Chaitanya Godavari Grameena Bank Gold Loan

On 3rd March 2006, the Government of India, Ministry of Finance announced to the merger 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.

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 At Home

With the changing needs of the times, Chaitanya Godavari Grameena Bank has come across a simple yet valuable solution that will make everything easy for you. Just like your necessary commodities such as groceries, clothes and much more, everything is provided at your doorstep, in the same way, now, you can quickly get a gold loan at the comfort of your home.

If you are in urgent need of funds or too busy to visit a bank or prefer social distancing, Chaitanya Godavari Grameena Bank Gold Loan At home is a one-step solution. The process is straightforward. You need to give us a call to put in your request for a gold loan. Our executive from the nearest branch will visit your home at the earliest. Everything will be done at your home in your presence, from the evaluation of the loan documentation to the transfer of the loan amount. Furthermore, there are many benefits of Chaitanya Godavari Grameena Bank Gold Loan at Home:

• Fast loan approval
• Lower interest rates
• Maximum value of gold
• Flexible repay tenures
• Easy payment options
• No additional charges
• 24*7 customer support
• Full security of the gold
• No hidden fees
• Service at your doorstep within 30 minutes

 

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	7.25% per annum
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 is provided to farmers for agricultural purposes at a special rate of interest.
• Non- agricultural purpose loans against gold are provided to individuals for all kinds of purposes except agrarian purposes. 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 7.25% per annum (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 a 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 7.25% per annum  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 amounts 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