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.
Loan Amount |
Rs. 75 lakhs |
Karur Vysya Bank Gold Loan Interest Rate |
8.50% - 10.10% |
Term |
12 Months |
The following are the characteristics of bank-issued jewellery loans.
KVB Bank Gold Loan Interest Rate |
8.50% |
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-
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-
KVB jewel loan interest rate |
8.5% |
Processing Charges |
1.50% |
Foreclosure |
2%+GST |
Valuation |
Rs. 250 - Rs. 500 |
Late Charges |
2% p.a. |
Renewal Charges |
Rs 350 + GST |
Following are the types of Karur Vysya Bank Gold Loan Schemes -
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.
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.
How to apply for a gold loan online at the bank is described below.