Karur Vysya Bank Gold Loan Interest Rates

The Karur Vysya Bank Gold Loan is among the simplest methods for funding your needs. The typical uses of a jewellery loan are for working capital, office rentals, weddings, medical emergencies, farming, house repairs, travel, education, etc.

Swarnamitra, in the form of an overdraft and other short-term loans for personal and non-agricultural uses, are a few of Karur Vysya's well-known gold loan programs. This bank also accepts applications for jewellery loans from non-residents.

Details of the Karur Vysya Bank Gold Loan Scheme

Characteristics of the Karur Vysya Bank Gold Loan Scheme

The following are the characteristics of bank-issued jewellery loans.

• These are overdraft or short-term lending options.
• To apply for the loan, you must promise gold jewellery that you personally own.
• Financing for personal, commercial, and agricultural uses against jewellery.
• The loan will be processed quickly and without trouble.
• Disbursement occurs the same day as loan approval and gold appraisal.

KVB Gold Loan Interest Rates 2024

Who is Eligible for the Karur Vysya Bank Gold Loan?

• The age criteria need to be from 18 to 70.
• The individual needs to be of Indian nationality.
• Needs to be a salaried or self-employed person.
• The gold needs to be a minimum of 18 karats.

What are the Documents that are needed for the KVB Gold Loan Scheme?

The Karur Vysya Bank requires a number of documents for gold loans, including evidence of identity and proof of address. In addition to these, several documents are needed. These papers pertain to the gold loan they received.

The paperwork needed for a gold loan at Karur Vysya Bank is-

• You need two passport-sized photos.
• You need ID proof (Aadhaar, PAN, or Passport.)
• You need residential proof (Aadhaar, License, Ration card, and more.)

Other Charges and Fees for the Karur Vysya Bank Gold Loan Scheme

In the Karur Vysya bank, there are various interest rates for Gold Loans. The interest rates of the Karur Vysya bank rely on a number of variables, including the interest rates on gold loans, the availability of gold loans, and the price of gold.

Some of the interest rates offered by Karur Vysya bank are as follows-

Types of Karur Vysya Bank Gold Loan Schemes

Following are the types of Karur Vysya Bank Gold Loan Schemes -

- Loan Against Gold

Karur Vysya Bank offers loans against gold at enticing interest rates, so the bank may generously supply you with funds to suit your needs for both personal and professional objectives. With its best financial services, it is unmatched by other banks.

- Agriculture Loan Against Gold

Karur Vysya Bank offers gold loans to farmers at a low-interest rate and with enticing incentives. When applying for loans, borrowers must submit land affirmations.