Bangiya Gramin Vikash Bank Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621
|Gold Loan Per Gram Today||Gold Loan Rate Per Gram Today is ₹ 3,506 to ₹ 4,621|
|Eligible Age||18 to 75 years|
|Loan Amount Eligibility||Rs. 1,000 to Rs. 2 Cr|
|Documents Required||Basic KYC documents for address and identity proof. No income documents and no CIBIL score documents are required.|
|Purity of Gold||18 carat to 22 carat|
|Type of Gold||Gold jewellery and gold coins of 18-24 carats|
|Margin in Gold Loan for the Bank||25% of the gold ornament’s market value|
Bangiya Gramin Vikash Bank Savings accounts, permanent deposits, recurring deposits, loans, personal loans, Net banking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Yojana, Pradhan Mantri Suraksha Yojana, Pradhan Mantri Suraksha Yojana, Pradhan Mantri Suraksha Yojana, Pradhan Mantri Suraksha Yo Pradhan Mantri Jeevan Jyoti Yojana, Bima Yojana, among others.
the very first rule of a loan is that you have to repay back. gold loan is a secured loan that is preferred to be used in an emergency. As the loan doesn’t risk to the bankers but it probably does to you.
Bangiya Gramin Vikash Bank Gold Loan Calculator:
Dialabanks Bangiya Gramin Vikash Bank Gold Loan Per Gram tends to provide you with a gold loan based on certain pointers, so here are some pointers on the gold loan calculator:
Bangiya Gramin Vikash Bank Gold Loan Rate Per Gram by Gold Purity:
The following table gives an approximate estimate of Bangiya Gramin Vikash Bank Gold Loan Per Gram offers against gold jewellery of different purity levels at a maximum LTV of 75% and a lower LTV of 65%.
|Gold Purity||Gold Rate Per Gram- Average Of Past 30 Days||Highest Gold Loan Per Gram||Lowest Gold Loan Per Gram|
|22 carat||₹ 4,620||₹ 4,999||₹ 4,956|
|20 carat||₹ 3,939||₹ 4,178||₹ 3,795|
|18 carat||₹ 3,545||₹ 3,784||₹ 3,460|
The above table shows the method by which Banks will calculate your per gram gold loan for gold of varying purity.
Bangiya Gramin Vikash Bank Gold Loan Rates Per Gram:
A gold loan has long been thought of as a short-term loan that must be paid back on time. Based on the current market value of gold, the Bangiya Gramin bank offers a gold loan at a rate of 5621 per gram. Gold Loan Per Gram Rate at Home Credit Bank Today’s price for 22-carat adornments is 5121, with a maximum LTV of 90%.
Updated - Gold Loan Per Gram Rate w.e.f Sep 25 2021
|Gold Weight||Gold Purity
Historical Gold Loan Rates Per Gram:
we might see the fluctuation in the gold rates, so the further table is going to clear out you with gold rates, allowing you to invest according to it.
