Gold loan Mohali – Interest Rates 2024, Documents, Eligibility
Gold Loans in Mohali: Get Details on Gold loans in Mohali, Interest Rates, Documents, EMI and Fees charges on Gold loans. Getting a gold loan in Mohali can be a quick and convenient way to access funds. Here’s what you need to know:
Gold Loan Interest Rates in Mohali 2024
Interest rates for gold loans in Mohali start from around 0.74% per month. The actual rate you get will depend on the lender, loan amount, gold purity, and repayment period.
Banks |
Interest Rates |
SBI Gold Loan |
8.70% – 9.50% |
Muthoot finance | 12.00% to 24.00% p.a. |
Manappuram | 14.00% – 26.00% p.a |
HDFC Bank | 10.60% – 16.81% p.a |
ICICI Bank | 10.00% – 17.95% p.a |
Axis Bank | 17% |
Punjab National Bank | 8.55% – 8.75% p.a |
Gold Loan Eligibility in Mohali
- 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 Mohali
- 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 of the gold loan providers in Mohali:
Muthoot Finance Address: SCO 52, Ground Floor, Sector-70, Mohali, Punjab 160071
IIFL Gold Loan Address: SCF 115, Phase 5, Sector 60, Sahibzada Ajit Singh Nagar, Mohali, 160059
Manappuram Finance Ltd Address:SCO-38, Ground Floor, Phase 3B2, Sahibzada Ajit Singh Nagar, Mohali-160059
HDFC Bank Gold Loan Address: HDFC Bank ATM, SCO-342, Sector 70, Sahibzada Ajit Singh Nagar, Mohali – 160062
ICICI Bank Gold Loan Address: ICICI Bank ATM, SCO-265, Sector 69, Sahibzada Ajit Singh Nagar, Mohali – 160062
SBI Gold Loan Address: State Bank of India, SCO-265, Sector 69, Sahibzada Ajit Singh Nagar, Mohali – 160062