Capri Cuts Gold Loan Interest By 100 Bps

Zero processing fees, Instant transfer to bank account, Safe and secure storage

Rajesh Sharma

FinTech BizNews Service   

Mumbai, March 11, 2024: Capri Global Capital Ltd, a leading non-banking financial company, today announced a reduction in its gold loan interest rates by 100 bps. This exclusive offer is available for a limited time until March 31, 2024. With this reduction in interest rate, customers may now have to pay as low at Rs0.83 per Rs100 per month as interest rate. 

Starting from 9.96%* p.a., gold loans offer can be availed by both new and existing customers, who can seize this opportunity, with zero processing fees*. This offer not only ensures prompt financial assistance through quick disbursement, but also allows customers to access funds swiftly during urgent times. The scheme offers flexible repayments. Customers will benefit with minimal documentation, complete digital applications, and no income proof requisite.

Mr. Rajesh Sharma, Managing Director of Capri Global Capital Ltd, said that "At Capri Global Capital, our primary focus is to enhance customer satisfaction through persistent quality service. This scheme allows us to broaden our reach and cater to an even larger audience. With a presence in 9 states and over 750 branches dedicated to gold loans, we aim to provide our borrowers with the advantage of reduced interest rates, leading to overall cost savings. We strictly adhere to RBI regulations and compliance frameworks, ensuring our sustained growth while delivering exceptional services to our valued customers. By making gold loans more affordable, we empower a wider customer base, and ease financial burdens.”

Under this offer, customers could avail a loan amount of up to 75% of the total collateral value. The valuation of the gold is meticulously conducted using cutting-edge instruments and skilled staff. Tamper-proof lockers and AI-enabled security vaults are continuously monitored by CCTV surveillance to ensure the safety of the deposited gold. Customers can avail of this offer by visiting the nearest gold loan branch of Capri Gold Loans.

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