Andhra Pradesh Grameena Vikas Bank Gold Loan

Andhra Pradesh Grameena Vikas Bank Gold Loan Key Features – Apply Now

Advantages of Andhra Pradesh Grameena Vikas Bank Gold Loan

1. A gold loan is easily accessible. You can easily apply for a  loan against gold online.
2. Your loan will be approved within 5 minutes if you are eligible.
3. After the approval of your gold loan, if you have all the documents, your loan can be disbursed on the same day.
4. While providing you with the gold loan bank doesn’t check your credit score. You can get a gold loan even if your credit score is not good.
5. Since the gold loan is secured so the rates of interest would be low as compared to other investments.
6. Bank will keep your gold assets as security while providing you with a gold loan.
7. In case if you would not be able to return the loan, the bank can recover their loan amount with this gold.
8. You can use this amount of loan to fulfil any of your personal need. Whether it is related to the wedding or medical expenses, it can be related to business or agricultural activities. Bank would not ask you the reason for getting the gold loan.
9. Andhra Pradesh Grameena Vikas charges up to 0.50% of the principal amount as a Foreclosure charge.

How Much Loan Can I Get Through Andhra Pradesh Grameena Vikas Bank Gold Loan?

About Andhra Pradesh Grameena Vikas Bank Gold Loan

Andhra Pradesh Grameena Vikas Bank is known as a regional rural bank in Country.  It was up in 2006 as a Regional Rural Bank as per the Regional Rural Banks Act of 1976. The Bank is headquartered at Warangal, in-state Telangana, India. Andhra Pradesh Grameena Vikas bank provides Gold loan with a low-interest rate as well as the gold loan is disbursed very quickly you can say within an hour. Gold Loan whole process takes just a few minutes for the approval.

Andhra Pradesh Grameena Vikas Bank Gold Loan Eligibility

Gold Loan is a financial product provided by the bank which caters to your needs of short term or long term funds. It is easy to avail commercial service provided by banks at the lowest Gold loan interest rates and also requires minimal documentation for the same. Andhra Pradesh Grameena Vikas Bank gives you the Loan amount within an hour of application as the valuation and approval process is quickly done, keeping in mind your urgency regarding the need for funds.

Age	18-75 years of age
Nationality	Indian
Employment Status	Salaried, Self-Employed
Gold Quality	Minimum 18 Carats
CIBIL Score	500 and above

 

Andhra Pradesh Grameena Vikas Bank Gold Loan Documents Required

Gold Loan or Loan Against Gold is a loan product offered to the borrowers by Andhra Pradesh Grameena Vikas Bank wherein funds are provided for fulfilling the financial needs of the applicant. The gold ornaments of the applicant are kept as security by the bank in exchange for the funds. The entire Andhra Pradesh Grameena Vikas Bank Gold Loan process is hassle-free and easy to get with minimal documentation. The bank ensures high security of your gold ornaments till the loan is closed.

Photographs	2 Passport Size
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)

Andhra Pradesh Grameena Vikas Bank Gold Loan Interest Rate, Fees and Charges 

A Gold Loan can fulfil all your urgent short term and long term monetary requirements. The rate of interest that you will be charged with depends on the total loan amount as well as the quality/purity of the gold you are to keep as security with the bank. Gold Loan interest rates offered by Andhra Pradesh Grameena Vikas Bank are lower in comparison to other loans because it is a fully secured loan.

• Gold Loan Interest rate – 7% per annum
• Low processing fee – 0.7%
• Pre-closer charges range from 0-2 %.

Types of Andhra Pradesh Grameena Vikas Bank Gold Loan

• Loan Against Gold – Andhra Pradesh Grameena Vikas Bank offers a low rate of interests on gold loans starting at just 11% p.a.
• Loan Against Gold for Agriculture – To benefit the farmers from its loan scheme Andhra Pradesh Grameena Vikas Bank offers a lower rate of interest on loan against gold for agriculture purposes, with flexible repayment options.

Andhra Pradesh Grameena Vikas Bank Gold Loan Apply Online

Applying for the Andhra Pradesh Grameena Vikas Bank Gold Loan service is a hassle-free and straightforward process that can be done from the comfort of your home. You can do it online by visiting the bank’s official website and submitting a form with the necessary information. You can also :

• Visit Dialabank’s digital platform, where you will have just to fill a form without any registration.
• Our Relationship Manager will contact you and assist you throughout the Gold Loan process and guide you in fulfilling your financial needs.
• You will get personalised service, giving you the option of comparing and taking the best deal according to your needs without any extra charges.
• With Dialabank, you can compare the different offers and schemes from different banks based on the funding provided and the rate of interest charged for choosing the best loan deal for yourself.

Andhra Pradesh Grameena Vikas Bank Gold Loan EMI Calculator

How to Pay Your Andhra Pradesh Grameena Vikas Bank Gold Loan EMI?

Your Andhra Pradesh Grameena Vikas Bank gold advance can be reimbursed in the following three different ways.

1. Standing Instruction (SI): If you are a current record holder with Andhra Pradesh Grameena Vikas Bank, Standing Instruction is the best method of r repayment. Your EMI sum will be charged automatically toward the finish of the month to month cycle from the Andhra Pradesh Grameena Vikas Bank account you indicate.
2. Electronic Clearing Service (ECS): This mode can be utilised if you have a non-Andhra Pradesh Grameena Vikas Bank account and might want your EMIs to be charged consequently toward the finish of the month to month cycle from this record.
3. Post-Dated Checks (PDC): You can submit post-dated EMI checks from a non-Andhra Pradesh Grameena Vikas Bank account at your closest Andhra Pradesh Grameena Vikas Bank Loan branch. A new arrangement of PDCs should be presented on time. It will be ideal if you note Post Dated Checks will be gathered non-ECS areas as it were.
4. Know More – 4 Different Ways of Repaying Your Gold Loan
   
   
   
   
   

Andhra Pradesh Grameena Vikas Bank Gold Loan Contact Number

Call 9878981144 and get instant help and approval for your Andhra Pradesh Grameena Vikas Bank Gold Loan.

