Gold loan Kanpur – Interest Rates 2024, Documents, Eligibility

Gold Loans in Kanpur: Get Details on Gold loans in Kanpur, Interest Rates, Documents, EMI and Fees charges on Gold loans. Getting a gold loan in Kanpur can be a quick and convenient way to access funds. Here’s what you need to know:

Gold Loan Interest Rates in Kanpur 2024

Interest rates for gold loans in Kanpur start from around 0.74% per month. The actual rate you get will depend on the lender, loan amount, gold purity, and repayment period.

Gold Loan Eligibility in Kanpur

• Must be at least 18 years old and have proof of identity and residence.
• Gold pledged must be at least 18 karat pure.
• Profession: Anybody with Steady source of income including: Bank’s Employees, Pensioners

Documents required for Gold Loans in Kanpur

• D P Note and D P Note Take Delivery Letter
• Application for Gold Loans (as per specified format)
• Two copies of photograph of the borrower(s)
• Gold Ornaments Take Delivery Letter (as per specified format)
• Witness Letter in case of illiterate borrowers (as per specified format)
• Arrangement Letter (as per specified format)

Here are some gold loan providers in Kanpur:

Banks:

DCB Bank: Offers gold loans starting from 0.59% per month.
ICICI Bank: Offers gold loans starting from 0.85% per month.
INDUSIND Bank: Offers gold loans starting from 0.75% per month.
HDFC Bank: Offers gold loans starting from 0.80% per month.
YES Bank: Offers gold loans starting from 0.70% per month.
Kotak Mahindra Bank: Offers gold loans starting from 0.75% per month.
Axis Bank: Offers gold loans starting from 0.70% per month.
Allahabad Bank: Offers gold loans starting from 0.85% per month.
Bank of Baroda: Offers gold loans starting from 0.90% per month.