Karur Vysya Bank Gold Loan

Gold Loan at 7.25% p.a

Apply & Get Instant Money

Karur Vysya Bank Gold Loan Key Features

Karur Vysya Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Karur Vysya Bank Gold Loan Interest Rate 7.25% per annum
Karur Vysya Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,291
Karur Vysya Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Karur Vysya Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Karur Vysya Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Karur Vysya Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Karur Vysya Bank Gold Loan:

  • Quick approval: Disbursement of credit in Karur Vysya Bank is in just 60 minutes without any inconvenience.
  • Efficient servicing: The process of the loan in Karur Vysya Bank is completed with basic paperwork as vital documents are accepted.
  • Advance Given: The loan amount is Rs. 15000 maximum. For rural areas, it is 10000 Rs.
  • Tenure of Loan: Karur Vysya Bank Loan can be availed for 3 months to 2 years. Hence, it is on an individual’s choice.
  • Prepayment: Supplicants can refund the Karur Vysya Bank loan amount before tenure completed without worrying about charges.
  • Collateral Held securely: In Karur Vysya bank security against the gold comes at first. It can be kept in flame-resistant areas.
  • Agricultural Benefits: Karur Vysya Bank provides the interest at valid prices as compared to the other loans.
  • No Income Control: Applicants can avail of the gold loan without a second thought, it doesn’t matter what your salary is, the gold is what count to the Karur Vysya bank.

How Much Gold Loan can I Get through Karur Vysya Bank Gold Loan:

Karur Vysya 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

 

Karur Vysya Bank Gold Loan Eligibility:

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

 

Karur Vysya 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)

 

Karur Vysya 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 Karur Vysya Bank Gold Loan:

Karur Vysya Bank founded in 1916, provides various financial services. Many people need instant funds for meeting their immediate cost of living. The bank has been acknowledged with the best financing services among several other forms of loans. It is a reputed and believable banking institute.

  • Karur Vysya Gold Loan Interest Rate is 7.25% per annum
  • Karur Vysya Gold Loan Per Gram is ₹5,219
  • Karur Vysya Gold Loan Tenure: Up to 24 months
  • Karur Vysya Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Karur Vysya Bank Gold Loan

  • Loan Against Gold – Karur Vysya Bank provides loans against gold at an engaging price of interest so that the bank can supply you handsomely to meet the needs of personal and experts interests. It is incomparable to other banks with its greatest monetary services.
  • Loan Against Gold for Agriculture – Karur Vysya Bank imparts Gold Loans to the cultivators at a minimum rate of interest along with the pleasing offers. The borrowers are requested to provide the land affirmations to take loans.

Karur Vysya 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 Karur Vysya Bank Gold Loan EMI?

  • Standing Instruction (SI): If you present your account with Karur Vysya Bank then the Standing Instruction is to be counted on and a constant method for repayment. You can easily get your EMI credited from this account.
  • Electronic Clearing Service (ECS): This is a valid platform if you have a non-Karur Vysya bank account and you want your EMI to be owed from the present record.
  • Post-Dated Checks (PDC): You can submit Post-dated EMI analyzes from a non-Karur Vysya Bank statement at your closest Karur Vysya Bank Loan Center. A new version of PDCs should be conferred from time to time.

Karur Vysya Bank Gold Loan Contact Number

Call 9878981144 and get instant aid regarding Karur Vysya Bank Gold Loan schemes and offers.

Gold Ornaments Accepted by Karur Vysya Bank

  • Gold Jewellery:  For instance,  Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all of these are agreed by Karur Vysya Bank for availing a Gold Loan.
  • Quality: The quality of gold should be between 18 Carat to 22 Carat. No limits to be exceeded.

Use of Karur Vysya Bank Gold Loan:

  • Money earned from the Karur Vysya Bank Gold Loan can avail oneself to fulfil individual challenges.
  • Business projects such as organizing plans, socializing products can be concluded by using the capital obtained.
  • Cultivators are benefited from this huge amount as they have to achieve various agricultural purposes.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.25% – 14.50%

ICICI Gold Loan

7.25% – 16.10%
Muthoot Finance Gold Loan

7.25% – 24.00%

Axis Bank Gold Loan

7.25% – 17.00%
Manappuram Gold Loan

7.25% – 26.00%

Yes Bank Gold Loan

7.25% – 15.99%
Bank of India Gold Loan

7.25% – 26.00%

Federal Bank Gold Loan 

7.25% – 13.50%
IIFL Gold Loan

7.25% – 12.00%

Central Bank of India Gold Loan

7.25% – 14.65%

Canara Bank Gold Loan

7.25% – 12.65%

Allahabad Bank Gold Loan

7.25% – 10.45%

Induslnd Bank Gold Loan

7.25% – 15.75%
PNB Gold Loan

7.25% – 11.75%

Bajaj Finance Gold Loan

7.25% – 26%
SBI Gold Loan

7.25% – 15.99%

Indian Bank Gold Loan

7.25% – 15.99%
UCO Bank Gold Loan

7.25% – 26.00%

Kotak Mahindra Bank Gold Loan

7.25% – 13.50%
Syndicate Bank Gold Loan

7.25% – 12.00%

 

FAQs About Karur Vysya Bank Gold Loan

  • What is Karur Vysya Bank Gold Loan?

Karur Vysya Bank Gold Loan aids you in gaining credit against gold gems. Gold loans are nominal and reasonable as compared to personal loans or business loans.

  • How can I get the Gold Loan from Karur Vysya Bank?

You can get Karur Vysya Bank Gold Loan by visiting any of the gold loan centres of Karur Vysya Bank or you can apply online with loannow conveniently.

  • What is Gold Loan Interest Rate in Karur Vysya Bank?

The Gold Loan Interest Rate in Karur Vysya Bank is 7.25% per annum.

  • How much Gold Loan can I get per gram in Karur Vysya Bank?

You can profit up to ₹ 5,219 Per Gram in Karur Vysya Bank Gold Loan.

  • How to check Gold Loan status in Karur Vysya Bank?

The tracker website page is available for the applicants to check their gold loan status in Karur Vysya banks or you can just lead your way to the nearest branch of the bank.

  • How to calculate Gold Loan Interest in Karur Vysya Bank?

For calculating gold loan interest in Karur Vysya Bank based on your entered data you can use the EMI calculator.

  • How to Pay Karur Vysya Bank Gold Loan Interest Online?

You can pay Karur Vysya BankGold Loan interest online through net banking or you can also repay your Karur Vysya Gold Loan on Paytm using your preferred payment method.

  • What if I can’t pay the interest on Karur Vysya BankGold Loan for 3 months?

In case you haven’t paid interest on Karur Vysya Bank Gold Loan for 3 months, lawful activities will be done against you and your gold embellishments will be in bank custody.

  • How can I apply for EMI Moratorium on Karur Vysya Gold Loan?

Apply for EMI Moratorium on Karur Vysya Bank Gold Loan between first March and 31st August 2020 and ought to be completed by calling the Bank candidate care or visiting the closest Karur Vysya Bank office.