2,80,000 people visited this section in last 30 days. Apply Online

Get Cashback of Upto ₹ 500* on Gold Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

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

Loan Against Gold in Nagpur

Last Updated 17th Jun 2021

  • Gold loan interest rate in Nagpur 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 Nagpur from top Banks like SBI, Axis Bank, Yes Bank, PNB and ICICI Bank among others.
  • Popular gold loan NBFCs in Nagpur are Muthoot and Manapurram.
  • Apply for Instant Gold Loan online in Nagpur without income proof.
Apply for Gold Loan @ 9.50%* Get upto ₹ 500* Cashback
Nagpur

Gold Loan in Nagpur

Gold loan is a popular credit facility in Nagpur. A number of banks and NBFCs offer gold loans in Nagpur 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 Nagpur begins from 9.50%.

Documents Required for Gold Loan in Nagpur

Gold loans are the easiest to avail credit facility in Nagpur. 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 Nagpur 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 Nagpur

Bank Interest Rate Loan Tenure Maximum Loan Amount
Axis Bank12.50%24 months₹ 20 Lakh
ICICI Bank9.00%12 months₹ 10 Lakh
IndusInd Bank10.50%24 months₹ 10 Lakh
Yes Bank9.99%36 months₹ 50 Lakh
PNB8.75%12 months₹ 10 Lakh
SBI7.50%36 months₹ 50 Lakh
HDFC Bank9.50%24 months₹ 50 Lakh
Federal Bank8.50%12 months₹ 75 Lakh
Andhra Bank10.70%12 months₹ 2 Cr
Canara Bank7.35%12 months₹ 20 Lakh

FAQs

What is the interest rate for gold loan Nagpur?

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

Which bank is best for gold loan Nagpur?

Currently, Axis Bank offers the lowest gold loan interest rate in Nagpur 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 Nagpur?

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


Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.65%. Cashback of up to ₹ 1,000.

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000 .

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.50% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 7.20%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Loader
Please wait while your information is being processed...