Chhattisgarh Rajya Gramin Bank Gold Loan

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    Chhattisgarh Rajya Gramin Bank Gold Loan

    Chhattisgarh Rajya Gramin Bank Gold Loan Key Features – Apply Now

    Chattisgarh Rajya Gramin Bank Gold Loan Collateral Gold ornaments
    Chattisgarh Rajya Gramin Bank Gold Loan per gram ₹ 2,900 to ₹ 3,450 depending on the purity of gold
    Chattisgarh Rajya Gramin Bank Gold Loan Age of Borrower 18 – 75 years
    Chattisgarh Rajya Gramin Bank Gold Loan Maximum Loan Amount Up to 20 lakh
    Chattisgarh Rajya Gramin Bank Gold Loan Maximum Loan to Gold Value Ratio Up to 75%
    Chattisgarh Rajya Gramin Bank Gold Loan purity of Eligible gold 18 carat to 22-carat gold
    Chattisgarh Rajya Gramin Bank Gold Loan Maximum Loan Tenure Up to 36 months

    Advantages of Chhattisgarh Rajya Gramin Bank Gold Loan

     

    • High Availability: First and foremost, a loan against gold is a secured service; therefore, the processing of this loan is quick as the Bank is mostly concerned with the quality and weight of the gold.
    • Low Rate of Interest: In contrast to services like personal loans, the Chhattisgarh Rajya Gramin Bank Gold Loan has the least interest rate as banks keep security against the loan.
    • Negligible foreclosure charges: Generally, banks do not have any pre-payment charges, but some banks can charge a penalty of just 1%.
    • Safety of Ornaments: The ornaments are more secure with the banks due to the strict security In the banking institutions, which is quite less at homes.
    • No qualification of Credit Score: As this is a secured loan, therefore, the applicant does not have to worry about poor loan repayment history.
    • Income-proof not required: The salary of an applicant is not an issue for availing of a gold loan as it depends majorly on the weight and quality of gold available with the applicant.
    • Flexible tenure: In addition to other advantages,  the applicant can choose the tenure of Chhattisgarh Rajya Gramin Bank Gold Loanaccording to their requirements and needs.
    • Only payment of interest: Lastly, the applicant has the option to pay the principal amount at the end of the tenure and only the interest every month.
    • Foreclosure: Bank charges a borrower up to .50% on the principal outstanding in case of a Gold Loan Foreclosure.

    How many loans Can I Get Through Chhattisgarh Rajya Gramin Bank?

    Chhattisgarh Rajya Gramin Bank Gold Loan Rates/ Gram – Updated January 2021
    Weight Loan on 18Cr gold Loan on 20Cr gold Loan on 22Cr gold Loan on 24Cr Gold
    1 gm 2450 2732 3015 3297
    10 gms 24500 27320 30150 32970
    20 gms 49000 54640 60300 65940
    30 gms 73500 81960 90450 98910
    50 gms 122500 136600 150750 164850
    100 gms 245000 273200 301500 329700
    200 gms 490000 546400 603000 659400
    300 gms 735000 819600 904500 989100
    500 gms 1225000 1366000 1507500 1648500

    About Chhattisgarh Rajya Gramin Bank Gold Loan

    Chhattisgarh Rajya Gramin Bank is a Chhattisgarh Rajya Gramin Bank Gold Loanscheduled bank sponsored by the state bank of India is headquartered in the city of Raipur. This bank provides a lot of financial services to people living in rural areas. One of the services they provide is Gold Loan. It is a secured service that can be very useful for people in need of money.

    Chhattisgarh Rajya Gramin Bank Gold Loan Eligibility

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

    Chhattisgarh Rajya Gramin Bank Gold Loan at Home 

    Gold Loan at Home is a  doorstep loan service that allows you to borrow money without leaving your home. The service is quick, flexible, and cost-effective, with low-interest rates. Before submitting a loan request, you may use the gold loan calculator to determine the worth of your gold or the loan amount. Getting a Gold Loan at home is a simple and quick process that takes only a few minutes.

    One of our employees will contact you and visit your home within 30 minutes. The necessary gold loan amount will be delivered immediately to your bank account after all e-documentation and gold identification are completed at your home.

    The benefits of getting a gold loan at your doorsteps are:

    • Access To Your Loan Account 24 X 7
    • Diverse Range of Gold Loan Schemes
    • You can get free insurance for your Gold
    • There are no hidden fees.
    • You will get the maximum value of your Gold
    • You can avail your Gold Loan in just 1 visit
    • Service at Your Door in 30 Minutes
    • Pre & Part Payment Facility
    • Your Gold will just be released the same day.

    Chhattisgarh Rajya Gramin Bank Gold Loan Documentation

    Identity Proof Aadhar Card/Pan Card/ Passport/ Voter ID (Anyone)
    Residence Proof  Aadhar Card /Pan Card/ Ration Card/ Utility Bills on the name of the applicant/ Rental Agreement of applicant/ Voter ID card (Anyone)
    Agriculture Proof ( if applicable) Agriculture Land Ownership Proof
    Photographs 2 Passport sized coloured

     

    GOLD LOAN @ 0.49%*

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    Chhattisgarh Rajya Gramin 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 Chhattisgarh Rajya Gramin 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.

