⍟  Lowest Interest Rate of 0.79% p.m.
⍟  Highest Rate Per Gram ₹ 4,680
⍟  No Melting of Your Gold
⍟  Get Loan in 1 Visit Only
⍟  100% Safety of Your Gold (kept in Bank Locker)

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Chaitanya Godavari Grameena Bank Gold Loan

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Chaitanya Godavari Grameena Bank Gold Loan Key Features – Apply Now

Chaitanya Godavari Grameena Bank Collateral Gold ornaments
Chaitanya Godavari Grameena Bank Gold Loan per gram depends on the purity of gold
Chaitanya Godavari Grameena Bank Age of Borrower 18 – 75 years
Chaitanya Godavari Grameena Bank Max Loan Amount Up to 20 lakh
Chaitanya Godavari Grameena Bank Max LTV Ratio 75% LTV
Chaitanya Godavari Grameena Bank purity of Eligible gold 18 carat- 22 carat gold
Chaitanya Godavari Grameena Bank Maximum Loan Tenure Up to 36 months

Chaitanya Godavari Grameena Gold Loan Bank Advantages 

Advantages of Chaitanya Godavari Grameena Bank Gold Loan via Dialabank

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. Foreclosure: Chaitanya Godavari Grameena Bank charges the borrower up to  2% of Principal Outstanding for a Gold Loan Foreclosure.

Chaitanya Godavari Grameena Bank Gold Loan Per Gram – Jan 2021

Updated - Gold Loan Per Gram Rate w.e.f Apr 17 2021

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 Chaitanya Godavari Grameena Bank Gold Loan

Chaitanya Godavari Grameena Bank Gold Loan

On 3rd March 2006, the Government of India, Ministry of Finance announced to merge of two regional rural banks Godavari Grameena bank and Chaitanya Grameena Bank by combining these two banks gave birth to a new Regional Rural Banks known as Chaitanya Godavari Grameena Bank.
It’s a head office at Guntur in state Andhra Pradesh. Furthermore, the company provides financial services to customers like Gold Loan, Wealth management services and also Agriculture Loans.

 Jewel 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. That further means, the applicant has to repay the amount of the loan within the period of the loan.

If one fails to do so, the ornaments are confiscated by the banks. Furthermore, this is one of the popular services as Interest Rate on gold loan are quite less in comparison to other services.

Chaitanya Godavari Grameena Bank Gold Loan Eligibility

Age 18-75 years
Requirements Gold ornaments (18-22 carats)
CIBIL score Above 500
Nationality Indian

Chaitanya Godavari 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

Chaitanya Godavari Grameena Bank Gold Loan Interest Rates, Fees and Charges

Gold Loan Rate 10.70%
Processing Fee 0.85% of the loan amount + GST
Loan to Gold value Up to 75%
Pre-payment Charges 0- 2%

Types of Chaitanya Godavari 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 agrarian purpose. The rate of interest is slightly higher.

Chaitanya Godavari 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.

Chaitanya Godavari 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 Chaitanya Godavari Grameena Bank Gold Loan EMI?

Your Chaitanya Godavari Grameena Bank per gram gold loan can be repaid in the following ways:

  1. Standing Instruction (SI): If you are a current record holder with the Chaitanya Godavari Grameena Bank, Standing Instruction is the best method of repayment.
  2. 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.

Chaitanya Godavari Grameena Bank Gold Loan Contact Number

For any assistance in case of a gold loan from Chaitanya Godavari Grameena Bank required you may contact on the number 9878981144.

Gold Ornaments Accepted by Chaitanya Godavari Grameena Bank

Gold jewellery in any form like Gold Bangles, rings, anklets, and Gold necklaces, are accepted for availing a Gold Loan provided they are between 18-24 carats.

Uses of Chaitanya Godavari Grameena Bank Gold Loan

The loan amount acquired by availing the Chaitanya Godavari 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 financial business requirements, such as buying raw material, inventory, etc.

