What are the fees and charges on gold loan
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  • Privy League
  • NRI Services
  • Investors

Fees and Charges varies from scheme to scheme and loan amount. Basic charges applicable for gold loan will be,  Stamp duty charges ,processing fees and valuer charges. 

Please note: 

1. Stamp duty charges will be applicable as per the respective state stamp act. 

2. Processing fee ranges from 0 to 1% depending upon the quantity and loan amount, subject to deviation. 

3. Valuer charges range from Rs. 250 to Maximum Rs. 1000, depending upon the loan amount ( 2nd valuation will be done if loan amount is Rs 4 lacs and above ). 

If the loan is closed within the locking period, preclosure charges will be applicable to the extent of 2.25 %. Locking period is for minimum 6 months however,  negotiable depending upon the need. If defaulted for any amount 3% penal rate will be levied. 

If interest defaulted for 3 months,  legal charges will be attracted. All fees attract GST charges as per norms.

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