    Chhattisgarh Rajya Gramin Bank Gold Loan Apply Online

    • Visit Dialabank
    • Fill the Gold Loan form
    • Wait for our relationship manager to contact you with the best offers.

    Chhattisgarh Rajya Gramin 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

     

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    How to Pay Your Chhattisgarh Rajya Gramin Bank Gold Loan EMI?

    Your Chhattisgarh Rajya Gramin Bank gold loan can be repaid in the following ways:

    1. Standing Instruction (SI): If you are a current record holder with the Chhattisgarh Rajya Gramin 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.

    Chhattisgarh Rajya Gramin Bank Gold Loan Contact Number

    For any assistance in case of a gold loan from Chhattisgarh, Rajya Gramin Bank required you may contact on the number 9878981144.

    Gold Ornaments Accepted by Chhattisgarh Rajya Gramin 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 Chhattisgarh Rajya Gramin Bank Gold Loan

    The loan amount acquired by availing the Chhattisgarh Rajya Gramin 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 business financial requirements, such as buying raw material, inventory, etc.

    Chattisgarh Rajya Gramin Bank Agricultural Jewel Loan Scheme

    Scheme Chattisgarh Rajya Gramin 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 the 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 Chattisgarh Rajya Gramin Bank Agricultural Jewel Loan Scheme

    • Chattisgarh Rajya Gramin Bank charges a processing fee of up to ₹ 500
    • Minimum of ₹ 300 charge, that is 0.30% of the loan amount, applies to the amount ranging from above ₹  20,000 – less than ₹ 20 lakh
    • 0.28% of the credit sum, subject to at least Rs.1,500 applies to the amount more than Rs.5 lakh however under Rs.1 crore.

    Chattisgarh Rajya Gramin Bank Gold Loan Overdraft Scheme

    Chattisgarh Rajya Gramin Bank offers an Overdraft Scheme. With this, the loan amount is provided as an overdraft facility. It functions as a Credit Card, where you can spend your Gold Loan Amount as per your wishes, anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Chattisgarh Rajya Gramin Bank Gold Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

    FAQs About Chhattisgarh Rajya Gramin Bank Gold Loan

    What is Chhattisgarh Rajya Gramin Bank Gold Loan?

    Chhattisgarh Rajya Gramin Bank will provide you up to ₹20 Lakhs Bank will accept gold in all forms with purity 18 karat to 22 karats at competitive interest rates and tenure of a maximum of 24 months. This loan can be used for solving any monetary issues faced by the borrower.

    How can I get Gold Loan from Chhattisgarh Rajya Gramin Bank?

    You can avail Gold Loan from the Chhattisgarh Rajya Gramin 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 only 30 minutes.

    How much Gold Loan can I get per gram in Chhattisgarh Rajya Gramin Bank?

    The Gold Loan Per Gram rate by Chhattisgarh Rajya Gramin 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 Chhattisgarh Rajya Gramin Bank Gold Loan work?

    The Chhattisgarh Rajya Gramin 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 Chhattisgarh Rajya Gramin Bank?

    The rate of interest depends on the total amount of the loan and the purpose of the loan. Chhattisgarh Rajya Gramin Bank rate of interest begins from 10.70% per annum.

     How to calculate Gold Loan Interest in Chhattisgarh Rajya Gramin Bank?

    You can easily calculate the gold loan interest rate in Chhattisgarh Rajya Gramin Bank by subtracting the principal amount from the total sum to be paid.

    What is the loan tenure of the Chhattisgarh Rajya Gramin Bank Gold Loan?

    The maximum tenure of your Chhattisgarh Rajya Gramin 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 Chhattisgarh Rajya Gramin Bank Gold Loan?

    A processing fee of up to 0.85% of the loan amount is charged.

    What if I can’t pay the interest on Chhattisgarh Rajya Gramin Bank Gold Loan for 3 months?

    If someone defaults on the payments of Chhattisgarh Rajya Gramin 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 Overdraft Scheme for Chattisgarh Rajya Gramin Bank Gold Loan?

    Chattisgarh Rajya Gramin Bank does provide an Overdraft Scheme and the overall loan amount will have a Credit/Loan Limit. In the Chattisgarh Rajya Gramin Bank Gold Loan Overdraft facility, the bank charges interest only on the amount that you will withdraw/utilize.

    What is the Chattisgarh Rajya Gramin Bank Gold Loan closure procedure?

    Once the loan is paid, the bank will close your gold loan immediately.

    What is the Chhattisgarh Rajya Gramin Bank customer care number?

    The customer care number for Chhattisgarh Rajya Gramin Bank is 9878981144.

    ✅ What are Chhattisgarh Rajya Gramin Bank Gold Loan Preclosure charges?

    The banks decide the preclosure charges from time to time.

     What is the maximum gold loan tenure?

    The Chhattisgarh Rajya Gramin Bank offers a maximum gold loan tenure of up to 36 months

    ✅ What is the minimum gold loan tenure?

    The Chhattisgarh Rajya Gramin Bank offers a minimum gold loan tenure of 12 months

    What are the foreclosure charges of the Chhattisgarh Rajya Gramin Bank Gold Loan?

    Chhattisgarh Rajya Gramin Bank charges an interested borrower up to .50% on the principal amount in case of a Gold Loan Foreclosure.

    Other Major Gold Loan Providers

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