उत्पाद विवरण
बैंक का नाम
Indusland Bank
अधिकतम ऋण राशि
20 Lakhs
Interest Rate
Minimum- 8.75%
Maximum- 16%
ऋण-मूल्य अनुपात
75%
अधिकतम ऋण अवधि
12 months
Indusland Gold loan
फीस और शुल्क
Processing fee :- 1% of loan amount.
Prepayment Penalty: 1% of Outstanding Loan amount
Late Payment Penalty: 2% Per month on overdue amount
Penal Interest- Not provided
Legal And Other Charges: As per state/ applicable law
न्यूनतम CIBIL स्कोर
No information provided
Eligibility
Individual borrowers (Age: 18-70 years) Non-individual borrowers (Age: 3 years) Disbursal mode Cash, pay order, NEFT and RTGS No income proof needed for loans up to Rs 15 lakh
शुल्क और पात्रता
रियायत और सुविधाएँ
विशेष रियायत
Additional discount for Women Borrowers and Agricultural Profession
Special Features
No income proof needed for loans up to Rs 15 lakh
पेशेवरों
Easy Documentation and Attractive Interest Rates. Additional discounts for Women Borrowers and Agricultural Profession. Instant disbursal Gold valued and sealed in your presence to ensure more security and safety. No income proof needed for loans up to Rs 15 lakh
दोष
Limited loan tenure. Risk of losing collateral.
पक्ष विपक्ष
How to Open?
You can apply by visiting the branches, in the select cities where they offer Gold Loans.
आवश्यक दस्तावेज़
Documentation Identity Proof Residence Proof Photograph Signature Proof
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