Chaitanya Godavari Grameena Bank Agricultural Jewel Loan Scheme

Scheme Chaitanya Godavari 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  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 Chaitanya Godavari Grameena Bank Agricultural Jewel Loan Scheme

  • There is no processing fee is applicable up to ₹ 25,000
  • 0.30% of the loan amount, Minimum of ₹ 300 charge is applicable to the amount ranging from above ₹  25,000 – less than ₹ 5 lakh
  • 0.28% of the credit sum, subject to at least Rs.1,500 is applicable to the amount more than Rs.5 lakh however under Rs.1 crore

Chaitanya Godavari Grameena Bank Gold Loan Overdraft Scheme

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Chaitanya Godavari Grameena Bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft. You do not need to visit the Chaitanya Godavari Grameena Bank branches and go through a boring process. Just log in to the Chaitanya Godavari Grameena Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.

FAQs About Chaitanya Godavari Grameena Bank Gold Loan

What is Chaitanya Godavari Grameena Bank Gold Loan?

Chaitanya Godavari Grameena Bank Gold Loan is a secured loan that can be availed by using your gold as a security with the bank. The Chaitanya Godavari Grameena Bank Gold Loan is an instant solution for all your urgent monetary needs. The rate of interest starts at 10.70% per annum with a maximum loan tenure of 12 months.

How can I get Gold Loan from Chaitanya Godavari Grameena Bank?

You can avail Gold Loan from the Chaitanya Godavari 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 requirements, in your specific city.
  • Visit the assigned branch of the bank.
  • Get the loan sanctioned in just 30 minutes.

How much Gold Loan can I get per gram in Chaitanya Godavari Grameena Bank?

The loan rate per gram of gold by Chaitanya Godavari Grameena Bank varies daily, and you will have to contact the customer care executive for the same. The bank gives a Loan to Value of 75%.

How does Chaitanya Godavari Grameena Bank Gold Loan work?

The Chaitanya Godavari 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 Chaitanya Godavari Grameena Bank?

The rate of interest depends on the total amount of the loan and the purpose of the loan. Chaitanya Godavari Grameena Bank rate of interest begins from 10.70% per annum.

How to check Chaitanya Godavari Grameena Bank Gold Loan status?

Before applying for the closure of your Gold Loan, you need to make sure that you have zero pending dues. They will check for overdue amount and charges if pending, and once the formalities are done, you will be handed over with your pledged gold.

What is the maximum loan amount I can avail on Gold Loan from Chaitanya Godavari Grameena Bank?

You can get a maximum amount of Rs 1 crore on a Chaitanya Godavari Grameena Bank Gold Loan as the bank offers around 75% of the gold ornaments’ market value.

What is the loan tenure of Chaitanya Godavari Grameena Bank Gold Loan?

The maximum tenure of your Chaitanya Godavari 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 Chaitanya Godavari Grameena Bank Gold Loan?

A processing fee of up to 1% of the loan amount or ₹1000 whichever is higher is charged.

What if I can’t pay the interest on Chaitanya Godavari Grameena Bank Gold Loan for 3 months?

If someone defaults on the payments of Chaitanya Godavari 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.

✅ What is the Chaitanya Godavari Grameena Bank Gold Loan customer care number?

For contacting the Chaitanya Godavari Grameena Bank Gold loan customer care just dial 9878981144.

✅ What is the Chaitanya Godavari Grameena Bank Gold Loan closure procedure?

  • Just go to the bank with the documents.
  • Write a letter for pre-closure of the Chaitanya Godavari Grameena Bank Gold loan account.
  • Pay the pre-closure charges as per Chaitanya Godavari Grameena Bank Gold Loan.

✅ What is the Chaitanya Godavari Grameena Bank Gold Loan preclosure charge?

2% of Principal Outstanding for a Gold Loan Foreclosure before 3 months, after that nil.

✅ What is the Chaitanya Godavari Grameena Bank Gold Loan overdraft scheme?

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Chaitanya Godavari Grameena Bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft. You do not need to visit the Chaitanya Godavari Grameena Bank branches and go through a boring process. Just log in to the Chaitanya Godavari Grameena Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.

✅ What is the Chaitanya Godavari Grameena Bank Gold Loan maximum tenure?

The maximum tenure of the Chaitanya Godavari Grameena Bank Gold loan is 36 months.

✅ What is the Chaitanya Godavari Grameena Bank Gold Loan minimum tenure?

The minimum tenure of the Chaitanya Godavari Grameena Bank Gold Loan is 3 months.

✅ What are the foreclosure charges in Chaitanya Godavari Grameena Bank Gold Loan?

The bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure

Major Bank Gold Loan Provider

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