Fedbank Fast Gold Loan | Interest Rates | Amount | Features
Fedbank Fast Gold Loan – Compare Interest Rates, Amounts, Securities, Features, rate per Gram of Fedbank Gold loan schemes online.
Purpose – Any personal or household purpose.
Amount – Maximum up to Rs 75 Lacs
Period –
- General Gold Loan – Maximum 12 months
- Special Gold Loan – Maximum 6 months
Rates & Interest –
ADLG (Inclusive of pure Gold ADLG) Upto & inclusive of Rs 3 Lakh |
Base Rate i.e. 10.75% |
ADLG (Inclusive of pure Gold ADLG) Above Rs 3 Lakh |
Base Rate+2.50% i.e. 13.25% |
Security – Gold ornaments / medallion of 22ct fineness.
Rate per gram – 85% of market value of Gold subject to a maximum of Rs.2100/- per gram.
Repayment – Lump sum with interest
Other Features –
- No hidden charges
- According to customer requirement different products are available – Business Gold
- Loan, Agri-Gold loan, Gold Equity, Easy Gold etc.
- No collateral security required
- No restriction in number of gold loans per day per borrower.