IndusInd Bank Gold Loan Key Features
| Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| IndusInd Bank Gold Loan Interest Rate | 7.25% per annum |
| IndusInd Bank Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,291 |
| IndusInd Bank Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
| Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| Gold Loan Repayment Tenure | 3 Months to 24 Months |
| Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of IndusInd Bank Gold Loan:
- Active Mechanism: IndusInd Bank Gold Loan works hurriedly and flawlessly. The loan gets passed within an hour.
- Lesser Documents: The IndusInd bank direct for vital documents with less paperwork.
- Transparent System: The IndusInd bank doesn’t make money by charging for no reason.
- Amount of Loan: The calculable amount of numbers that the IndusInd bank offers are Rs. 15000 and Rs. 10000 to the clients and provincial living people respectively.
- Safety of Jewellery: The IndusInd bank provides full fire-proof protection to the golds,
- Loan Tenure: The loan tenure for IndusInd bank can be between 3 months to 2 years. Interested applicants can avail accordingly.
- Benefits for Farmers: IndusInd Bank produces exciting offers for the agro economics-related fields.
- No Debt Burden: There are times when you can not repay the sum on time, no worries, the IndusInd bank will seize your gold embroideries.
- No Income Bonds: Income doesn’t justify the IndusInd Bank loaning system. Anyone can apply for a gold loan.
How Much Gold Loan can I Get through IndusInd Bank Gold Loan?
IndusInd Bank Gold Loan Per Gram – Updated September 2020
Updated - Gold Loan Per Gram Rate |
||||
Gold Weight |
Gold Purity |
Gold Purity |
Gold Purity |
Gold Purity |
24 Carat |
22 Carat |
20 Carat |
18 Carat |
|
1 gram |
4680 | 4290 | 3900 | 3510 |
10 gram |
46800 | 42900 | 39000 | 35100 |
20 gram |
93600 | 85800 | 78000 | 70200 |
30 gram |
140400 | 128700 | 117000 | 105300 |
40 gram |
187200 | 171600 | 156000 | 140400 |
50 gram |
234000 | 214500 | 195000 | 175500 |
100 gram |
468000 | 429000 | 390000 | 351000 |
200 gram |
936000 | 858000 | 780000 | 702000 |
300 gram |
1404000 | 1287000 | 1170000 | 1053000 |
400 gram |
1872000 | 1716000 | 1560000 | 1404000 |
500 gram |
2340000 | 2145000 | 1950000 | 1755000 |
IndusInd Bank Gold Loan Eligibility:
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
IndusInd Bank Gold Loan Documents Required:
Photographs |
2 Passport Size |
Identity Proof |
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required) |
Residence Proof |
Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required) |
IndusInd Bank Gold Loan Interest Rate, Fees, and Charges:
HDFC Gold Loan Interest Rate |
7.00% per annum |
Processing Fee |
1.50% of the Principal Loan Amount |
Prepayment/Foreclosure Charges |
2%+GST (Within 3 Months), 0 (After 3 months) |
Valuation Fee |
Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs |
Late Repayment Charges |
2% p.a. + Applicable rate of interest. |
Renewal Processing Fees |
Rs 350 + GST |
About IndusInd Bank Gold Loan
Dealing with financial problems? Here is the solution, IndusInd Bank established in 1994 is the safest solution for the person who is in urgent requirement of money to fulfill their short term and long term needs. The IndusInd bank provides banking facilities to the customers at minimal interest rates. It has an excellent name in the eyes of their clients and all over the nation.
- IndusInd Gold Loan Interest Rate is7.25% per annum
- IndusInd Gold Loan Per Gram is ₹5,219
- IndusInd Gold Loan Tenure: Up to 24 months
- IndusInd Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of IndusInd Bank Gold Loan
- Loan Against Gold – IndusInd Bank provides gold loans known for the most trustworthy loan that avails loans at an attractive interest rate with good financing. Thus, the bank grants a huge amount with surety to the customers apart from other loans.
- Loan Against Gold for Agriculture – IndusInd Bank provides Gold Loans to the agricultures with special benefits as no other form of loan offers. the farmers are being asked to provide the land certificates in which the purpose behind loaning the huge amount is mentioned.
