Gold Loan Interest Rate: If you are planning to take gold loan (gold loan interest rate) in emergency, then you should know where cheap gold loan is available. You will easily get a gold loan in exchange for gold.
Gold Loan: Gold has always been considered a companion of difficulties… Most of the people buy gold so that if ever needed, they can get money in exchange. If you are planning to take gold loan (gold loan interest rate) in emergency, then you should know where cheap gold loan is available. You will easily get a gold loan in exchange for gold.
These top-5 banks are giving cheap gold loans-
HDFC Bank
Private sector HDFC Bank is giving you cheap gold loan. In this you will have to pay interest ranging from 8.50 percent to 17.30 percent. This interest amount may vary for different periods.
Central Bank of India
If we talk about Central Bank of India, it is also giving cheap home loans to the customers. This bank is giving you gold loan at the rate of 8.45 percent to 8.55 percent. You can take gold loan ranging from Rs 10,000 to Rs 40 lakh. You will not have to pay any processing fee on gold loan till March 31, 2024.
UCO Bank
Apart from this, UCO Bank is also giving cheap gold loans to the customers. This bank is giving the benefit of interest ranging from 8.60 percent to 9.40 percent to the customers. Along with this, you will have to pay processing fees ranging from Rs 250 to Rs 5000.
Indian Bank
If we talk about Indian Bank, it is also giving you cheap gold loan. Here customers will have to pay interest ranging from 8.65 percent to 10.40 percent. Along with this, you will not have to pay processing fees also.
State Bank of India
Customers are getting cheap gold loans from the country’s largest government bank. Your interest rate in this gold loan will start from 8.70 percent. Along with this, you can take gold loan ranging from Rs 20,000 to Rs 50 lakh. Talking about processing fees, no processing fee will be charged on loans up to Rs 3 lakh.
