Gold Loan FAQs
Explore gold loan options with our comprehensive FAQs. Find clear, concise answers to help you secure the one of the best loan terms.
- Posted:20th November, 2024
- Updated:20th November, 2024
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A gold loan may be rejected if the pledged gold does not meet the minimum purity standards, typically 18k or higher.
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- Updated:20th November, 2024
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Yes, most lenders offer top-up loans on an existing gold loan.
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The prepayment penalty for gold loans in India can vary depending on the financial institution.
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If a gold loan remains unpaid, financial institutions typically remind you through calls, SMS, emails and notifications.
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Gold loans are available from a range of financial institutions, including Non-Banking Financial Companies (NBFCs).
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If you lose your gold loan documents, contact your financial institution immediately.
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The processing fee for a gold loan typically ranges from 0.5% to 2% of the loan amount.
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Get a gold loan at low interest rates
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