SKN Diwali Special Gold Loan Rate
how does it work
  • 1.Just bring in your gold, any jewellery or gold bars/coins.
  • 2.We’ll quickly assess the karat using a state of the art XRF spectrometer.
  • 3.Based on the weight, karat and current market value of gold, your loan amount will be decided.
  • 4.No credit
    checks.
  • 5.Lowest
    interest rates.
  • 6.And, you get your money
    instantly in your hand.
All this, while still owning your gold. You can close the loan anytime and get your
precious gold back. While you work towards more gold, let your gold work for you.

GOLD LOAN CALCULATOR

Gold Loan Calculator

* Repayment Terms: Flexible terms with minimum repayment period of 62 days and maximum repayment period of 10 years. No prepayment penalties.
* Annual Percentage Rate (APR): Ranges from 24% to 33%.
  Example: A $1000 loan for 1 year at 24% APR results in $240 interest payable. An additional gold assessment fee will be applicable.
* Other Fees and Costs
  Gold Assessment Fee: A non-refundable fee is charged for evaluating the gold items used as collateral for the loan. Gold Bullion exempted.
  Non-Sufficient Fund (NSF) Charges: $25 per NSF activity will be charged in case of non-repayment.
* Risks Involved: Failure to make the minimum payment can result in the default of the loan, which may lead to loss of collateral. Make sure payments are made on time as per the agreement to avoid default.