Arunachal Pradesh Rural Bank Gold Loan

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

About Arunachal Pradesh Rural Bank Gold Loan

Arunachal Pradesh Rural Bank is known as scheduled Bank. It was founded on 30th November 1983 and was sponsored by SBI in collaboration with Government of India and Government of Arunachal Pradesh. The Head Office of the Bank is situated at Shiv Mandir Road in district Papum Pare of the Arunachal Pradesh State.
Gold Loan is a type of financial service in which the applicant has to put the gold ornament in the bank in return of loan amount. In this, the gold is considered as collateral by the bank.

Arunachal Pradesh Rural Bank Gold Loan Interest Rate

Gold Loan are fully secured loans, thus, the rates are less in comparison to Personal Loan and other kinds of loan.

  • Gold Loan Interest rate – 10.70 %
  • Processing fee –  0.85%
  • Pre-closer charges – 0-2 %.

Why Choose Arunachal Pradesh Rural Bank Gold Loan?

Arunachal Pradesh Rural Bank Gold Loan

  • The bank is very dedicated to its customers
  • High Loan amount
  • Quick processing
  • Bad credit history/ CIBIL score, not an issue
  • Instant Processing and Disbursal.
  • Low Rates of Interest
  • Minimum documentation required.
  • Flexible repayment options

Arunachal Pradesh Rural Bank Gold Loan Advantages

  • Less Documentation Process – Firstly, Documentation requirements for availing a Gold Loan from Chaitanya Godavari Grameena Bank are quite less. The applicants are not asked to provide lengthy proofs to avail the financial service.
  • Easy to get – Another feature is, Availability of Chaitanya Godavari Grameena Bank Gold Loan service is excellent. That is, people can easily avail a gold loan at nearby branches. It is not tough to find a nearby branch.
  • 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. If anybody has a bad repayment history, they can improve the same by taking a Gold Loan.
  • Processing Fees – Furthermore, Chaitanya Godavari Grameena Bank does not charge any processing cost for a loan application. Most of the banks charge a fee, but in the case of this company, there are no charges of availing a Gold Loan.
  • Tenure – Also, Chaitanya Godavari Grameena Bank Bank provides a flexible period of the loan. It starts at one year and can go up to 1 year.
  • Safety – Moreover, the protection of ornaments is the responsibility of the bank. That is, the applicant does not have to worry about the ornaments they have deposited.
  • Simple Process – Last but not least, the system of this service is very transparent. That is, Chaitanya Godavari Grameena Bank does not hide anything from the customers.

Arunachal Pradesh Rural Bank Gold Loan Eligibility

  • The age of the customer should not be less than 18 years.
  • The applicant should be a citizen of India.
  • The applicant should have gold in an appropriate form.
  • The quality of the gold should be 18 Carat to 22 Carat.

Arunachal Pradesh Rural Bank Gold Loan Documentation

  • Identity Proof – Aadhar Card / Voter ID / PAN Card / Driving License / Passport.
  • Proof of Residence – Aadhar Card / Voter ID / PAN Card / Driving License / Passport / Ration Card / Electricity or Water bills of last three months with the name of the applicant.
  • Two colored photographs.
  • Land Proof – In the case of Agricultural Gold Loan of more than ₹1 lac.

Arunachal Pradesh Rural Bank Gold Loan Process

  • The bank checks the purity of the gold.
  • The bank verifies the market rate for gold and the rate of the previous day is take into consideration
  • The LTV (Loan to Value) set by the RBI is 75%.
  • If you have acknowledged the Gold loan amount and terms, the lender processes the application. The processing fees & other charges are deducted from your Gold loan amount.
  • After signing the agreement, the loan amount is disbursed to your account.

How to Apply for Arunachal Pradesh Rural Bank Gold Loan?

FAQs About Arunachal Pradesh Rural Bank Gold Loan

Q. How much Gold Loan can I get per gram in Arunachal Pradesh Rural Bank?

The per gram Gold Loan rates in Arunachal Pradesh Rural Bank varies depending on the purity of your Gold. Maximum funding of 70% of your Gold’s market price can be availed.

Q. What is Arunachal Pradesh Rural Bank Gold Loan?

Arunachal Pradesh Rural Bank gives the facility of loan against gold to fulfil the monetary requirements of the borrower at a competitive rate of interests for a tenure of your choosing. The bank provides convenient methods for repayment of the loan as well.

Q. What is the Gold Loan interest rate in Arunachal Pradesh Rural Bank?

Rate of Interest charged by the bank on Gold Loan depends up on the amount of the loan that is to be borrowed. The rate of interest starts at 10.70% per annum. The bank also charges low processing fees and no documentation charges.

Q. How to pay Arunachal Pradesh Rural Bank Gold Loan online?

You can repay the Gold Loan using various services and methods provided by the bank. For more information on this, you need to visit the nearest bank branch.

Q. How to apply Gold Loan in Arunachal Pradesh Rural Bank?

Applying for the loan from Arunachal Pradesh Rural Bank is a hassle-free and easy process. You just need to visit the branch of the bank and fill a form or you can apply for it online through Dialabank’s digital platform to avail the best offers on Gold Loan.

Q. How to renew Arunachal Pradesh Rural Bank Gold Loan online?

Renewal can be done by visiting the bank and getting the gold revalued at new market prices. You need to carry all loan-related documents with you and you might be asked to fill a form for renewal as well.

Q. How to take Gold Loan from Arunachal Pradesh Rural Bank?

Taking Gold Loan from Arunachal Pradesh Rural Bank is a convenient and quick process. You just need to be eligible for the loan and apply for it by visiting the branch or apply online. The bank gives quick approval and disbursement after evaluation of gold if the documents are in order.

Q. What is Gold Loan in Arunachal Pradesh Rural Bank?

Arunachal Pradesh Rural Bank provides loan against gold as security for fulfilling the urgent requirement of funds of the borrowers. The bank gives loans at competitive interest rates and can be used for personal or business use. The bank gives easy repayment options and a renewal facility on the loan as well.

Q. How to get Arunachal Pradesh Rural Bank Gold Loan?

Just apply for the loan by visiting the nearest or through Dialabank.com. Go to the branch and get your gold evaluated. Accept the offer made by the banker and get quick disbursement of funds.

Q. How to check Arunachal Pradesh Rural Bank Gold Loan status?

If you wish to check the status you can do so by contacting the customer care executive or visit the bank branch.

Q. How to close Arunachal Pradesh Rural Bank Gold Loan?

Closure of the loan takes place once you have completed the payment for the amount that was due for your loan. The bank releases the gold after realising the value completely.

Q. How to renew Arunachal Pradesh Rural Bank Gold Loan?

The renewal process requires your presence in the bank branch. You need to get the gold revaluated and new terms are required to be agreed upon for completing the renewal process.

Q. What happens if someone defaults Arunachal Pradesh Rural Bank Gold Loan?

If someone defaults payment for the Gold Loan from Arunachal Pradesh Rural Bank the bank charges a penalty fee from the borrower and also auction the gold for the recovery of the amount if the amount is not paid.

Q. How many branches of Arunachal Pradesh Rural Bank Gold Loan?

The Bank provides banking facilities to all segment of the population with a branch network of 28 branches and is expanding the network continuously.

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