Muthoot, Manappuram, HDFC, Yes Bank, Andhra Bank, IndusInd Bank, Fincare Small Finance Bank give the cheapest gold loan interest levels in the range of 9.50percent to 11.5 percent. HDFC gives the best speed starting at 9.50 percent. The rate of interest on the gold loan has dropped by 0.4percent from the prior pace, which has been relevant until 11 Feb, 2021.
Gold Loan Interest Rate And Bank Details
Bank | Rate |
Muthoot Finance | 11.99% |
Manappuram Finance | 9.90% |
HDFC | 9.50% |
Yes Bank | 9.99% |
Andhra Bank | 10.70% |
IndusInd Bank | 10.50% |
Fincare Small Finance Bank | 10.99% |
Gold Jewellery Insurance:
Jewellery insurance is still yet another solution to guard your jewellery. Even though you could avail this form of insurance together with a house insurance plan, you can find a few standalone jewellery insurance services and products in the industry too. If choosing a house insurance policy, then you may proceed for contents cover which features decorations and jewelry security.