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Gold Loan Mangalore - SBI, HDFC, & All Gold Loan Providers

Loan Against Gold in Mangalore

Last Updated 17th Jun 2021

  • Gold loan interest rate in Mangalore starts at 9.50%.
  • The LTV ratio for gold loans goes up to 90% of the value of the gold.
  • You can avail a gold loan in Mangalore from top Banks like SBI, Axis Bank, Yes Bank, PNB and ICICI Bank among others.
  • Popular gold loan NBFCs in Mangalore are Muthoot and Manapurram.
  • Apply for Instant Gold Loan online in Mangalore without income proof.
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Mangalore

Gold Loan in Mangalore

Gold loan is a popular credit facility in Mangalore. A number of banks and NBFCs offer gold loans in Mangalore at affordable interest rates. The loan is availed by keeping the gold as a mortgage to borrow a loan amount as per the LTV ratio of the gold which ranges from 75% to 90% in most cases. Gold loan interest rate in Mangalore begins from 9.50%.

Documents Required for Gold Loan in Mangalore

Gold loans are the easiest to avail credit facility in Mangalore. This is because the loan can be borrowed by people from all occupations and backgrounds. Therefore, the document check is also limited to identity and address proofs.

A list of documents required to avail a gold loan in Mangalore are mentioned as follows:

  • Gold loan application form
  • Passport size photographs
  • Identity proofs such as Passport, voter ID card, PAN card and Aadhar card
  • Address proof such as passport, driving license, aadhar card, rent agreement, Voter iD card and utility bills such as water electricity, gas, or telephone bill

Top Banks Offers Jewel Loan in Mangalore

Bank Interest Rate Loan Tenure Maximum Loan Amount

FAQs

What is the interest rate for gold loan Mangalore?

Gold loan interest rate in Mangalore varies across various gold loan lenders. However, currently, the lowest gold loan interest rate in Mangalore is 9.50%.

Which bank is best for gold loan Mangalore?

Currently, Axis Bank offers the lowest gold loan interest rate in Mangalore of 9.50%. In addition to that, Axis Bank offers the maximum loan amount on Axis Bank gold loan of ₹ 2 Cr and can be the best bank for high-value loan requirements.

What is the maximum tenure for gold loan in Mangalore?

You can get a loan against gold in Mangalore for a maximum tenure of 36 months.


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