Kosamattam Finance Gold Loan Key Features – Apply Now!
| Kosamattam Finance Gold Loan Interest Rate | 7.11% per annum |
| Kosamattam Finance Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,032 |
| Kosamattam Finance Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| Kosamattam Finance Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
| Kosamattam Finance Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| Kosamattam Finance Gold Loan Repayment Tenure | 3 Months to 24 Months |
| Kosamattam Finance Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of Kosamattam Finance Bank Gold Loan:
- Quick Processing: Kosamattam Finance Bank permits and expends the Gold loan in such a short duration with comfort and quickness. The loan takes60 minutes to get passed.
- Minimal Documentation: Significant details are asked thus, necessary documents are required by the Kosamattam Finance Bank.
- Transparent System: The Kosamattam Finance Bank offers a very clear and honest system that is; no unspecific charges involved.
- Loan Amount: The extent of loan given to the applicants is Rs. 15000 that goes down to Rs. 10000 for the people belonging to rural zones in Kosamattam Finance Bank.
- Security of Jewelry: Kosamattam Finance Bank pledges for the security of the gold assets lent by the loan-seekers.
- Loan Tenure: The loan availing period in Kosamattam Finance Bank is from 3 months to 2 years. According to the needs, people can opt for it.
- Advantages for Farmers: Implementing new ideas like offering advantages to the farmers along with fewer banking rates by the Kosamattam Finance Bank.
- No Debt Trouble: If the customers are unable to refund the loan then there’s no need to put debt charges on him.
- No Income bounds: Income or salary of anybody should not become an obstacle when you urgently need money. Thus, Kosamattam Finance Bank does not rely on the income of any individual.
- Another Similar loan: I think the e-mudra loan is the best alternative to Gold Loan.
How Much Gold Loan can I Get through Kosamattam Finance Bank Gold Loan:
Kosamattam Finance Bank Gold Loan Per Gram – Updated September 2020
Updated - Gold Loan Per Gram Rate | ||||
Gold Weight | Gold Purity | Gold Purity | Gold Purity | Gold Purity |
24 Carat | 22 Carat | 20 Carat | 18 Carat | |
1 gram | 4680 | 4290 | 3900 | 3510 |
10 gram | 46800 | 42900 | 39000 | 35100 |
20 gram | 93600 | 85800 | 78000 | 70200 |
30 gram | 140400 | 128700 | 117000 | 105300 |
40 gram | 187200 | 171600 | 156000 | 140400 |
50 gram | 234000 | 214500 | 195000 | 175500 |
100 gram | 468000 | 429000 | 390000 | 351000 |
200 gram | 936000 | 858000 | 780000 | 702000 |
300 gram | 1404000 | 1287000 | 1170000 | 1053000 |
400 gram | 1872000 | 1716000 | 1560000 | 1404000 |
500 gram | 2340000 | 2145000 | 1950000 | 1755000 |
Kosamattam Finance Bank Gold Loan Eligibility:
Age | 18-70 years of age |
Nationality | Indian |
Employment Status | Salaried, Self-Employed |
Gold Quality | Minimum 18 Carats |
Kosamattam Finance Bank Gold Loan Documents Required:
Photographs | 2 Passport Size |
Identity Proof | Aadhar Card, Passport, PAN Card, etc. (Only 1 is required) |
Residence Proof | Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required) |
Kosamattam Finance Bank Gold Loan Interest Rate, Fees, and Charges:
HDFC Gold Loan Interest Rate | 7.00% per annum |
Processing Fee | 1.50% of the Principal Loan Amount |
Prepayment/Foreclosure Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
Valuation Fee | Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs |
Late Repayment Charges | 2% p.a. + Applicable rate of interest. |
Renewal Processing Fees | Rs 350 + GST |
About Kosamattam Finance Gold Loan:
Kosamattam finance is the leading financing company among other funding and non-funding institutions. It gives loans to the person who needs money for targeting their short-term needs. Also, it helps individuals to make good use of gold by lending with the bank. Kosamattam Finance is the most popular banking solution that has great services and offers.
- Kosamattam Finance Bank Gold Loan Interest Rate is 7.11% per annum
- Kosamattam Finance Bank Gold Loan Per Gram is ₹ 5,032
- Kosamattam Finance Bank Gold Loan Tenure: Up to 24 months
- Kosamattam Finance Bank Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of Kosamattam Finance Bank Gold Loan:
- Loan Against Gold –Kosamattam Finance Bank gives a gold loan to those who cannot pay the bills or fees of basic things and urgently needs the monetary help. Thus, Kosamattam Finance Bank help them by lending them money at the least interest rate with no worries.
- Loan Against Gold for Agriculture – Kosamattam FinanceBank has different plans and schemes for the farmers so that they can work according to the needs. Also, it offers them great offerings. The bank also wants to know the land assertions that mention the purpose behind taking the loans.
