Net Banking
Net Banking
Whether you need funds for education, business expansion, marriage, medical emergency, or any such purposes, Mahanagar Bank Gold Loan offers the quickest and easiest way to fulfill your needs.
With nominal documentation and quick approval and disbursement, Mahanagar Bank Gold Loan is a perfect solution. You can avail a Loan against Gold at any time. Our flexible duration and repayment options ensure that you are never out of budget.
Loans starting at ₹ 15,000 (Minimum loan amount of ₹ 10000/-)
Tenures starting from 3 months up to 24 months.
Competitive interest rates on Term Loan, Overdraft and EMI based loan.
Repay only the interest on the loan every month
Fast processing
Simple documentation and speedy disbursals
No hidden charges and transparent process
No requirement of a good credit history
70% of the gold value (as per Bank’s specified rates) Maximum up to Rs. 10 lakhs
Security: Pledge of Gold ornaments
Total security for your gold
Loans can be closed before due date.
Any Salaried individuals, professionals, self-employed person
LETTER OF PLEDGE
PROOF OF IDENTTIY
Aadhar Card / Driving license / Passport / PAN card/ Election card/Job card issued by Govt. agencies
PROOF OF RESIDENCE
Aadhar Card / Driving license / Passport/ Election card / Job card issued by Govt. agencies
PROOF OF INCOME - SALARIED INDIVIDUAL
Not required below loan amount of 2 lakhs
If above 2 lakhs - 6 manoths salary slip to be submitted along with the Bank statement
PROOF OF INCOME - BUSINESS
Not required below loan amount of 2 lakhs
Last 1 Year Income Tax Return with all annexures
Statement of account for 6 Months
PROOF OF INCOME - OTHERS
Self Declaration to be obtained for Home-makers and other Self-Employed who do not fall in the Tax Bracket.
PAN (Permanent Account Number) Card (along with any of above mentioned documents) or Form 60 One Passport Size Photograph
Agri Allied Occupation Documentation( in case of bullet repayment for agriculture customers)