उत्पाद विवरण
बैंक का नाम
Axis Bank
अधिकतम ऋण राशि
25 Lakhs
Interest Rate
Axis Bank's Rate Of Interest
On Gold Loan Is 14.5%.
ऋण-मूल्य अनुपात
75%
अधिकतम ऋण अवधि
36 Months
Axis Bank Gold Loan Scheme
फीस और शुल्क
Processing fee :- Upto 0.50% of loan amount
Prepayment Penalty: 2% + GST
Late Payment Penalty and Penal Interest: 6% p.a.
Legal And Other Charges: As per applicable state laws
न्यूनतम CIBIL स्कोर
N/A
Eligibility
Individuals who are eligible for a Gold Loan: Those between the ages of 18 and 75 years
शुल्क और पात्रता
रियायत और सुविधाएँ
विशेष रियायत
N/A
Special Features
By availing of a loan against gold from Axis Bank, you can get the loan amount in your bank account in 24 hours.
पेशेवरों
Get a High-value gold loan. Quick loan disbursement. 3X protection for your gold with Gold Loans with Axis Bank: 1. Tamper-proof box 2. Bank vault facility 3. Security certificate Provides different modes of repayments No guarantor required.
दोष
High interest rates compared to other types of loans Risk of Foreclosure. Storage and maintenance charges.
पक्ष विपक्ष
How to Open?
Online application: Visit the Axis Bank website and go to the Gold Loan page. Click on the "Apply Now" button. Fill in the online application form with your personal and financial details. Upload the required documents. Submit the application form.
आवश्यक दस्तावेज़
Signed application form KYC documents Post-disbursement documents (if any)
खाता खोलने की प्रक्रिया और प्रक्रिया
Indian Bank
Indian Bank Jewel loan provides two loan schemes
1. Bullet Repayment
2. Monthly Repayment
The interest rate varies from 8.65% to 9.00% which is moderate as compared to different banks offering gold loans. However, the LTV Ratio is low i.e., only 65-70%, the other banks in the market offer higher LTV Ratio on the gold loans. Therefore, before applying for such loan check the terms and conditions properly and compare different banks offering gold loans.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai