Capri Gold Loan
Capri Gold Loan up to ₹5 Crores can be availed for all types of personal and business-related financial needs. The final loan amount offered against your gold depends on certain factors such as the gold’s purity, its weight, and the prevailing market rates. You can use Capri’s online gold loan calculator or visit a nearby branch to know the exact value. The borrowed amount can be repaid within a tenure of 3 to 36 months at an affordable interest rate of 11.88% to 30% per annum. A processing fee of up to 0.25% of the loan amount + GST is also levied on the borrowed funds.
Key Highlights of Capri Gold Loan
Below are the Capri Gold Loan Interest Rate and other key details associated with the Capri Gold Loan:
| Loan Amount | ₹3,000 - ₹5 Crores |
|---|---|
| Interest Rate | 11.88% - 30% p.a. |
| Tenure | 3 - 36 months |
| Processing Fee | 0% - 0.25% of loan amount + GST |
Capri Gold Loan Interest Rates & Charges
Before you start looking for “Capri Gold Loan Near Me” on your browser, you must know the interest rates and charges associated with the Capri Gold Loan as mentioned below:
- Interest rate: 11.88% to 30% p.a.
- Processing fee: 0% to 0.25% of the loan amount + GST (depending on the scheme).
- Penal charges for delayed payment: 3% per month on outstanding dues.
- Part prepayment/ foreclosure charges: 2% + 18% GST for 0 - 5 days, 1% + 18% GST for 6 - 10 days, & 0% for > 10 days.
- SMS charges: ₹7 per month (including GST).
- MTM charges on more than 90% LTV: ₹500 per incident.
- Cash handling charges: ₹25 or 0.25% of the cash transaction amount, including GST (whichever is higher).
- Pre-auction charges: ₹200 per incident.
- Post-auction charges: ₹1,500 per loan account.
- Tenure extension charges: 0.15% + 18% GST.
- Physical copy of statement of account: ₹50 + GST (once per day).
- Part release charges: ₹150 to ₹500 + 18% GST (depending on the requested loan amount).
- Franking charges, including cess: As per the law ofthe State.
- GST: 18%.
Benefits of Capri Gold Loan
Here are some attractive benefits of availing a gold loan from Capri:
- High Capri Gold Loan Per Gram Rate Today starting from ₹9,976 per gram.
- Disbursal in stages or 100% upfront.
- 100% insurance on your gold during the loan period.
- Capri has a PAN India presence.
- Your gold is protected in AI-powered vaults under a 24x7 CCTV surveillance.
- Repayment can be done through the Bullet Repayment method, which means you have to pay interest as per the schedule and principal at the end of the tenure.
- Affordable interest rates ranging from 11.88% to 30% per annum, varying as per the scheme.
Compare Capri Gold Loan with Other Lenders
Below is the comparison of Capri Gold Loan interest rates with other lenders in India:
| Bank | Starting Interest Rate | Processing Fee |
|---|---|---|
| Capri | 11.88% p.a. | 0% to 0.25% of the loan amount + GST |
| Axis Bank | 17.00% p.a. | Up to 0.50% of the loan amount + GST |
| HDFC Bank | 9.30% p.a. | Up to 1% of the disbursal amount + applicable taxes |
| Kotak Mahindra Bank | 9.00% p.a. | Up to 2% of the loan amount + GST |
| ICICI Bank | 9.25% p.a. | Up to 2% of the loan amount + Applicable taxes |
| SBI | 9.00% p.a. | Up to 0.50% of the loan amount + GST |
| Federal Bank | 9.74% p.a. | Up to 0.50% of the loan amount |
| Bank of Baroda | 9.90% p.a. | Applicable charges + GST |
| PNB | 8.85% p.a. | 0.30% of the loan amount + GST or ₹500 + GST, whichever is higher. |
| Canara Bank | 9.25% p.a. | Up to 0.30% of the loan amount |
Capri Gold Loan Eligibility Criteria
- Capri Gold Loan is available to Indian residents.
- Applicant must be a minimum of 18 years old at the time of the loan application and a maximum of 75 years old at the end of the loan tenure.
- Applicant must own gold jewellery in the range of 18k to 24k purity level.
- No income proof or credit history is required.
- Applicants must provide valid documents as required by Capri.
Document Required for Capri Gold Loan
The list of documents required to apply for Capri Gold Loans is mentioned below:
Application Documents
- Identity Proof: Aadhaar Card/ Valid Passport/ Valid Driving License/ Voter ID Card.
- Address Proof: Aadhaar Card/ Valid Passport/ Valid Driving License/ Voter ID Card.
Other Documents
- Declaration or Proof of Agriculture/ Allied Activity has to be submitted to avail Agriculture Gold Loans.
- PAN Card is mandatory for loans above ₹5 Lakhs.
- Udyam Certificate is mandatory to avail Business Gold Loans.
Steps to Apply for a Capri Gold Loan
- Applying for a Capri Gold Loan is easy:
- Fill out an online form
- Schedule a doorstep valuation
- Submit the required KYC documents
- Sign the agreement
- Get disbursal quickly (often same-day disbursement).
Capri Gold Loan Customer Care Details
To reach out to the Capri Gold Loan customer care team, choose any of the following methods of communication:
- Call: +91-9179121021 (10 AM - 7 PM, from Monday - Friday)
- Email: care@capriglobal.in
FAQs
Yes, your gold is protected in AI-powered vaults of Capri under 24x7 CCTV. Also, complete insurance coverage is offered for your gold during the loan period.
Yes, Capri Loans (Capri Global Capital Limited) is an RBI-registered Non-Banking Financial Company (NBFC)
The current interest rate on Capri Gold Loans ranges from 11.88% to 30% p.a.
You can get anywhere between ₹3,000 and ₹5 Crores, depending on the gold evaluation.
Missing an EMI on your Capri Gold Loan may result in immediate penalties, including late payment fees and additional interest charges on the amount overdue. It will also significantly damage your credit score. Persistent non-payment may land you in legal trouble as well.
Yes, if you prepay or foreclose your Capri Gold Loan after 10 days of disbursal, there are no prepayment charges or penalties. However, closing the loan in 0 - 5 days will attract a penalty of 2% + 18% GST and 1% + 18% GST for 6 - 10 days.
Capri Gold Loans often get approved within a few hours of application, due to minimal documentation requirements and the secured nature of the loan.