Andhra Pragathi Grameena Bank Gold Loan

✅ What is the maximum loan amount I can avail myself 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.

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