Interest Rates & Loan Details

• Interest Rates: Starting from 8.99% per annum.
• Loan Amount: Up to 75% of the value of pledged gold items.
• Loan Tenure: Ranges from 3 months to 36 months.

Eligibility Criteria

• Age: Minimum 18 years.
• Gold Purity: Gold ornaments should be of 22 carat purity.

Documents Required

• Identity Proof: Aadhaar Card, Voter ID, Passport, PAN Card, or Driving License.
• Address Proof: Aadhaar Card, Ration Card, Utility Bill, Lease Agreement, Sales Tax Certificate, Passport, or Trade License.

Repayment Options

• Bullet Repayment: Principal and interest payable at the end of the loan term.
• EMI Option: Equated Monthly Installments over the loan tenure.

Key Considerations Before Applying

• Gold Quality: The loan amount depends on the purity and weight of the gold pledged.
• Interest Rates: Rates start from 8.99% per annum but may vary based on loan amount and gold quality.
• Processing Time: Loans are typically approved quickly with minimal documentation.

Benefits of Federal Bank Gold Loan

• Quick Processing: Fast approval and disbursal process.
• Competitive Interest Rates: Starting from 8.99% per annum.
• Flexible Repayment: Tenure options ranging from 3 to 36 months.
• High Loan Amount: Avail loans up to 75% of the value of pledged gold items.

Contact Federal Bank

• Customer Care: For detailed information and personalized assistance, please contact Federal Bank’s customer service or visit the nearest branch.
• Official Website: Federal Bank Gold Loans

Disclaimer: The above information is subject to change. For the latest updates, please refer to the official Federal Bank website or contact your nearest branch.