Dakshin Bihar Gramin Bank Gold Loan

Get Loan in 30 Mins

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

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 Dakshin Bihar Gramin Bank Gold Loan

Dakshin Bihar Gramin Bank Gold Loan

Dakshin Bihar Gramin Bank is a bank which was established by merging two rural banks in Bihar that is Madhya Bihar Gramin Bank sponsored by Punjab National Bank and Bihar Gramin bank sponsored by UCO Bank in 2018 under Regional Rural Bank Act. The head office of this bank in the city of Patna. There are a lot of financial services provided by this bank. One of them is Gold Loan.

Dakshin Bihar Gramin Bank Gold Loan Eligibility

Being eligible for a gold loan is easier in comparison to other loans:

  1. The age of the applicant should lie between 18 years to 70 years.
  2. The applicant should be a citizen of India.
  3. The quality of gold should be from 18 Carat to 22 Carat in order to get a loan.
  4. Another equally important criteria are the weight of gold which should be more than 10 grams.
  5. Anyone can apply for Dakshin Bihar Gramin Bank Gold Loan whether you are a salaried applicant or self-employed.

Documents Required for Dakshin Bihar Gramin Bank Gold Loan

The documents should be particularly from the following options

Applicant Identity Verification Documents can be amongst the below  documents (ANY):

  1. Passport: Valid Copy of passport both front and last page
  2. Voters ID card: Copy of Valid Voter Identity Card
  3. Driving License: Copy of Driving license which is valid.
  4. Adhar card: Copy of Adhar Card with current information

Applicant Address Verification Proof can be amongst the below documents(ANY):

  1. Passport: Valid Copy of passport both front and last page
  2. Voters ID card: Copy of Valid Voter Identity Card
  3. Driving License: Copy of Driving license which is valid.
  4. Adhar card: Copy of Adhar Card with current information
  5. Utility Bills on the name of the applicant.
  6. Sales Tax Certificate
  7. Rental Agreement

Dakshin Bihar Gramin Bank Gold Loan Advantages

  • Great Availability: First and foremost, Loan against gold is a secured service, therefore the processing of Dakshin Bihar Gramin Bank Gold 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 gold loan has the least interest rate as banks keep security against the loan.
  • Negligible foreclosure charges: Generally, banks do not have any prepayment charges but some banks can charge a penalty of just 1%.
  • Safety of Ornaments: Furthermore, 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 Dakshin Bihar Gramin Bank Gold Loan is a secured loan, therefore, the applicant does not have to worry about bad loan repayment history.
  • Income-proof not required: Moreover, The salary of an applicant is not an issue for availing a gold loan as it depends majorly on the weight and quality of gold available with the applicant.
  • No loan processing charges: Another advantage, the applicant does not have to pay extra for this service as the approval solely depends upon the asset kept as security.

Types of Repayment Scheme in Dakshin Bihar Gramin Bank Gold Loan

The applicant can repay the loan amount in three ways:

  • Term loan: In this, the applicant just has to pay the interest rate for the entire loan tenure. After the loan tenure, the loan seeker has to pay the principal amount.
  • Overdraft Facility: In this service, the applicant can use the amount of money they want to use. The interest rate is also charged for the used loan amount only.
  • EMI Facility: The applicant has to pay a fixed EMI every month which includes the interest rate and a portion of the principal amount.

Why Dialabank?

It is easy to Apply through us. You do not have to get out of your house in order to avail this service.

  • A lot of services are available through lending institutions thus people tend to get confused while choosing the best deal for themselves.
  • Our company provides the customer total assistance during the entire process of the loan and guide them The Best Loan Deals according to their needs.
  • The customer is guided without any partiality towards a certain product. Which further gives them a clear picture about the loan to be availed.
  • Easily Apply for a gold loan through www.dialabank.com  or Call on 9592046860.

FAQs About Dakshin Bihar Gramin Bank Gold Loan

Q. How much Gold Loan can I get per gram in Dakshin Bihar Gramin Bank?

Per gram rate of loan against gold in Dakshin Bihar Gramin Bank varies daily and depends upon the quality of the gold and rate of gold prevailing in the market.

Q. What is Dakshin Bihar Gramin Bank Gold Loan?

Dakshin Bihar Gramin Bank provides the facility of Gold Loan at a low rate of interest starting from 10.70% per annum. The loan can be used to fulfil the urgent requirement of funds of the borrower. The bank provides easy repayment options with a facility of renewal as well as an overdraft.

Q. What is the Gold Loan interest rate in Dakshin Bihar Gramin Bank?

The rate of interest charged by the bank depends on the total principal amount borrowed by the customer and the rate of gold prevailing in the market. The bank also charges some processing fee on the loan as well.

Q. How to pay Dakshin Bihar Gramin Bank Gold Loan online?

Payment of Gold Loan by Dakshin Bihar Gramin Bank can be done by making an ECS or a NACHe mandate on the account of the borrower for automated transfer of funds on the due date. Visit the nearest branch for more information.

Q. How to apply Gold Loan in Dakshin Bihar Gramin Bank?

You can apply for Gold Loan by visiting the nearest branch of Dakshin Bihar Gramin Bank or online through Dialabank’s digital platform to get the best deals and easy approvals.

Q. How to renew Dakshin Bihar Gramin Bank Gold Loan online?

Renewal procedure of Gold Loan requires your presence in the bank branch as the gold will be released and revalued at the latest market prices. Contact the customer executive for detailed information.

Q. How to take Gold Loan from Dakshin Bihar Gramin Bank?

Taking Gold Loan from Dakshin Bihar Gramin Bank is a simple and hassle-free process. You can apply by visiting the nearest branch or through Dialabank.com. The bank gives a good funding rate at low-interest rates and tenure of a maximum of 12 months.

Q. What is Gold Loan in Dakshin Bihar Gramin Bank?

Gold Loan from Dakshin Bihar Gramin Bank is a quick process. You get quick disbursal of the amount with minimal documents at a competitive rate of interest. You can use the amount for any use including agricultural purpose. You can also avail overdraft or renewal services on your Gold Loan from Dakshin Bihar Gramin Bank.

Q. How to get Dakshin Bihar Gramin Bank Gold Loan?

Getting Gold Loan from Dakshin Bihar Gramin Bank is a stress-free process as they provide loans with minimal documentation, no income proof and the complete security of your gold ornaments. You just need to visit the nearest branch and apply for the same.

Q. How to check Dakshin Bihar Gramin Bank Gold Loan status?

Checking the status of your loan is a simple process that can be done by visiting the nearest branch or contacting the customer care executive.

Q. How to close Dakshin Bihar Gramin Bank Gold Loan?

Closing of your Gold Loan is done once you have cleared all your dues with the bank and they have released your gold and given you a No Dues Certificate.

Q. How to renew Dakshin Bihar Gramin Bank Gold Loan?

If you desire to renew your Gold Loan from Dakshin Bihar Gramin Bank all you need to do is visit the branch with your documents and apply for a renewal. Some renewal fee may also be charged.

Q. What happens if someone defaults Dakshin Bihar Gramin Bank Gold Loan?

If you are unable to make the payment for the Gold Loan from Dakshin Bihar Gramin Bank, the bank charges a penalty fee from the borrower which will reflect in your credit score affecting your loan taking ability in the future.

Q. How many branches of Dakshin Bihar Gramin Bank Gold Loan?

Dakshin Bihar Gramin Bank is a regional rural bank in the state of Bihar, India having 1078 branches.

Share This

Menu