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Canara Bank Gold Loan

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Minimum 7.85%
Interest rate

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Maximum loan up to
INR 35.00 Lakh

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Maximum Tenure of
24 Months

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Interest Rate:

Agricultural Gold Loan schemes:  1 year MCLR

Swarna Schemes:7.85%(RLLR+0.35%)

Canara MSME Gold schemes :7.85%(RLLR+0.35%)


Repayment Mode:

  • Repayment of loan+interest in full within 12 months of sanction.

  • For Swarna Overdraft: Repayment in 2 Years

  • For Swarna Express: Repayment in 6 Months (Bullet Repayment)

Minimum loan amount INR 5,000

Maximum loan upto INR 35.00 Lakh

The quality of Gold should be between 18 to 22 Carat


Monthly EMI for Rs. 100000 Loan: Rs. 8664.20 for 12 months

Guarantor Required-No



The verdict

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Rating

average rating is 4 out of 5

How to get

Visit nearby Canara Bank branch & apply there


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