Gold loan Lucknow – Interest Rates 2024, Documents, Eligibility

Gold Loans in Lucknow: Get Details on Gold loans in Lucknow, Interest Rates, Documents, EMI and Fees charges on Gold loans. Getting a gold loan in Lucknow can be a quick and convenient way to access funds. Here’s what you need to know:

Gold Loan Interest Rates in Lucknow 2024

Interest rates for gold loans in Lucknow start from around 0.74% per month. The actual rate you get will depend on the lender, loan amount, gold purity, and repayment period.

Gold Loan Eligibility in Lucknow

• 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 Lucknow

• 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)

Gold Loan Providers in Lucknow:

There are many gold loan providers in Lucknow, offering varying interest rates, loan amounts, and processing fees. Here are some options to consider:

Banks:

PNB: Interest rate – 10.75% – 11.75%.
IndusInd Bank: Interest rate – 11.15% – 15.75%.
Bandhan Bank: Interest rate – 11.5% – 14.5%.
Bajaj Finance: Interest rate – 14% – 26%.
IIFL Finance: Offers online application and doorstep service.
Rupeek: Offers competitive interest rates and online application.