Floor, Plot No 45/46
Manappuram Gold Loan: 7R7Q+RM2, Janpath Rd.
Axis Bank: Multiple locations
ICICI Bank: Multiple locations
