How can I repay my gold loan faster in Pune?
We have multiple payment options for gold loan repayment like through Physical Branches, Quickpay, Bank transfer or UPI apps.
What is the rate of interest against gold loans in Pune?
The interest rate on gold loans in Pune depends on the loan amount and the gold loan schemes. As of June 2023, interest rates on loans against gold in Pune ranged between 11.88% p.a. to 27% p.a.
What is the maximum tenure for gold loan in Pune?
The maximum tenure for a gold loan in Pune is 24 months.
How to calculate gold loan amount?
The gold loan amount is based on the 30-day average price of 22 karat gold, the weight of gold deposited, and a Loan to Value Ratio of 75%. You can use the IIFL online gold calculator to do this calculation. If the gold you plan to deposit as collateral is of lesser purity, the loan value will be lesser than shown on the calculator.
Can I foreclosure or prepay gold loan in Pune?
Yes, it is possible to prepay your gold loan in Pune. All you need to do is repay the principal and the accumulated interest.
Who can apply for a gold loan in Pune?
Any Indian citizen between 18 to 24 years with a stable income source can apply for a gold loan in Pune. NRIs can only apply along with a co-applicant. This co-applicant needs to be an Indian citizen between 18 to 70 years of age.
Paperless
process
No collateral
needed
How much is the interest rate on business loans in Pune?
The interest rates on business loans in Pune range between 11.25% - 33.75% p.a.
How long does it take to get a business loan in Pune?
When you take a business loan in Pune with IIFL Finance, it takes less than 30 minutes to get approved and 48 hours to disburse.