Andhra Pragathi Grameena Bank Key Features – Apply Now
Andhra Pragathi Grameena Bank Collateral | Gold ornaments |
Andhra Pragathi Grameena Bank Gold Loan per gram | Rs. 3,435 to Rs. 4,580 depending on the purity of gold |
Andhra Pragathi Grameena Bank Age of Borrower | 18 – 75 years |
Andhra Pragathi Grameena Bank Maximum Loan Amount | Up to 20 lakh |
Andhra Pragathi Grameena Bank Maximum Loan to Gold Value Ratio | Up to 75% |
Andhra Pragathi Grameena Bank purity of Eligible gold | 18 carat to 22-carat gold |
Andhra Pragathi Grameena Bank Maximum Loan Tenure | Up to 36 months |
Advantages of Andhra Pragathi Grameena Bank Gold Loan
Fewer Documents: Document requirements for availing an Andhra Pragathi Grameena Bank Gold Loan Bank are quite less. The applicants are not asked to provide lengthy proofs in order to avail the financial service.
Easily Accessible: Another feature is, Availability of Andhra Pragathi Grameena gold loan service is great. People can easily avail gold loan at their closest branches.
CIBIL Score: In addition to this, Credit Score does not matter in this service, that is, the applicant does not have to worry about low credit repayment history. In fact, if anybody is having a bad repayment history, they can improve the same by taking a Andhra Pragathi Grameena Bank Gold Loan.
Foreclosure: The bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.
How Much Loan Can I Get Through Andhra Pragathi Grameena Bank?
Updated - Gold Loan Per Gram Rate w.e.f 1st Jan 2021 |
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Gold Weight | Gold Purity 24 Carat |
Gold Purity 22 Carat |
Gold Purity 20 Carat |
Gold Purity 18 Carat |
1 gram | 4680 | 4290 | 3900 | 3510 |
10 gram | 46800 | 42900 | 39000 | 35100 |
20 gram | 93600 | 85800 | 78000 | 70200 |
30 gram | 140400 | 128700 | 117000 | 105300 |
40 gram | 187200 | 171600 | 156000 | 140400 |
50 gram | 234000 | 214500 | 195000 | 175500 |
100 gram | 468000 | 429000 | 390000 | 351000 |
200 gram | 936000 | 858000 | 780000 | 702000 |
300 gram | 1404000 | 1287000 | 1170000 | 1053000 |
400 gram | 1872000 | 1716000 | 1560000 | 1404000 |
500 gram | 2340000 | 2145000 | 1950000 | 1755000 |
About Andhra Pragathi Grameena Bank Gold Loan
Andhra Pragathi Grameena Bank is a rural bank in the state of Andhra Pradesh. According to, the Regional Rural Banks Act of 1976, It was founded in 2006 as a Scheduled Commercial Bank. In order to provide people with loan services in rural areas like Rayalaseema and Coastal Andhra regions.
Gold Loan is a secured service in which you can use ornaments of gold in order to avail a loan. In this, The bank keeps your gold as security in the bank in return of cash. Therefore, if you are facing any financial problem you can avail a Gold Loan.
Andhra Pragathi Grameena Bank Gold Loan Eligibility
Age | 18-75 years |
Requirements | Gold ornaments (18-22 carats) |
CIBIL score | Above 500 |
Nationality | Indian |
Andhra Pragathi Grameena Bank Gold Loan Documentation
Identity Proof | Aadhar Card/Pan Card/ Passport/ Voter ID (Any one) |
Residence Proof | Aadhar Card /Pan Card/ Ration Card/ Utility Bills on the name of the applicant/ Rental Agreement of applicant/ Voter ID card (Any one) |
Agriculture Proof ( if applicable) | Agriculture Land Ownership Proof |
Photographs | 2 Passport sized coloured |
Andhra Pragathi Grameena Bank Gold Loan Interest Rates, Fees and Charges
Gold Loan Rate | 7.00% |
Processing Fee | 0.85% of the loan amount + GST |
Loan to Gold value | Up to 75% |
Pre-payment Charges | 0- 2% |
Types of Andhra Pragathi Grameena Bank Gold Loan
- The agricultural loan provided to farmers for agricultural purposes at a special rate of interest.
- Non- agricultural purpose loan against gold provided to individuals for all kinds of purposes except agricultural purpose. The rate of interest is slightly higher.
Andhra Pragathi Grameena Bank Gold Loan Apply Online
- Visit Dialabank
- Fill the Gold Loan form
- Wait for our relationship manager to contact you with the best offers.
Andhra Pragathi Grameena 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 |
How to Pay Your Andhra Pragathi Grameena Bank Gold Loan EMI?
Your Andhra Pragathi Grameena Bank gold loan can be repaid in the following ways:
- Standing Instruction (SI): If you are a current record holder with the Andhra Pragathi Grameena Bank, Standing Instruction is the best method of repayment.