Gold Ornaments Accepted by Andhra Pradesh Grameena Vikas Bank Gold Loan

1. You need Gold jewellery of minimum 18 carats to take the loan and not more than 22 carats.
2. The banks accept gold coins weighing less than 50 grams (In Total).
3. Minted Gold coins are not treated as a legal form of gold to avail the loan.
4. The bank doesn’t accept gold in any raw form.

Know More – Gold Loan Per Gram

Uses of Andhra Pradesh Grameena Vikas Bank Gold Loan

The funds acquired by availing the Gold Loan service can be used for several purposes such as:

• To finance any personal expenses such as a wedding, travel, payment of higher education fees, etc.
• For all your business needs, such as buying raw material, expansion of business, etc.
• You can also avail a Gold Loan for agricultural purposes. Punjab National Bank offers lower rates of interest for Gold Loans that are used for agriculture or allied activities.
  
  
  
  
  

Andhra Pradesh Grameena Vikas Bank Agricultural Jewel Loan Scheme

Benefits of Andhra Pradesh Grameena Vikas Bank Agricultural Jewel Loan Scheme

• For 0.30% of the loan amount, Minimum of ₹ 300 is charged as processing fee ranging for more than ₹25,000 – less than ₹ 5 lakh
• 0.28% of the credit sum, subject to at least Rs.1,500 applicable on more than Rs.5 lakh and less than Rs.1 crore

Andhra Pradesh Grameena Vikas Bank Gold Loan Overdraft Scheme

The loan amount is provided as an overdraft facility and works as a Credit Card for the borrower where the customer can spend the money as and when they wish to. The interest is charged only on the amount that is used.

FAQs About Andhra Pradesh Grameena Vikas Bank Gold Loan

✅ What is Andhra Pradesh Grameena Vikas Bank Gold Loan?

Andhra Pradesh Grameena Vikas Bank Gold Loan is a loan scheme available to meet urgent monetary requirements for anyone owning gold ornaments. Once your gold ornaments are pledged with the bank, the loan amount gets disbursed into your accounts within a few minutes.

✅ How can I get the Gold Loan from Andhra Pradesh Grameena Vikas Bank?

You can get a gold loan from by either personally visiting any of the gold loan offering branch of Andhra Pradesh Grameena Vikas Bank near you or you can apply online with Dialabank by simply filling a form online. After your documentation is done the loan amount will be disbursed into your bank accounts.

✅ How much Gold Loan can I get per gram in Andhra Pradesh Grameena Vikas Bank?

The  Gold Loan rate per gram  amount in Andhra Pradesh Grameena Vikas Bank ranges between ₹ 3,506 to ₹ 4,621 depending on the purity of gold.

✅ How does Andhra Pradesh Grameena Vikas Bank Gold Loan work?

Andhra Pradesh Grameena Vikas Bank Gold Loan is an easy lending scheme through which you can avail a loan by pledging your gold ornaments (18-24 carats) with the bank. On pledging the gold, the loan amount will be instantly credited into your account, which you can pay in the form of SIs, PDS or EMI instalments.

✅ What is Gold Loan Interest Rate in Andhra Pradesh Grameena Vikas Bank?

A Gold Loan interest rate in Andhra Pradesh Grameena Vikas Bank starts at 7% per annum. It may vary depending on your eligibility requirements and your loan amount required.

✅ How to calculate Gold Loan Interest in Andhra Pradesh Grameena Vikas Bank?

You can calculate the interest on your Andhra Pradesh Grameena Vikas Bank Gold Loan by simply subtracting the borrowed amount from the payable loan amount. You can use Dialabank’s EMI Calculator which gives you the exact value of your payable amount.

✅ What is the loan tenure of Andhra Pradesh Grameena Vikas Bank Bank Gold Loan?

The loan tenure for Andhra Pradesh Grameena Vikas Bank Gold loan is from 3 months to 36 months.

✅ How much Processing Fee is applicable on Andhra Pradesh Grameena Vikas Bank Gold Loan?

The processing fee applicable on an Andhra Pradesh Grameena Vikas Bank Gold Loan is 0.7% + GST of the loan amount.

✅ What if I can’t pay the interest on Andhra Pradesh Grameena Vikas Bank Gold Loan for 3 months?

If you cannot repay your Andhra Pradesh Grameena Vikas Bank gold loan for 3 months the bank will remind you to repay the loan amount on time. If you continuously make loan defaults the bank will have all rights to sell your gold ornaments.

✅What is the Overdraft Scheme for Andhra Pradesh Grameena Vikas Bank Gold Loan?

The Overdraft Scheme has a Credit/Loan Limit. They charge interest on the amount utilized.

✅What is the Andhra Pradesh Grameena Vikas Bank Gold Loan closure procedure?

The Gold loan will end after the loan payment is done in full.

✅What is the Andhra Pradesh Grameena Vikas Bank customer care number?

9878981144 is the customer care number.

✅ What is Andhra Pradesh Grameena Vikas 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

✅ What are Andhra Pradesh Grameena Vikas Bank Gold Loan Foreclosure charges?

It charges up to 0.50% of the principal amount as Foreclosure charges.

✅ What is the minimum gold loan tenure?

The minimum gold loan tenure is 3 months.

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