|This Table Contains the Average Annual Gold Rate from 1964 - 2021|
|Year||Price (24 karat per 10 grams)||Year||Price (24 karat per 10 grams)|
|1964||₹ 63.25||1993||₹ 4,140.00|
|1965||₹ 71.75||1994||₹ 4,598.00|
|1966||₹ 83.75||1995||₹ 4,680.00|
|1967||₹ 102.50||1996||₹ 5,160.00|
|1968||₹ 162.00||1997||₹ 4,725.00|
|1969||₹ 176.00||1998||₹ 4,045.00|
|1970||₹ 184.00||1999||₹ 4,234.00|
|1971||₹ 193.00||2000||₹ 4,400.00|
|1972||₹ 202.00||2001||₹ 4,300.00|
|1973||₹ 278.50||2002||₹ 4,990.00|
|1974||₹ 506.00||2003||₹ 5,600.00|
|1975||₹ 540.00||2004||₹ 5,850.00|
|1976||₹ 432.00||2005||₹ 7,000.00|
|1977||₹ 486.00||2006||₹ 8,400.00|
|1978||₹ 685.00||2007||₹ 10,800.00|
|1979||₹ 937.00||2008||₹ 12,500.00|
|1980||₹ 1,330.00||2009||₹ 14,500.00|
|1981||₹ 1,800.00||2010||₹ 18,500.00|
|1982||₹ 1,645.00||2011||₹ 26,400.00|
|1983||₹ 1,800.00||2012||₹ 31,050.00|
|1984||₹ 1,970.00||2013||₹ 29,600.00|
|1985||₹ 2,130.00||2014||₹ 28,006.50|
|1986||₹ 2,140.00||2015||₹ 26,343.50|
|1987||₹ 2,570.00||2016||₹ 28,623.50|
|1988||₹ 3,130.00||2017||₹ 29,667.50|
|1989||₹ 3,140.00||2018||₹ 31,438.00|
|1990||₹ 3,200.00||2019||₹ 35,220.00|
|1991||₹ 3,466.00||2020||₹ 48,651.00|
|1992||₹ 4,334.00||2021||₹ 50,045.00|
|Interest Rate||9.90% onwards||7% onwards||12% onwards|
|Min Loan Amt||Metro : 25000, Non : 15000||25000||15000|
|Max Loan Amt||1 Cr||1 Cr||1 Cr|
|Loan Tenure||3 months to 24 months||9 months to 24 months||
1 month to 24 months
|Processing Fee||0.25% to 1.50% of the Loan Amt||0.25% to 1.50%||Nil|
|Pre-closure Charges||2%, Nil foreclosure charges after 3 months||2%, Nil foreclosure charges after 9 months||Nil|
|Pay Only Interest Facility||Yes||Yes||Yes|
|Gold Rate Per Gram||3066||3073||3073|
Tips to Get The Highest Gold Loan Amount from Bangiya Gramin Vikash Bank:
Bangiya Gramin Vikash Bank Gold Loan Per Gram FAQs
✅ What is Bangiya Gramin Vikash Bank Gold Loan scheme?
Bangiya Gramin Vikash Bank gold loan is a scheme that provides a loan against your gold. Any person in need of quick lump sum money can avail of this facility that is offered by Bangiya Gramin Vikash Bank and other leading banks and non-banking financial companies. The current rate for Bangiya Gramin Vikash Bank Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621.
✅ How much Gold Loan can I get per gram in Bangiya Gramin Vikash Bank?
Bangiya Gramin Vikash Bank Gold Loan Per Gram Depends upon the weight and purity of your gold. Bangiya Gramin Vikash Bank Gold Loan Per Gram ₹ 3,506 to ₹ 4,621.
✅ How is Bangiya Gramin Vikash Bank Gold Loan Per Gram calculated?
The Bangiya Gramin Vikash Bank Gold Loan Per Gram amount depends upon the purity of one’s gold and the current market Gold Rate. Bangiya Gramin Vikash Bank Gold Loan Per Gram interest rate is then calculated based on several factors: loan amount, loan tenure, relationship with the lender, and loan to value ratio.
Table of Contents
- 1 Bangiya Gramin Vikash Bank Gold Loan Per Gram is ₹ 3,506 to ₹ 4,621
- 2 Bangiya Gramin Vikash Bank Gold Loan Calculator:
- 3 Bangiya Gramin Vikash Bank Gold Loan Rate Per Gram by Gold Purity:
- 4 Bangiya Gramin Vikash Bank Gold Loan Rates Per Gram:
- 5 Historical Gold Loan Rates Per Gram:
- 6 Gold Loan Per Gram Rate Comparison for Major Banks:
- 7 Tips to Get The Highest Gold Loan Amount from Bangiya Gramin Vikash Bank:
- 8 Bangiya Gramin Vikash Bank Gold Loan Per Gram FAQs