- Electronic Clearing Service (ECS): This can be utilised if you have a non-Ujivan Small Finance Bank account and might want your EMIs to be charged consequently.
Andhra Pragathi Grameena Bank Gold Loan Contact Number
For any assistance in case of a gold loan from Andhra Pragathi Grameena Bank required you may contact on the number 9878981144.
Gold Ornaments Accepted by Andhra Pragathi Grameena Bank
Gold jewellery in any form like Gold Bangles, rings, anklets, and Gold necklaces, are accepted for availing an Andhra Pragathi Grameena Gold Loan provided they are between 18-24 carats.
Uses of Andhra Pragathi Grameena Bank Gold Loan
The loan amount acquired by availing the Andhra Pragathi Grameena Bank Gold Loan service can be used for several purposes such as:
- To finance personal expenses like a wedding, travel, medical bills, etc.
- For all your business financial requirements, such as buying raw material, inventory, etc.
हिंदी में पढ़े | தமிழில் படியுங்கள்
Andhra Pragathi Grameena Bank Agricultural Jewel Loan Scheme
Scheme | Andhra Pragathi Grameena Bank Agricultural Jewel Loan Scheme |
Interest Rate | Starting from 7% (depends on the sum of the loan |
Least amount of Loan | Depends on the value of the 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 Andhra Pragathi Grameena Bank Agricultural Jewel Loan Scheme
- No processing fee is required for up to ₹ 25,000.
- 0.30% of the total loan amount, ₹ 300 down payment applies to amounts ranging from ₹ 25,000.
- 0.28% of total debt, subject to at least Rs.1500 applies to more than Rs.5 lakh yet less than Rs.1 crore.
Andhra Pragathi Grameena Bank Gold Loan Overdraft Scheme
Andhra Pragathi Grameena Bank offers an Overdraft Scheme. With this, the loan amount is provided as an overdraft facility. It functions as a Credit Card, where you can spend your Gold Loan Amount as per your wishes, anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Andhra Pragathi Grameena Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.
FAQs About Andhra Pragathi Grameena Bank Gold Loan
✅ What is Andhra Pragathi Grameena Bank Gold Loan?
Andhra Pragathi Grameena Bank will provide you up to ₹20 Lakhs Bank will accept gold in all forms with purity 18 karat to 22 karats at competitive interest rates and tenure of maximum 24 months. This loan can be used for solving any monetary issues faced by the borrower.
✅ How can I get Gold Loan from Andhra Pragathi Grameena Bank?
You can avail Gold Loan from the Andhra Pragathi Grameena Bank is a hassle-free and straightforward process:
- Fill in your vital information in the form available on Dialabank.
- Our trained Relationship Manager will get in touch with you within 30 minutes.
- We will suggest you the loan according to your personal requirements, in your specific city.
- Visit the assigned branch of the bank.
- Get the loan sanctioned in just 30 minutes.
✅ How does Andhra Pragathi Grameena Bank Gold Loan work?
The Andhra Pragathi Grameena Bank Gold Loan is a secure credit availing service available for those who have urgent cash requirements and can pledge gold ornaments as collateral security. Once the gold pledged with the bank is valued, the bank processes the loan amount in your indicated account immediately. Various repayment options are available for repaying the loan.
✅ What is the Gold Loan interest rate in Andhra Pragathi Grameena Bank?
The rate of interest depends on the total amount of the loan and the purpose of the loan. Andhra Pragathi Grameena Bank Gold Loan rate of interest begins from 7% per annum.
✅ What is the maximum loan amount I can avail on Gold Loan from Andhra Pragathi Grameena Bank?
You can get a maximum amount of Rs 1 crore on an Andhra Pragathi Grameena Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.
✅ What is the loan tenure of Andhra Pragathi Grameena Bank Gold Loan?
The maximum tenure of your Andhra Pragathi Grameena Bank Gold Loan is up to 36 months. However, you’ll be required to renew your loan plan after a year.
✅ How much Processing Fee is applicable on Andhra Pragathi Grameena Bank Gold Loan?
A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged.
✅ How to pay Andhra Pragathi Grameena Bank Gold Loan Interest online?
The bank provides various methods to pay the loan amount such as a Standing Instruction or an ECS. For mo contact the customer care executive of the bank or visit the branch directly.
✅ What if I can’t pay the interest on Andhra Pragathi Grameena Bank Gold Loan for 3 months?
If someone defaults on the payments of Andhra Pragathi Grameena Bank Gold Loan interest for 3 months, a penalty fee is charged on the total amount due and in case of repeated defaults, the bank will have the authority to auction your gold ornaments to recover the amount publicly.
✅ How can I apply for EMI Moratorium on Andhra Pragathi Grameena Bank Gold Loan?
