Allahabad UP Gramin Bank Gold Loan Key Features – Apply Now
|Allahabad UP Gramin Bank Gold Loan Interest Rate||5.88% per annum|
Allahabad UP Gramin Bank Gold Loan Rate Per Gram
|Rate Per Gram is ₹ 2,900 to ₹ 3,450|
Allahabad UP Gramin Bank Processing Fee
0.75% of the Principal Loan Amount
|Allahabad UP Gramin Bank Maximum Loan Amount||
Up to Rs. 10 Lakh
|Allahabad UP Gramin Bank Minimum Loan Amount||
Allahabad UP Gramin Bank Gold Prepayment Charges
2%+GST (Within 3 Months), 0 (After 3 months)
Allahabad UP Gramin Bank Gold Repayment Tenure
Up to 60 Months
Allahabad UP Gramin Bank Gold Repayment Scheme
Bullet Payment Scheme, Overdraft Scheme
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 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 Loan interest rate is 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||5.88% per annum|
Bullet Repayment Scheme, Overdraft Scheme
|Prepayment Charges||0 – 2 %.|
|Gold Valuation Charges||variable|
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 – updated January 2021|
|Weight||Loan on 18Cr Gold||Loan on 20Cr Gold||Loan on 22Cr Gold||Loan on 24Cr Gold|
Allahabad UP Gramin Bank Gold Loan Eligibility
|Age||18-70 years of age|
Gold Quality, Quantity
Minimum 18 Carats, minimum 10 grams
Gold ornaments (18-22 carats)
|CIBIL score||Above 500|
Allahabad UP Gramin Gold Loan at Home
Gold Loan at Home is an immediate or doorstep loan service that allows you to borrow money from the comfort of your own home. As interest rates are low, the service is quick, flexible, and economical. Before submitting a loan request, you can also use the gold loan calculator to determine the worth of your gold or the loan amount. The process for getting a Gold Loan at home is quite simple and convenient, and it can be completed in just a few minutes.
One of our representatives will contact you and arrive at your home within 30 minutes. The appropriate gold loan amount will be paid immediately to your bank account when all e-documentation and gold identification is completed at your home.
The benefits of getting a gold loan at your doorsteps are:
- Access To Your Loan Account 24 X 7
- Diverse Range of Gold Loan Schemes
- Your Gold will just be released the same day.
- Pre & Part Payment Facility
- You can get free insurance for your Gold
- There are no hidden fees.
- You will get the maximum value of your Gold
- Service at Your Door in 30 Minutes
- You can avail your Gold Loan in just 1 visit
Allahabad UP Gramin Bank Gold Loan Advantages
- 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.
- You can avail of a jewel loan with interest rates starting at just 1% per month and minimal processing charges.
- For the prepayment of a gold loan, you either have to pay minimal foreclosure charges or none at all.
- You don’t have to worry about the safety of your ornaments. The bank has lockers matching the national standards.
- A gold loan does not demand a minimum income or credit score.
- You don’t need to submit income proof. Only the basic KYC documents are required.
- You can choose your tenure yourself for a gold loan.
- Gold loans can be used for many purposes, whether personal or professional.
- Gold loans only have basic eligibility criteria.
- With a gold loan, you can get many repayment options.
- The Bank Gold loan charges a foreclosure charge of 0.50% of the principal amount.
Allahabad UP Gramin Bank Gold Loan Documents
2 Passport-Sized latest colored photos
Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
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 EMI Calculator
Rate of Interest
|6 months||1 Yr||2 Yrs||3 Yrs|
Know More – Gold Loan Interest Rate
GOLD LOAN @ 0.49%*
Uses of Allahabad UP Gramin Bank Gold Loan
- Personal expenses like vacation, tuition fees, etc.
- Finance business needs like buying inventory, plant, business expansion, etc.
- For agricultural purposes.
Allahabad UP Gramin Bank Agricultural Jewel Loan Scheme
|Scheme||Agricultural Jewel Loan Scheme|
|Interest Rate||Starting from 5.88% per annum (depends on the sum of the loan|
|Least amount of Loan||Depends on the value of jewel which is being kept as security|
|Loan period||Adjustment of advance sum inside 2 months from the date of reap of yields|
Benefits of Allahabad UP Gramin Bank Agricultural Jewel Loan Scheme
- There is no processing fee is applicable up to ₹ 25,000
- 0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹ 25,000 – less than ₹ 5 lakh
- 0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh however under Rs.1 crore
Allahabad UP Gramin Bank Gold Loan Overdraft Scheme
Allahabad UP Gramin Bank Offers an Overdraft Scheme. With this, you are provided a loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. The bank charges interest only on the amount you utilize.
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 per gram gold loan 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:
- Take your gold jewelry and the documents to the nearest bank branch.
- 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.
- Accept the offer and sign an agreement.
- 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 5.88% per annum and can go up if you don’t have a stable income or a good credit history. The bank provides a loan amount that is 70% of 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 bank 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 by 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 interest rate on gold loan 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.
✅What is Allahabad UP Gramin Bank Gold Loan Overdraft Scheme
Allahabad UP Gramin Bank Offers an Overdraft Scheme. With this, you are provided with a loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Gold Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. The bank charges interest only on the amount you utilize.
✅What is the foreclosure procedure for Allahabad UP Gramin Bank Gold Loan?
Allahabad UP Gramin Bank asks a borrower to 0.50% on the principal amount if there is an event of a Gold Loan Foreclosure.
✅What is the Allahabad UP Gramin Bank Gold Loan closure procedure?
The Gold loan will only close after the payment is done in full.
✅ What is Allahabad UP Gramin Bank Gold Loan Preclosure charges?
The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)
✅ What is the maximum gold loan tenure?
The maximum gold loan tenure is 36 months for Allahabad UP Gramin Bank.
✅ What is the minimum gold loan tenure?
The minimum gold loan tenure is 6 months for Allahabad UP Gramin Bank.
✅What is the customer care number for Allahabad UP Gramin Bank Gold Loan?
All the queries regarding Allahabad UP Gramin Bank are answered at 9878981144.