Gold Loan in Bangalore can be taken by individuals who require funds for urgent expenses or finance any needs. Bengaluru gold loan is catered by several banks and NBFCs in the city. Bangalore is the IT (Information Technology) hub of India being commonly called as “IT capital of India” and “Silicon of India”. Bangalore, the state capital of Karnataka (Indian state), is a cosmopolitan city which reflects the modern India in terms of technology. The climate is pleasant throughout the year which makes it comfortable for living. The living standards are quite high here and the fact is reflected while you shop, dine or drink outside.
|Gold Loan in Bangalore Details Updated on|
|Loan Amount||Rs. 50 Thousand - 50 Lakhs|
|Loan Tenure||6 Months to 2 Years|
|Interest Rate||10.50% - 13.50%|
The development in terms of information technology is so fast that many multinational corporate have established their headquarters in the city. Having a rich IT environment, the city consequently has lead towards establishment of many quality educational institutes like IIM-B (Indian Institute of Management, Bangalore), NLSIU (National Law School of India University), IISc (Indian Institute of Science), NIMHANS (National Institute of Mental Health and Neurosciences), NID R&D campus (National Institute of Design), and many more.
Some of the loan against gold to look for in Bengaluru are: Kotak Gold Loan, HDFC gold loan, Axis gold loan, Muthoot gold loan, and gold loan Manappuram besides others. At Loanbaba.com, you can know the best gold loan provider in Bangalore and gold loans interest rates in Bangalore.
As the banking industry is advancing fast, gold loan is getting common. It is a common practice in India that people keep gold jewellery and ornaments idle at their homes or bank lockers. On the other hand one can utilize the value of gold and get it materialized by availing loan against it without liquidating savings in term of gold jewellery and ornaments. The process is quite fast and easy.
Banks and NBFCs in Bangalore have attractive offers on gold loan. They charge nominal rate of interest. The loan amount can be used for desirable purpose. Loan tenure is flexible and one can get maximum amount as per the gold weight. The procedure for loan sanctioning is transparent and the financial institutions help several customers fulfil their financial needs with loan against gold.
Below mentioned are features of Bangalore gold loan.
At Loanbaba, you can compare and apply for gold loans online. You can check out several gold loan schemes by banks and NBFCs and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. We also offer you free-of-cost gold loan EMI calculator to calculate the monthly instalment to be paid.
You can also quickly apply for Gold loan online on our website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
Current the Gold Loan interest rate ranges between 9.70% and 26%. To get lowest interest rate on loan against gold in the city, keep a check on banks and NBFCs offers on our website.
Here are some of the ways you can get lowest interest rate gold loans for yourself.
Gold loan eligibility may differ from one candidate to another. You can also use free-of-cost gold loan eligibility calculator at Loanbaba.com
Most of the banks and NBFCs ask for just KYC documents viz. an identity proof (Aadhar, PAN, voter card, passport, etc) and an address proof (ration card, Aadhar, voter card, driving license, etc) for sanctioning the gold loan.
Accessible to more people: Bangalore gold loan can be availed without furnishing any salary slips, credit history (CIBIL score) and certificates. Hence, even a non-working, unemployed or self-employed individual can also avail the loan. The only eligibility is ownership of gold.
You can apply for loan against gold in Bangalore or any other bank/NBFC gold loan at Loanbaba.com.