You can apply for the Andhra Pragathi Grameena Bank Gold Loan moratorium online by logging in with your credentials or by personally visiting the main branch. The moratorium request has to be submitted at least five working days before the due date of your EMI.
✅What is the Overdraft Scheme for Andhra Pragathi Grameena Bank Gold Loan?
Andhra Pragathi Grameena Bank does provide an Overdraft Scheme and the overall loan amount will have a Credit/Loan Limit. In the Andhra Pragathi Grameena Bank Gold Loan Overdraft facility, the bank charges interest only on the amount that you will withdraw/utilize.
✅What is the Andhra Pragathi Grameena Bank Gold Loan closure procedure?
Once the loan is paid, the bank will close your gold loan immediately.
✅What is the Andhra Pragathi Grameena Bank customer care number?
The customer care number for Andhra Pragathi Grameena Bank is 9878981144.
✅ What is Andhra Pragathi Grameena Bank Gold Loan Preclosure charges?
The preclosure charges are decided from time to time by the bank.
✅ What is the maximum gold loan tenure?
The maximum gold loan tenure for Andhra Pragathi Grameena Bank is up to 36 months
✅ What is the minimum gold loan tenure?
The maximum gold loan tenure for Andhra Pragathi Grameena Bank 12 months
✅ What are the foreclosure charges of the Andhra Pragathi Grameena Bank Gold Loan?
Andhra Pragathi Grameena Bank charges an interested borrower up to .50% on the principal amount in case of a Gold Loan Foreclosure.
Major Gold Loan Providers
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Table of Contents
- 1 Andhra Pragathi Grameena Bank Key Features – Apply Now
- 2 Advantages of Andhra Pragathi Grameena Bank Gold Loan
- 3 How Much Loan Can I Get Through Andhra Pragathi Grameena Bank?
- 4 About Andhra Pragathi Grameena Bank Gold Loan
- 5 Andhra Pragathi Grameena Bank Gold Loan Eligibility
- 6 Andhra Pragathi Grameena Bank Gold Loan Documentation
- 7 Andhra Pragathi Grameena Bank Gold Loan Interest Rates, Fees and Charges
- 8 Types of Andhra Pragathi Grameena Bank Gold Loan
- 9 Andhra Pragathi Grameena Bank Gold Loan Apply Online
- 10 Andhra Pragathi Grameena Bank Gold Loan EMI Calculator
- 11 How to Pay Your Andhra Pragathi Grameena Bank Gold Loan EMI?
- 12 Andhra Pragathi Grameena Bank Gold Loan Contact Number
- 13 Gold Ornaments Accepted by Andhra Pragathi Grameena Bank
- 14 Uses of Andhra Pragathi Grameena Bank Gold Loan
- 15 Andhra Pragathi Grameena Bank Agricultural Jewel Loan Scheme
- 16 Benefits of Andhra Pragathi Grameena Bank Agricultural Jewel Loan Scheme
- 17 Andhra Pragathi Grameena Bank Gold Loan Overdraft Scheme
- 18 FAQs About Andhra Pragathi Grameena Bank Gold Loan
- 18.1 ✅ What is Andhra Pragathi Grameena Bank Gold Loan?
- 18.2 ✅ How can I get Gold Loan from Andhra Pragathi Grameena Bank?
- 18.3 ✅ How does Andhra Pragathi Grameena Bank Gold Loan work?
- 18.4 ✅ What is the Gold Loan interest rate in Andhra Pragathi Grameena Bank?
- 18.5 ✅ What is the maximum loan amount I can avail on Gold Loan from Andhra Pragathi Grameena Bank?
- 18.6 ✅ What is the loan tenure of Andhra Pragathi Grameena Bank Gold Loan?
- 18.7 ✅ How much Processing Fee is applicable on Andhra Pragathi Grameena Bank Gold Loan?
- 18.8 ✅ How to pay Andhra Pragathi Grameena Bank Gold Loan Interest online?
- 18.9 ✅ What if I can’t pay the interest on Andhra Pragathi Grameena Bank Gold Loan for 3 months?
- 18.10 ✅ How can I apply for EMI Moratorium on Andhra Pragathi Grameena Bank Gold Loan?
- 18.11 ✅What is the Overdraft Scheme for Andhra Pragathi Grameena Bank Gold Loan?
- 18.12 ✅What is the Andhra Pragathi Grameena Bank Gold Loan closure procedure?
- 18.13 ✅What is the Andhra Pragathi Grameena Bank customer care number?
- 18.14 ✅ What is Andhra Pragathi Grameena Bank Gold Loan Preclosure charges?
- 18.15 ✅ What is the maximum gold loan tenure?
- 18.16 ✅ What is the minimum gold loan tenure?
- 18.17 ✅ What are the foreclosure charges of the Andhra Pragathi Grameena Bank Gold Loan?
- 19 Major Gold Loan Providers