IndusInd Bank Gold Loan EMI Calculator:
Rate of Interest |
6 months |
1 Yr |
2 Yrs |
3 Yrs |
| 7.00% | 17008 | 8652 | 4477 | 3088 |
| 8.00% | 17058 | 8699 | 4523 | 3134 |
| 8.50% | 17082 | 8722 | 4546 | 3157 |
| 9.00% | 17107 | 8745 | 4568 | 3180 |
| 9.50% | 17131 | 8678 | 4591 | 3203 |
| 10.00% | 17156 | 8791 | 4614 | 3227 |
| 10.50% | 17181 | 8815 | 4637 | 3250 |
| 11.00% | 17205 | 8838 | 4661 | 3274 |
| 11.50% | 17230 | 8861 | 4684 | 3298 |
| 12.00% | 17254 | 8885 | 4707 | 3321 |
| 12.50% | 17279 | 8908 | 4731 | 3345 |
| 13.00% | 17304 | 8932 | 4754 | 3369 |
| 13.50% | 17329 | 8955 | 4778 | 3393 |
| 14.00% | 17354 | 8979 | 4801 | 3418 |
| 14.50% | 17378 | 9002 | 4825 | 3442 |
| 15.00% | 17403 | 9026 | 4845 | 3466 |
How to Pay Your IndusInd Bank Gold Loan EMI?
- Standing Instruction (SI): If you are a current account holder with IndusInd Bank, Standing Instruction is the most suitable method of atonement. Your EMI amount will be credited automatically towards the month to month lasting period from the IndusInd Bank account you show.
- Electronic Clearing Service (ECS): This function can be applied if you have a non-IndusInd Bank record and might need your EMIs to be charged monthly from the present account.
- Post-Dated Checks (PDC): You can introduce post-dated EMI calculation from a non-IndusInd Bank statement at your closest IndusInd Bank Loan Center. A new version of PDCs should be presented immediately.
IndusInd Bank Gold Loan Contact Number
Call 9878981144 for doubts or queries regarding IndusInd Bank Gold Loan.
Gold Ornaments Accepted by IndusInd Bank
- Gold Jewellery: Gold bangles, gold rings, gold bracelets, etc are passable by the IndusInd bank.
- Quality: The gold embellishments should be of pure quality around 18-22 carats.
Use of IndusInd Bank Gold Loan
- For outlining personal investments like climbing, education fees, etc.
- For planning retailing services for example; launching new products, selling goods, etc.
- For loaning farmers and providing advantages for the related activities besides.
FAQs About IndusInd Bank Gold Loan
-
What is IndusInd Bank Gold Loan?
IndusInd Bank Gold Loan is the best option if you are in urgent need of money. Pledge your gold in the bank and get loans at a low-interest rate.
-
How can I get the Gold Loan from IndusInd Bank?
You can receive IndusInd Bank Gold Loan by visiting any of the gold advance centres of IndusInd Bank or you can apply online with loannow from the comforts of your home.
-
What is Gold Loan Interest Rate in IndusInd Bank?
The Gold Loan Interest Rate in IndusInd Bank is 7.25% per annum.
-
How much Gold Loan can I get per gram in IndusInd Bank?
You can profit up to ₹ 5,219 Per Gram in IndusInd Bank Gold Loan.
-
How to check Gold Loan status in IndusInd Bank?
Visit the tracker’s web page of IndusInd bank to find out gold loan status in IndusInd bank.
-
How to calculate Gold Loan Interest in IndusInd Bank?
You can calculate accurate numbers of gold loan interest in IndusInd bank based on your entered data by using the EMI calculator.
-
How to Pay IndusInd Bank Gold Loan Interest Online?
You can pay IndusInd Bank Gold Loan interest online through net banking or can opt for Paytm.
-
What if I can’t pay the interest on IndusInd Bank Gold Loan for 3 months?
In case you haven’t paid interest on IndusInd Bank Gold Loan for 3 months, you will be assisted in the starting funding of the pending dues. But if the hearing remains muted then the bank will officially put the legal charges against you and will confiscate the gold decorations.
-
How can I apply for EMI Moratorium on IndusInd Bank Gold Loan?
Apply for EMI Moratorium on IndusInd Bank Gold Loan between first March and 31st August 2020 and must be completed by calling the Bank customer care or visiting the closest IndusInd Bank office.