Axis Bank Gold Loan

Gold Loan at 7.15% p.a

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Axis Bank Gold Loan Key Features – Apply Now!

Axis Bank Gold Loan Interest Rate 7.15% per annum
Axis Bank Gold Loan Per Gram Rate Per Gram Today is ₹ 5,293
Axis Bank Gold Loan Amount Up to Rs. 1 Crore (With Income Proof)
Axis Bank Gold Loan Processing Fee 1.50% of the Principal Loan Amount
Axis Bank Gold Loan Prepayment Charges 2%+GST (Within 3 Months), 0 (After 3 months)
Axis Bank Gold Loan Repayment Tenure 3 Months to 24 Months
Axis Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

Advantages of Axis Bank Gold Loan

  • Fast processing: The Axis Bank Gold Loan consent and payment process are very speedy and manageable. Normally, the loan passes in an hour.
  • Fewer Documents: The documentation round is constant here; fewer archives are necessary for the gold advance in Axis Bank.
  • Transparent System: the customer is given full clarification; there are no unknown costs. 
  • Amount of Loan: Rs. 15,000 is the smallest amount of loan given to the client. The smallest amount may also be less than Rs. 10,000 in rural areas.
  • The wellbeing of Jewelry: Axis Bank is liable for the safety of your gold. Consequently, gold is introduced to flame-resistant security. 
  • Advance Tenure: The advance is conceded for the length from 3 months to 2 years. 
  • Advantages for Farmers: Axis Bank wins some excellent proposals for rural purposes. Low Gold Loan rate for agrarian methods square measure gave. 
  • No Debt Burden: If in any plot the mortal isn’t able to repay the credit amount the mortal won’t be beneath debts. 
  • No financial gain bounds: there are not any restrictions on the wage of the mortal. Subsequently, candidates with any financial gain level will avail a gold advance.

How much Gold Loan can I Get through Axis Bank Gold Loan

Axis Bank Gold Loan Per Gram – Updated September 2020

Updated - Gold Loan Per Gram Rate

Gold Weight

Gold Purity

Gold Purity

Gold Purity

Gold Purity

24 Carat

22 Carat

20 Carat

18 Carat

1 gram

4680 4290 3900 3510

10 gram

46800 42900 39000 35100

20 gram

93600 85800 78000 70200

30 gram

140400 128700 117000 105300

40 gram

187200 171600 156000 140400

50 gram

234000 214500 195000 175500

100 gram

468000 429000 390000 351000

200 gram

936000 858000 780000 702000

300 gram

1404000 1287000 1170000 1053000

400 gram

1872000 1716000 1560000 1404000

500 gram

2340000 2145000 1950000 1755000

Axis Bank Gold Loan Eligibility 

Age

18-70 years of age

Nationality

Indian

Employment Status

Salaried, Self-Employed

Gold Quality

Minimum 18 Carats

Axis Bank Gold Loan Documents Required

Photographs

2 Passport Size

Identity Proof

Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)

Residence Proof

Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)

Axis Bank Gold Loan Interest Rate, Fees and Charges

HDFC Gold Loan Interest Rate

7.00% per annum

Processing Fee

1.50% of the Principal Loan Amount

Prepayment/Foreclosure Charges

2%+GST (Within 3 Months), 0 (After 3 months)

Valuation Fee

Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs

Late Repayment Charges

2% p.a. + Applicable rate of interest.

Renewal Processing Fees

Rs 350 + GST

About Axis Bank Gold Loan

If you face financial difficulties, the most realistic solution, the Gold Loan, is to solve your crises. The loan issued for gold is known as the Gold Loan. The borrower retains his gold ornaments with the lender as collateral and takes the cash. Get prompt approval and a hassle-free method. Accessible with handy documents. A gold loan is a kind of loan that is insured. The person who has a low CIBIL rating may also virtually benefit from this service. One of the best gold loans offers in India is Axis Bank Gold Loan.

In that instance, there is a lot of financial banking and non-banking firms that may give you the gold credit, yet Gold Loan is considered the best. It is one of the most evident and tireless banks in India. Likewise, it is known for its stable financial highlights. Here the exchanges are exceptionally secure.

  • Axis Bank Gold Loan Interest Rate is 7.15% per annum
  • Axis Bank Gold Loan Per Gram is ₹ 5,293
  • Axis Bank Gold Loan Tenure: Up to 24 months
  • Axis Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

Types of Axis Bank Gold Loan

Axis Bank offers numerous schemes to which the Gold Loan product is connected. The following schemes are:

  • Loan Against Gold – Axis Bank offers gold loans at interest rates to satisfy the dire requirement of funds for any reason, whether personal or technical or not. The gold loan is definitely a secured loan, so the bank has no risk of granting the amount to the person, so it is supplied at a lower interest rate compared to different types of loan merchandise.
  • Credit Against Gold for the Farming business – Axis Bank offers Gold Loans to cultivating industry purposes to agriculturalists at an uncommon advance of intrigue when identified with gold advances given for various expediencies. While taking the credit, you need to give the bank your Property proof they are given various offers and arrangements.

Axis Bank Gold Loan EMI Calculator

Rate of Interest
6 months
1 Yr
2 Yrs
3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

How to Pay Your Axis Bank Gold Loan EMI?

