IndusInd Bank Gold loan is one of the safest solutions to financial requirements. The customers can easily avail the benefits of gold loan offered by the bank. The customers are required to pledge their gold ornaments, jewelry, coins, etc to the bank for availing the loan. The gold loan scheme works on an entirely different premise. Like, the personal loan is sanctioned after reviewing one’s repayment capacity and source of income. For gold loans, the loan amount will depend on the purity and total value of the gold pledged.
You can find details about IndusInd Bank gold loan on Loanbaba.com, so keep a check on this page for further updated information.
|IndusInd Bank Gold Loan Details Updated on|
|Loan Amount||Rs. 10,000 to Rs. 10 lakhs|
|Loan Tenure||3 months to 12 months|
|Interest Rate||11.15% onwards|
The IndusInd has attractive offer on gold loan. It charges 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 bank has helped several customers fulfill their financial needs with loan against gold.
At Loanbaba, you can compare and apply for gold loans online. You can check out several gold loan schemes by the IndusInd Bank and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for a loan against gold 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.
The IndusInd Bank Gold Loan interest rate charged is related to various factors. The interest rate per year starts at 11.15%. The bank has the right to change its interest rates and borrowers have to clarify with the bank about the existing bank rate.
Gold loan eligibility may differ from one candidate to another. You can also use free-of-cost gold loan eligibility calculator at Loanbaba.com
The bank has gold loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided is important IndusInd Bank Gold Loan FAQs
The borrowers can use the gold loan offered for personal as well as business finances. However, they cannot use the loan for purchasing gold, land or engage in any illegal activities. The bank will not ask for any security or collateral because the gold pledged would be the collateral.