उत्पाद विवरण
बैंक का नाम
Karur Vysya Bank Limited
अधिकतम ऋण राशि
75 Lakhs
Interest Rate
One year MCLR + 1.45 %
ऋण-मूल्य अनुपात
75%
अधिकतम ऋण अवधि
12 Months
Swarnamitra
फीस और शुल्क
Processing fee :- 0.50%
For other charges, contact nearby branches.
न्यूनतम CIBIL स्कोर
Not Required
Eligibility
The scheme is open to both salaried and self-employed individuals who meet the following eligibility criteria: Age: 18 to 70 years Nationality: Indian Residence: India Income: Salaried individuals must have a minimum monthly income of INR 10,000, while self-employed individuals must have a minimum net annual income of INR 2 lakhs
शुल्क और पात्रता
रियायत और सुविधाएँ
विशेष रियायत
None
Special Features
None
पेशेवरों
Quick and easy access to funds. Low-interest rates. Flexible repayment options. No minimum CIBIL score required
दोष
It is an Overdraft / Short Term Loan. The loan is specifically for commercial purposes.
पक्ष विपक्ष
How to Open?
To apply for a Swarnamitra Gold Loan, you can visit your nearest Karur Vysya Bank branch or apply online.
आवश्यक दस्तावेज़
Two passport-size photographs Proof of identity (Aadhaar card, PAN card, voter ID card, etc.) Proof of address (Aadhaar card, ration card, electricity bill, etc.) Income proof (salary slips, bank statements, ITR, etc.) Gold jewellery valuation report
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