In the following three alternate ways, your Axis Bank gold loan is normally reimbursed:

  • Standing Instruction (SI): Standing Instruction, if you are currently an account holder with Axis Bank, is the easiest and most secure payment form. Your EMI balance from the Axis Bank bank account you display is automatically credited at the end of the month to month balance.
  • Electronic Clearing Service (ECS): This payment method is commonly used if you have a record with a non-Axis Bank and would want your EMIs to be debited from the account you refer to us near the decline of the month-to-month phase.
  • Post-Dated Checks (PDC): At your nearest Axis Bank loan Centre, you can show your post-dated EMI reports from a non-Axis Bank financial statement. There was a need to rapidly grant a different edition of PDCs. If you remember that Post Dated Checks are advancing to collect non-ECS states because it was, it will be perfect.

Axis Bank Gold Loan Contact Number

In order to get instant assistance and approval for your Axis Bank Gold Loan, call 9878981144. To use the best deal acceptable to your needs, you can learn the best Gold Loan deals available from all Axis Bank branches across the world.

Gold Ornaments Accepted by Axis Bank 

  • Gold jewellery such as gold bracelets, gold earrings, gold locks, gold anklets, gold necklaces, etc. is all approved by Axis Bank to search for a gold loan.
  • The standard of gold can range from 18 to 22 carats. The Gold Loan can not be used for any 24-carat Gold Ornaments.

Use of Axis Bank Gold Loan

The advantages settled by profiting the SBI Gold Loan office which can be utilized for bounteous purposes like:

  • To subsidize any exact stores, for example, a wedding, climbing, portion of advanced education consumptions, and so on.
  • For all your showcasing necessities, for example, getting new flexibly, creating promoting, and so on, the credit office is reachable.
  • You can likewise apply for Gold Loan for cultivating thoughts. The bank gives minor charges of enthusiasm for Gold Loans that are utilized for farming or related plans.

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.15% – 14.50%

ICICI Gold Loan

7.15% – 16.10%
Muthoot Finance Gold Loan

7.15% – 24.00%

Axis Bank Gold Loan

7.15% – 17.00%
Manappuram Gold Loan

7.15% – 26.00%

Yes Bank Gold Loan

7.15% – 15.99%
Bank of India Gold Loan

7.15% – 26.00%

Federal Bank Gold Loan 

7.15% – 13.50%
IIFL Gold Loan

7.15% – 12.00%

Central Bank of India Gold Loan

7.15% – 14.65%

Canara Bank Gold Loan

7.15% – 12.65%

Allahabad Bank Gold Loan

7.15% – 10.45%

Induslnd Bank Gold Loan

7.15% – 15.75%
PNB Gold Loan

7.15% – 11.75%

Bajaj Finance Gold Loan

7.15% – 26%
SBI Gold Loan

7.15% – 15.99%

Indian Bank Gold Loan

7.15% – 15.99%
UCO Bank Gold Loan

7.15% – 26.00%

Kotak Mahindra Bank Gold Loan

7.15% – 13.50%
Syndicate Bank Gold Loan

7.15% – 12.00%

FAQs About Axis Bank Gold Loan

  • What is Axis Bank Gold Loan?

Axis Bank Gold Loan can be a loan theme anywhere you access by keeping your gold as a guarantee with the bank for any emergency monetary facilitation. Participating interest rates on the term loan, the payment order and the EMI mainly based loan are included. The total disbursement time for gold loans is merely 45 minutes.

  • How can I get the Gold Loan from the Axis Bank?

You can get Axis Bank Gold Loan by being to any nearby Gold Loan offering branch. Even you can access to Gold Loan online with BestLoanDeal from anywhere and get the best deals and offers.

  • What is Gold Loan Interest Rate in Axis Bank?

Axis Bank’s Gold Loan interest rate is 7.15 per cent per year. The rate of interest depends on various factors, namely: loan quantity, tenure of the loan, gold purity, etc.

  • How much Gold Loan can I get per gram in Axis Bank?

The estimation of per gram Gold Loan carefully relies upon the virtue and nature of the gold. Pivot Bank accepts gold virtue between 18 to 22 carats to flexibly a Gold Loan. you’ll benefit up to Rs. 5,293 for every gram in Axis Bank Gold Loan.
  • How to check Gold Loan status in Axis Bank?

To check the remaining of Axis Bank Gold Loan, you’ll have the option to visit  Axis Bank Loan tracker. Notice your choices inside the gave application. this may essentially help you to follow the remaining of your advance from wherever whenever and keeps you refreshed.

  • How to calculate Gold Loan Interest in Axis Bank?

Axis Bank Gold Loan premium is regularly determined exploitation BestLoanDeal’s EMI Calculator. It gives you the right subtleties upheld the information the individual enters inside the adding machine.

  • How to Pay Axis Bank Gold Loan Interest Online?

Axis Bank Gold Loan premium can be paid through net relying upon the official Axis Bank advance reimbursement site page or then again. Another mode Paytm can likewise be utilized to reimburse Axis Bank Gold Loan or your favoured instalment technique.

  • What if I can’t pay the interest on Axis Bank Gold Loan for 3 months?

If the interest is not paid back for three months, a notice of the unfinished dues is issued ab initio. After that, if the demands for payment are neglected or inaudible, an official legal notice is issued, requesting repayment and termination of the loan. These defaults on your Gold Loan end up in an enormous decrease in your credit score and also cause you to react to the bank’s legal actions that can tolerate arrogance and auction of your gold.

  • How can I apply for EMI Moratorium on Axis Bank Gold Loan?

You can apply for EMI Moratorium on Axis Bank Gold Loan between first March and 31st August 2020. You can complete it by reaching the Bank Customer Care or visiting the close by Axis Bank office.