Interest Rate
1.25% 0.79% p.m.

Allahabad UP Gramin Bank Gold Loan

Highest Loan Per Gram ⍟

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Unlock the Real Value of your Gold
Rates as low as 9.90%*
Get Money in 30 Mins
Loan Amount Up to 1 Crore
Loan Tenure Up to 48 Months
Unbiased Experts Advice

About Allahabad UP Gramin Bank Gold Loan

Allahabad UP Gramin Bank is known as a regional rural bank (RRB) in Uttar Pradesh, India. The bank was set up in 2010 with the amalgamation of the erstwhile Lucknow Kshetriya Gramin Bank and Sitapur as well as Triveni Kshetriya Gramin Bank, Orai. Allahabad Bank sponsors it. The bank was created on 2 March 2010  under gazette notification issued by the Ministry of Finance Sub-Section (1) of Section 23 A of the RRB Act, 1976. Allahabad UP Gramin Bank is headquartered in Banda. The bank provides financial services to people like personal loan, Gold Loan, and Loan against property and many more.

Allahabad UP Gramin Bank Gold Loan Key Features

Collateral Gold ornaments
Gold Loan per gram
varies depending on the purity of gold
Age of Borrower 18 – 70 years
Maximum Loan Amount Up to 10 lakhs
Maximum Loan to Gold Value Ratio Up to 70%
The purity of Eligible gold 18 carat to 22-carat gold
Loan Tenure 6 to 60 months

Allahabad UP Gramin Bank Gold Loan Interest Rates

In general Loan on Gold, the credit is available at a low-interest rate. Moreover, the reason behind that the gold loan comes in the category of secured loans. So the Gold interest rates are less than that of a personal loan or any other kind of loans. Though the Gold loan rate keeps on changing with the passage of time as well as person to person. The  Allahabad UP Gramin Bank Gold Loan is available at 1% per month interest rate.

Gold Loan Rate 10.70% p.a.
Repayment Scheme
Bullet Repayment Scheme, Overdraft Scheme
Prepayment Charges 0 – 2 %.
Service Charges variable
Document Charges variable
Gold Valuation Charges variable
Processing Fee 0.85%.

Allahabad UP Gramin Bank Gold Loan Accepted Gold Forms

The accepted forms of gold in a bank for collateral include all forms of gold ornaments which are 18 to 22 carats pure and minted gold coins (Maximum 50 grams). Banks don’t accept raw gold, gold biscuits, or forged gold coins.

The minimum weight of the gold collateral should be 10 grams excluding the weight of stones.

How Much Can I Get Through Allahabad UP Gramin Bank Gold Loan?

Allahabad UP Gramin Gold Loan Rates/ Gram
Weight Loan on 18Cr Gold Loan on 20Cr Gold Loan on 22Cr Gold Loan on 24Cr Gold
1 gm 2440 2722 3005 3287
10 gms 24400 27220 30050 32870
20 gms 48800 54440 60100 65740
30 gms 73200 81660 90150 98610
50 gms 122000 136100 150250 164350
100 gms 244000 272200 300500 328700
200 gms 488000 544400 601000 657400
300 gms 732000 816600 901500 986100
500 gms 1220000 1361000 1502500 1643500

Allahabad UP Gramin Bank Gold Loan Eligibility 

Age 18-70 years of age
Nationality Indian
Employment Status
Salaried, Self-Employed
Gold Quality, Quantity
Minimum 18 Carats, minimum 10 grams
Requirements
Gold ornaments (18-22 carats)
CIBIL score Above 500

Allahabad UP Gramin Bank Gold Loan Advantages

  1. A gold loan is characterized by great availability. You can avail of one by visiting any nearest branch of the bank or its website. Thus you don’t have to travel far or travel at all.
  2. You can avail of a gold loan with interest rates starting at just 1% per month and minimal processing charges.
  3. For the prepayment of a gold loan, you either have to pay minimal foreclosure charges or none at all.
  4. You don’t have to worry about the safety of your ornaments. The bank has lockers matching the national standards.
  5. A gold loan does not demand a minimum income or credit score.
  6. You don’t need to submit an income proof. Only the basic KYC documents are required.
  7. You can choose your tenure yourself for a gold loan.
  8. Gold loans can be used for many purposes, whether personal or professional.
  9. Gold loans only have basic eligibility criteria.
  10. With a gold loan, you can get many repayment options

