Which bank gold loan is best?

[nandhakumarn]

1. Cooperative bank tamilnadu gives 0% interest for farmers based on agri gold loan

2. IOB gives kissan gold loan for 45 paise.

3. Indian Bank have floating interest rate for gold loan

4. Any other bank discuss here with low interest rate

 

[helloworld]

IMO, gold loan is the one that gives high value to your gold. Did all mentioned banks offered same loan amount for same quantity of gold after deductions like stone etc.

 

[nandhakumarn]

IMO, gold loan is the one that gives high value to your gold. Did all mentioned banks offered same loan amount for same quantity of gold after deductions like stone etc.

not all the banks give high amount. very few banks are following RBI norms completely.. Few PSU bank giving Kishan loans with low interest rates.

 

[helloworld]

not all the banks give high amount. very few banks are following RBI norms completely.. Few PSU bank giving Kishan loans with low interest rates.

yes, i would've choosen the bank with higher amount and some what nearest lower interest rate because when going for loan, I need immediate cash requirement.