Gold Loan

FEATURES BENEFITS
Convenience
  • Avail Gold loans as low as INR 10,000 and enjoy flexible repayment options
  • Avail instant loan upto Rs.99000 with minimum formalities
  • Higher amount of loans can be availed with certain terms and conditions.
  • Repay loans with quarterly and yearly bullet loans
High Per Gram Rates
  • Get more loan amount with the same quantity of gold. We offer one of the highest per gram rates.
Instant Disbursements
  • Enjoy Gold Loan in the quickest time
  • Instant credit to account /Funds Transfer options are available
Safety of your Ornaments
  • Gold that is pledged is kept safely in our Bank Vault
Attractive Interest Rates
  • Enjoy Gold Loans at attractive rates
Transparent Pricing
  • No hidden charges
  • All our Gold loan rates and charges are communicated to the customer in writing
Loan Quantum Per gram - Rs. 5000/- OF PURITY
Rate of Interest Upto 6months-11.25%
Rate of Interest 6 to 12 months-11.50%
Repayment Quarterly Interest to be paid
Stamp duty No stamp duty below loan of Rs.1 lac

Eligibility Criteria

Indian Citizens aged from 18 to 79 years

How to Apply

  • Visit the nearest branch to learn more about our gold loan offering.
  • You can also contact us, and our customer care executive will explain to you our gold loan offering.

Required Documents

  • Primary ID: Aadhaar
  • Secondary ID: PAN card or Form 60
  • In case of the non-availability of the PAN card, the customer needs to submit Form 60 along with one of the following OVDs (officially valid documents).
    • Passport
    • Voter ID card
    • Driving licence
    • NREGA (National Rural Employment Guarantee Act)
    • A letter issued by the National Population Register containing details of name and address
  • Residence Proof:
    • Any of the valid KYC documents
    • Utility bill (not more than 60 days old)

For terms and conditions, please contact the nearest Mahaveer Bank branch.

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Loan EMI

Total Interest Payable

Total Payment
(Principal + Interest)

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