Below is an indicative range across our partner lenders. Your actual rate depends on the loan amount, tenure, scheme and your gold's purity and valuation.
| Particular | Indicative range |
|---|---|
| Interest rate | 8.6% – 24% p.a. |
| Processing fee | 0% – 1% of loan amount |
| Loan-to-value (LTV) | Up to 81% of gold value, per lender policy |
| Loan tenure | 3 – 36 months |
| Foreclosure / prepayment | 0% – 1% |
| Late payment charges | Per lender's published schedule |
| Valuation / appraisal fee | May apply, per lender policy |
These ranges are indicative and may change. The lender's final sanction letter is the authoritative source for your rate and charges.
Partner lenders typically consider the loan amount, tenure, scheme (interest-only, EMI, bullet), gold purity and the LTV slab. A lower LTV or shorter tenure usually attracts a lower rate.
If you can repay the interest periodically, you usually get a better rate than a pure bullet-repayment plan, because risk for the lender is lower.