Interest Rate & Loan Details
- Interest Rate: Starting from 13.00% per annum
- Loan Tenure: Up to 36 months
- Processing Fee: 1% of the loan amount
Eligibility Criteria for Axis Bank Gold Loan
To qualify for an Axis Bank Gold Loan, you must meet the following criteria:
- Age: Minimum 18 years
- Gold Ownership: Ownership of gold ornaments
- Income: Steady source of income
Documents Required
Key documents required to apply for an Axis Bank Gold Loan:
- Identity Proof: Aadhaar Card, Voter ID, Passport, or Driving License
- Address Proof: Utility Bill, Bank Statement, or Passport
- Photographs: One passport-sized photograph
Loan Amount & Security
Loan Amount: Minimum ₹25,001; Maximum ₹25 Lakh
Security: Pledge of gold ornaments
Repayment Options
Axis Bank offers the following repayment options:
- Bullet Repayment: Repay the principal and interest at the end of the loan tenure
- EMI Based Repayment: Monthly installments comprising principal and interest
Charges & Fees
- Processing Fee: 1% of the loan amount
- Appraiser Fee: Charges for gold appraisal, payable by the applicant
Key Considerations Before Applying
Before applying for an Axis Bank Gold Loan, keep the following points in mind:
- Gold Quality: Gold pledged must meet the bank's purity standards
- Loan Agreement: Carefully read the loan terms and conditions before signing
- Gold Security: Understand that pledged gold may be forfeited in case of non-repayment
Contact Axis Bank
If you have any questions or wish to apply for a gold loan, contact Axis Bank:
- Customer Care: 1860 419 5555
- Official Website: Axis Bank Gold Loan
Disclaimer: The information provided above is based on publicly available data and is subject to change at the bank’s discretion. For the most current details, please visit the official Axis Bank website or contact the nearest Axis Bank branch.