Allahabad UP Gramin Bank Gold Loan Documents

Photographs
2 Passport-Sized latest coloured photos
Identity Proof
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
Residence Proof
Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)
Agricultural Land Proof
Required only if the Loan is taken for Agricultural Purpose. In the case of Agriculture Loan on the gold of more than Rs. 1 lakh there is no requirement of proof for allied agriculture purposes.
Demand Promissory Note
Certificate by the Jewel Appraiser (Bank will arrange)

Allahabad UP Gramin Bank Gold Loan Process

The application process is very easy to understand. All you have to do is visit the nearest branch and submit the documents and gold ornaments. The bank will check your documents and weigh your gold. It will then make a loan offer. If you feel like the offer fits your requirement, sign an acceptance agreement. Your loan will be sanctioned in 5 minutes.

Why Dialabank for online Allahabad UP Gramin Bank Gold Loan?

  • Dialabank is your best agent as it offers you a personalized service
  • It shortlists the best offers for you and helps you choose one among them
  • Dialabank provides you with the most trustworthy service without any hassle.
  • Dialabank offers you a document door pick-up facility.
  • Dialabank is there for your assistance at every step.

Allahabad UP Gramin Bank Gold Loan Apply Online

  • Visit Dialabank and go to the menu on the homepage.
  • Click on the gold loan link. Provide us with your details.
  • After you apply, we will shortlist offers for you and call you.
  • For more information or in case of any query call 9878981144.

Allahabad UP Gramin Bank Gold Loan

Allahabad UP Gramin Bank Gold Loan EMI Calculator

Rate of Interest
6 months 1 Yr 2 Yrs 3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

Allahabad UP Gramin Bank Gold Loan FAQs

✅ What is Allahabad UP Gramin Bank Gold Loan?

Allahabad UP Gramin Bank Gold Loan is a very useful loan. It can be availed of very easily and can be used by anyone for their personal or professional needs such as by a housewife, a businessman, a student, or a farmer. It is offered at attractive interest rates and affordable repayment options.

✅ How Can I Get Gold Loan From Allahabad UP Gramin Bank?

Getting a gold loan from Allahabad UP Gramin Bank is extremely easy. You can apply by personally visiting the bank. If you don’t want to leave the comfort of your homes, apply through the bank’s website or its mobile app. You can also visit Dialabank for the application.

✅How much Gold Loan Can I get per gram from Allahabad UP Gramin Bank?

The Allahabad UP Gramin Bank gold loan per gram rate is different for gold ornaments with different purity. Moreover, it is also affected by the market variations in the price of gold.

✅ How Does Allahabad UP Gramin Gold Loan work?

Allahabad UP Gramin Bank gold loan works in a simple manner:

  1. Take your gold jewellery and the documents to the nearest bank branch.
  2. You will be offered a loan amount on the basis of the value of your ornaments. The more the value the more will be the offered amount.
  3. Accept the offer and sign an agreement.
  4. Your loan will be sanctioned and the processing fee and other charges will be deducted from it.

✅ What is the Gold Loan interest rate in Allahabad UP Gramin Bank?

The gold loan interest rate in Allahabad UP Gramin Bank starts at 10.70% and can go up if you don’t have a stable income or a good credit history. The bank provides a loan amount which is 70% the value of the collateral.

✅ How to check gold loan status in Allahabad UP Gramin Bank?

To check your gold loan status in Allahabad UP Gramin Bank, email the ban your loan application details. You can also visit the bank branch or the website for it.

✅How to renew Allahabad UP Gramin Bank Gold Loan online?

To renew your Allahabad UP Gramin Bank Gold Loan online, visit the bank’s online portal. You can renew it offline in the same branch where you initially availed of the loan. Your god collateral will be revalued.

✅ How to pay Allahabad UP Gramin Bank Gold loan interest online?

Allahabad UP Gramin Bank offers you many ways to pay your interest online. You can find more information on the bank’s website or calling up the customer care services of the bank.

✅What if I can’t pay the interest on the Allahabad UP Gramin Bank Gold loan for 3 months?

If you fail to pay your Allahabad UP Gramin Bank gold loan interest for 3 months, the bank will serve you with a legal notice and sell off your jewellery to recover the bad debt. Your CIBIL score will be severely affected.

✅How can I apply for the EMI moratorium on the Allahabad UP Gramin Gold loan?

To apply for an Allahabad UP Gramin Bank gold loan EMI moratorium, visit the nearest bank branch or the bank’s website. A moratorium is a predefined period wherein you are not liable to repay your loan.

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