Kosamattam Finance Bank Gold Loan EMI Calculator:
Rate of Interest | 6 months | 1 Yr | 2 Yrs | 3 Yrs |
| 7.00% | 17008 | 8652 | 4477 | 3088 |
| 8.00% | 17058 | 8699 | 4523 | 3134 |
| 8.50% | 17082 | 8722 | 4546 | 3157 |
| 9.00% | 17107 | 8745 | 4568 | 3180 |
| 9.50% | 17131 | 8678 | 4591 | 3203 |
| 10.00% | 17156 | 8791 | 4614 | 3227 |
| 10.50% | 17181 | 8815 | 4637 | 3250 |
| 11.00% | 17205 | 8838 | 4661 | 3274 |
| 11.50% | 17230 | 8861 | 4684 | 3298 |
| 12.00% | 17254 | 8885 | 4707 | 3321 |
| 12.50% | 17279 | 8908 | 4731 | 3345 |
| 13.00% | 17304 | 8932 | 4754 | 3369 |
| 13.50% | 17329 | 8955 | 4778 | 3393 |
| 14.00% | 17354 | 8979 | 4801 | 3418 |
| 14.50% | 17378 | 9002 | 4825 | 3442 |
| 15.00% | 17403 | 9026 | 4845 | 3466 |
How to Pay Your Kosamattam Finance Bank Gold Loan EMI?
- Standing Instruction (SI): If you are currently an account holder with Kosamattam Finance Bank, then Standing Instruction can be used for repayment as recognized as the best method. Your EMI amount is accepted from the Canara Bank bank account.
- Electronic Clearing Service (ECS): This procedure is followed when you have a non-Kosamattam Finance Bank record and probably need your EMIs to be owed from the recent record.
- Post-Dated Checks (PDC): You can show your post-dated EMI reports from a non-Kosamattam Finance Bank financial statement at your nearest Kosamattam Finance Bank loan Center. A different version of PDCs should be shown on time.
The Kosamattam Finance Bank Gold Loan Contact Number:
Dial 9878981144 to learn more about Kosamattam Finance Bank Gold Loan features, best deals, and offers available in every branch of Kosamattam Finance Bank in the whole nation.
Gold Ornaments Accepted by Kosamattam Finance Bank :
- Gold Jewelry- Kosamattam Finance Bank accepts gold as in, Gold Bangles, Gold bands, Gold anklets, Gold necklaces, etc. all of these ornaments.
- Quality- The gold should be pure and the value lies between 18-22 carats.
Use of Kosamattam Finance Bank Gold Loan:
- Agricultures and related activities needed funds to get their targets completed thus, the amount acquired by the Kosamattam Finance Bank can be of use.
- Marketing requirements like purchasing fresh supply, etc can be fulfilled.
- Personal and professional work can also be completed by a huge amount.
Gold Loan Interest Rate of Major Banks
| Bank | Interest Rates |
| HDFC Bank Gold Loan | 7.11% – 14.50% |
| ICICI Gold Loan | 7.11% – 16.10% |
| Muthoot Finance Gold Loan | 7.11% – 24.00% |
| Axis Bank Gold Loan | 7.11% – 17.11% |
| Manappuram Gold Loan | 7.11% – 26.00% |
| Yes Bank Gold Loan | 7.11% – 15.99% |
| Bank of India Gold Loan | 7.11% – 26.00% |
| Federal Bank Gold Loan | 7.11% – 13.50% |
| IIFL Gold Loan | 7.11% – 12.00% |
| Central Bank of India Gold Loan | 7.11% – 14.65% |
| Canara Bank Gold Loan | 7.11% – 12.65% |
| Allahabad Bank Gold Loan | 7.11% – 10.45% |
| Induslnd Bank Gold Loan | 7.11% – 15.75% |
| PNB Gold Loan | 7.11% – 11.75% |
| Bajaj Finance Gold Loan | 7.11% – 26% |
| SBI Gold Loan | 7.11% – 15.99% |
| Indian Bank Gold Loan | 7.11% – 15.99% |
| UCO Bank Gold Loan | 7.11% – 26.00% |
| Kotak Mahindra Bank Gold Loan | 7.11% – 13.50% |
| Syndicate Bank Gold Loan | 7.11% – 12.00% |
FAQs About Kosamattam Finance Bank Gold Loan:
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What is Kosamattam Finance Bank Gold Loan?
The Kosamattam Finance Bank Gold Loan caters to a funding facility where an individual is given funds in exchange for the gold at a feasible rate of interest and has the least desk work.
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How can I get the Gold Loan from Kosamattam Finance Bank?
You can get the Kosamattam Finance Bank Gold Loan by visiting online at lendingwale from your home and take the best deals and offers.
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What is the Gold Loan Interest Rate in Kosamattam Finance Bank?
The Gold Loan rate in Kosamattam Finance Bank is 7.11% per annum.
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How much Gold Loan can I get per gram in Kosamattam Finance Bank?
The per gram Gold Loan in Kosamattam Finance Bank is ₹ 5,032 Per Gram.
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How to check Gold Loan status in Kosamattam Finance Bank?
Learn about the gold loan status in Kosamattam Finance Bank by visiting the tracker web page and fill in your details within the application given.
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How to calculate Gold Loan Interest in Kosamattam Finance Bank?
Calculations of gold loan interest in Kosamattam Finance Bank can be concluded using the EMI calculator.
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How to Pay Kosamattam Finance Bank Gold Loan Interest Online?
Any applicant can pay the interest on the Kosamattam Finance bank either via net banking or Paytm or any of your most preferred methods.
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What if I can’t pay the interest on Kosamattam Finance Bank Gold Loan for 3 months?
On request for the augmentation of the candidate in the repayment process, still, it is not done then thee Kosamattam Finance Bank has full authority to put legal charges against the client and confiscate their gold assets.
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How can I apply for EMI Moratorium on Kosamattam Finance Bank Gold Loan?
You can demand EMI Moratorium on Kosamattam Finance Bank Gold Loan now between the 1st March and 31st August 2020 and perform it by calling the Bank customer care or visiting the closest Kosamattam Finance Bank branch.
