Key Points
Gold loan interest rates 2024: Gold loans can provide a quick and hassle-free solution for individuals in need of immediate funds..
Unlike other loans, such as home loans, which involve extensive paperwork and complicated approval processes, gold loans offer a simpler approach..
You can pledge gold ornaments, including coins sold by banks, to secure a gold loan with minimal paperwork and a fair interest rate...
Gold loan interest rates typically vary from 8.25% to 18%, and repayment periods can range from 6 to 36 months, depending on the lender...
SrName Of SchemeRevised Rate Of Interest1Advance against Gold Jewellery/Gold OrnamentsRLLR+BSP (Presently 9.25%)(Demand Loan)2Advance against Sovereign Gold Bonds (Demand Loan)..
